Economy
Greece and eurozone reach tentative deal, much undecided
The Eurogroup initially approved the extension of Greece's current Master Financial Assistance Facility Agreement (MFAFA) for up to four months (end of June), which is two months short of what Athens requested on Thursday.
Greek central gov't debt rises to recent high of 181.1 pct at end of Q4 2014
Greece’s central government debt rose by 2.4 billion quarter on quarter (QoQ) to 324.13 billion at the end of the fourth quarter (Q4) of 2014 from 321.73 billion at the end of Q3, according to the Finance Ministry debt bulletin.
Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln
Greece's current account (C/A) balance showed a deficit for the third successive month in December, when it reached 870 million euros, which was more than 3.5 times higher than last year’s figure, according to the Bank of Greece (BoG).
Greek industrial turnover plummets by 8.9 pct in Dec as manufacturing suffers
The Turnover Index in Industry headed south for the second straight month in December but at an accelerating pace of 8.9 percent from 0.7 percent in November, according to the Hellenic Statistical Authority (ELSTAT).
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.