Economy
Private sector deposits rise by 1.83 bln in Nov, led by corporations
The net private sector deposit movement in the Greek banking system jumped by 1.83 billion euros in November, based on Bank of Greece (BoG) figures released on Wednesday.
Nov budget data confirms tax revenue outperformance at 784 mln
The budget primary balance recorded a deficit of 7.88 billion euros up to November 2021, compared with a deficit of 13.75 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday.
Unemployment drops to 13 pct in Q3, lowest since 2010, as employed exceed 4 mln
Greece’s non-seasonally adjusted unemployment rate continued its decline to 13 percent in the third quarter (Q3) from 15.8 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Travel surplus of 1.27 bln in Oct as receipts reach 58 pct of 2019 levels in 10 months
Greece’s travel balance recorded a surplus of 1.27 billion euros in October, from 2.06 billion euros in September, according to Bank of Greece (BoG) data released on Wednesday.
PBO outlines positives from 2021, warns about uncertainty in 2022
The Parliamentary Budget Office (PBO) published its last report for 2021, in which it outlines the favourable macro and fiscal conditions evident during the first nine months of the year.
Current account deficit widens to 780.8 mln in Oct, led by deterioration in goods balance
Greece posted a current account (C/A) deficit of 780.8 million euros in October, from a deficit of 176.7 million euros in September, Bank of Greece (BoG) data showed on Tuesday.
Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs
In the closing weeks of the year, Greek systemic banks have maintained their efforts to tidy up their balance sheets and execute on their business plans, which foresee them reaching single digit NPEs by the end of next year.
Industrial turnover rises by 40.6 pct in Oct
Greece’s industrial turnover remains on a solid footing, jumping by 40.6 percent year-on-year (YoY) in October, from a 39.5 percent rise in September, according to data from the Hellenic Statistical Authority (ELSTAT) released on Monday.
Primary cash deficit almost halved to 7.32 bln in Nov
Greece’s central government recorded a primary cash deficit of 7.32 billion euros up to November, from a deficit of 13.45 billion euros last year, according to figures released by the Bank of Greece on Friday.
End of freeze on layoffs coincides with worst ever hirings balance in Nov
Greece’s employment balance remained deep in the red in November with 79,129 more departures than hires, from negative 70,048 in October, according to data from the Labour Ministry’s Ergani information system.