Economy
Arrears clearance meets September target, unlocks latest tranche
The European Commission (EC) published a note for the Eurogroup Working Group on Tuesday regarding the monitoring of net arrears clearance in the July-September period.
Programme talks on fiscal issues open wide range of concerns
The Finance Minister Euclid Tsakalotos and the Alternate Finance Minister Giorgos Houliarakis held the first meeting with the institutions' mission chiefs on fiscal issues on Monday.
Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln
The rise in unpaid social security contributions (SSCs) slowed quarter on quarter (QoQ) to 310 million euros in Q3 of 2016, from 831 million in Q2. The outstanding amount reaching 16.92 billion, the quarterly bulletin of the single SSC collection centre (KEAO) displayed on Monday.
Travel receipts drop 9.2 pct in Aug, dragging balance down 10.6 pct
Greece's travel receipts fell for the fifth straight month in August, when they declined at an accelerating pace of 9.2 percent from a 3.5 percent fall in July, Bank of Greece (BoG) figures showed on Monday.
Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues
Greece’s budget primary surplus surged by more than 77 percent to 5.44 billion euros in the 9-month period of 2016 from 2.27 billion a year ago, according to the Finance Ministry (MoF) final budget execution bulletin published on Monday.
After first talks in Athens, Greece and lenders aim for swift progress on second review
Official discussions between the Greek authorities and the institution mission chiefs on the second programme review began on Friday and are due to continue this week.
Greek stocks edge up 0.8 pct for third successive week
After some ups and downs, the Greek stock market edged up 0.8 percent this week, while trading volumes remained subdued for the fifth straight week.
Current account surplus narrows to 1.82 bln in August
Greece’s current account (C/A) surplus fell by 379 million, or 17.2 percent, to reach 1.82 billion euros in August, down from 2.2 billion a year ago, Bank of Greece (BoG) figures showed on Friday.
ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt
The second notification of the annual fiscal data published by the Hellenic Statistical Authority (ELSTAT) on Thursday revealed a lower 2015 primary surplus and higher debt compared to the initial figures published in its first notification on April 21.
Industrial turnover edges up 0.2 pct in August in first rise since October 2014
Greece’s Turnover Index in Industry slightly rose by 0.2 percent in August after an upward revised decline of 6.4 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.