Economy
Finance Ministry targets 3 bln from unpaid taxes
During a press briefing on Wednesday to set out the government’s initiatives for the settlement of unpaid tax obligations, Alternate Finance Minister Nadia Valavani provided figures that give a useful insight into outstanding tax debt
Greece's fiscal, debt and funding goals as set out at Eurogroup
The Greek Finance Ministry leaked today all the key documents that were presented to Greece’s Eurozone partners during the last two Eurogroup meetings on February 11 and 16.
Greek CPI falls 2.8 pct in Jan for second largest drop since 2001
The drop in Greek consumer price index (CPI) accelerated for the second straight month to 2.8 percent in January from 2.6 percent in December, according to the Hellenic Statistical Authority (ELSTAT).
Drop in revenues drives Jan central government primary cash deficit to 149 mln
Greece’s central government primary cash balance recorded a deficit of 149 million euros in January 2015 from surplus of 812 million last year, according to the Bank of Greece (BoG).
Greek funding needs add to pressure in talks between Athens and lenders
Eurozone finance ministers are due to meet again on Monday to discuss a possible compromise between Greece and its lenders but these talks continue against a backdrop of pressing funding needs for Athens.
Greek Q4 GDP down 0.2 pct QoQ, 2014 nominal GDP stays in recession
The Greek seasonally adjusted (SA) GDP figure at constant prices showed a quarter on quarter (QoQ) fall of 0.2 percent in Q4 of 2014 after a rise (up to 0.7 percent) in the preceding three quarters, according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Friday.
Investors' hopes of eurozone deal boost Greek stocks and bonds
The Greek stock market surged for the second straight session on Friday, rising by 5.61 percent following increased trading activity triggered by rumours Greece may clinch a deal with its European partners at the Eurogroup on Monday.
Greek primary budget surplus halved in Jan as revenues miss target
Greece’s budget execution showed the primary surplus halving to 443 million euros in January from 835 million last year, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday.
Building activity suffers larger drop of 30.9 pct in November
The rate of decline in the number of building permits issued accelerated to 30.9 percent in November from 19 percent in October, according to the Hellenic Statistical Authority (ELSTAT).
November sees highest MoM drop in employment as headline figure remains at 25.8 pct
The seasonally adjusted (SA) unemployment remained at 25.8 percent in November 2014, unchanged from the previous month, according to the Hellenic Statistical Agency (ELSTAT).