Economy
Reported widening of revenue shortfall in Feb as liquidity worries persist
Ahead of the publication of February’s budget execution figures next week, Finance Ministry sources have told local media that the revenue shortfall widened to around 1.5 billion euros by February from around 1 billion in January.
Greek unemployment rate ends 2014 at 26 pct, the first uptick since Sep 2013
The seasonally adjusted (SA) unemployment rate rose to 26 percent in December from an upward revised 25.9 percent in November, according to the Hellenic Statistical Agency (ELSTAT). This was the first uptick in the headline figure since September 2013.
Where next for Greece's troubled privatisation programme under SYRIZA?
Greek privatisations are expected to be one of the subjects discussed at Monday’s Eurogroup, as the government sets out its policies for one of the most troubled aspects of economic policy over the last few years.
Minor changes in Greek time deposit rates, higher movements in corporate loans
The interest rate on households’ new time deposits eased in January by just 2 basis points (bps), falling to 1.8 percent from 1.82 percent in December, according to the Bank of Greece (BoG).
Greek banks' Eurosystem funding jumps to 87.4 bln in Jan, ELA at 5.2 bln
Greek banks’ Eurosystem funding jumped by 31.44 billion euros month on month (MoM) to 87.48 billion at the end of January from 56.04 billion at the end of December, according to the Bank of Greece's (BoG) monthly financial statement published today.
Greece's imminent funding problems: All the numbers you need
Before the Greek government can reach the point of discussing any new arrangement with its lenders to take it before June, it has to overcome its pressing funding needs, with March probably being the biggest hump it has to get over during the next four months.
A closer look at planned laws for unpaid taxes and home foreclosures
Two of the four bills that the government plans to table in Parliament this week relate to the settlement of unpaid tax and social security contributions as well as the protection of primary residencies.
Office prices and rents saw substantial fall in H1 2014
The Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices.
Greek manufacturing PMI virtually unchanged in Feb as uncertainty bites
Greece’s Manufacturing PMI rose by just 0.1 points in February to 48.4 from 48.3 in January, according to Markit.
Greek retail trade turnover index declined by 3.7 pct in December
The turnover of Greece’s retail trade index dropped for the second straight month in December, at an accelerating pace of 3.7 percent from a revised 1.4 percent decline in November, according to the Hellenic Statistical Agency (ELSTAT).