Economy
Building permits drop by 5.1 pct in Feb
Building permits decreased by 5.1 percent year-on-year (YoY) in February, improving from a decline of 10.2 percent in January, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Car sales rise by 20.4 pct in April
Road motor vehicles going into circulation for the first time rose by 20.4 percent in April compared to a drop of 9.5 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
General govt primary cash surplus at 1.98 bln in March, arrears rise by 62 mln
Greece’s general government (gg) primary cash surplus came to 1.98 billion euros in the first three months of the year, down by 556 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
Industrial production drops by 2.7 pct in Mar
Greece’s Industrial Production Index (IPI) dropped year-on-year (YoY) by 2.7 percent in March compared to an upward revised increase of 3 percent in February, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
Trade deficit jumps by 28.1 pct in March
Greece’s trade deficit rose substantially by 28.1 percent year-on-year (YoY) in March, compared to a drop of 3.5 percent in February, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed.
CPI rises by 1 pct in April
Greece’s Consumer Price Index (CPI) increased by 1 percent in April following a rise of 0.9 percent in March, Hellenic Statistical Authority (ELSTAT) said on Friday.
Lenders highlight risks of 'short-term popular' measures unveiled by government
There has been a highly sceptical reaction from the institutions to the fiscal expansionary measures announced by the Greek government this week, including a reduction to VAT rates and a bonus for pensioners.
Unemployment for Feb comes to 18.5 pct
Greece’s seasonally adjusted (SA) unemployment rate stayed under 19 percent for a seventh consecutive month in February and came to 18.5 percent from a slightly upward revision of January’s rate to 18.6 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
OTE's revenues rise by 0.2 pct in Q1
The Hellenic Telecommunications Organization S.A’s (OTE Group) results for the first three months (Q1) of 2019 showed a 0.2 percent rise in revenue compared to the same quarter last year.
Athens plans to use cash buffer to create fiscal leeway for expansionary measures
The package of expansionary measures announced by Prime Minister Alexis Tsipras on Tuesday is due to be covered by the fiscal space the government expects over the coming years but also creates some doubt about the primary surplus targets agreed with the lenders.