The Greek general government (gg) primary cash surplus in the first two months of 2014 more than doubled to 3.54 billion from 1.45 billion last year, according to the gg bulletin released by the Ministry of Finance on Wednesday.
The Greek Industrial Production Index (IPI) rose 1.7 percent in February, posting a positive change for the third consecutive month, according to the Hellenic Statistical Authority (ELSTAT).
Cars going into circulation for the first time showed a year on year (YoY) increase for the seventh successive month at 33.1 percent in March, according to latest data published by the Hellenic Statistical Agency (ELSTAT) on Tuesday.
The Greek government has emerged from this week’s Eurogroup and Ecofin with renewed confidence about the country’s economic prospects and buoyed enough to consider an imminent return to bond markets, possibly as early as next week.
The turnover of Greece’s retail trade index fell by 4.3 percent in January and volume eased by 1.9 percent, according to data published by the Hellenic Statistical Agency (ELSTAT) on Friday.
As expected, the informal Eurogroup held in Athens on Tuesday approved the next European Financial Stability Facility (EFSF) instalment of 8.3 billion euros subject to the full implementation of prior actions and agreed milestones. The approval comes after the Greek Parliament narrowly approved the multi-bill on Sunday evening.
Greece’s Manufacturing PMI slowed to 49.7 in March from 51.3 in February, falling back below the 50-point mark that separates growth from contraction, according to Markit.
Alpha and Piraeus banks successfully completed at the beginning of the week their capital increases of 1.2 and 1.75 billion respectively via private placements conducted through book-building processes with foreign investors.
Greece’s trade deficit narrowed 15.4 percent to 1.62 billion euros in January, according to the Hellenic Statistical Authority (ELSTAT).
Greek private sector deposits fell 0.3 percent month on month (MoM) in February, with balances reaching 160.54 billion euros, according to the Bank of Greece (BoG).