Economy
Athens set to profit from falling borrowing costs as yields drop ahead of review completion
Greek borrowing costs have dropped significantly as the country nears the completion of what is meant to be its final adjustment programme.
Car sales rise by 16.1 pct in December, annual increase reaches 20.8 pct
Road motor vehicles going into circulation for the first time rose by 16.1 percent in December, which is the same rate as in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Conclusion of third review closer as extensive bill tabled by coalition
The Greek government moved a step closer to completing the third review yesterday, when it submitted to Parliament the vast multi-bill that will take care of around 50 of nearly 60 remaining prior actions.
Industrial production shows growth of 0.8 pct in November
Greece’s Industrial Production Index (IPI) increased by 0.8 percent in November after October’s rise was upwardly revised to 0.7 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Tuesday.
General govt primary cash surplus at 7.15 bln in Nov, arrears reduced further
Greece’s general government (gg) primary cash surplus amounted to 7.15 billion eurso in the first 11 months of 2017, up by 701 million compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin.
Trade deficit narrows by 11.5 pct in November on higher exports, slower import rise
Greece’s trade deficit fell by 11.5 percent in November after rising by 20.6 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Economic sentiment reaches 101 pts in Dec, highest in more than 3 years
Greece’s economic sentiment (ESI) had one of its most marked improvement of 2017 in the final months of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC) figures revealed on Monday.
Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
Greece’s new tax debt rose by 1.19 billion euros in November, a slight increase on October’s figure of 1.18 billion, data from the Independent Authority of Public Revenues’ (IAPR) has revealed.
Omnibus bill to be tabled shortly as Athens edges to third review conclusion
Prime Minister Alexis Tsipras is due to chair a cabinet meeting on Monday, which is seen as the last step before the government submits to Parliament the multi-bill designed to wrap up most of the remaining 70-odd prior actions of the third review.
Multi-bill on way as Athens aims to complete third review by Jan 22
The tabling of the omnibus bill that seeks to sweep up most of the remaining prior actions in the third review is just a matter of days away.