Economy
Travel balance falls by 71.7 pct in March
Greece’s travel balance came to a surplus of 9.2 million euros in March from 32.5 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 71.7 percent year-on-year (YoY).
Alpha Bank announces 800 mln share capital increase; Q1 net loss of 282.2 mln
Alpha Bank reported a net loss of 283.3 million euros for the first quarter (Q1) of 2020 on Monday, bringing forward the publication of its results by several days after announcing on that it would carry out an 800 million euro share capital increase.
Current account shows deficit of 1.46 bln in March as imports rise
Greece posted a current account (C/A) deficit of 1.46 billion euros in March compared to 840.3 million euros in February, Bank of Greece (BoG) data showed on Friday.
Industrial turnover jumps 18.6 pct in March vs last year's lockdown
Greece’s industrial turnover increased 18.6 percent from a year earlier in March, compared with a revised drop of 2.6 percent in February.
Primary cash balance deficit at 6.14 bln in April
Greece’s central government recorded a primary cash balance deficit of 6.14 billion euros in the first four months of the year, according to figures released by the Bank of Greece.
Central government debt rises 6.79 bln to 380.8 bln in Q1
Greece’s central government debt increased by 6.79 billion euros to 380.8 billion euros quarter-on-quarter (QoQ) in the first quarter (Q1) of 2021, from 374 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Wednesday.
Employment balance positive by 33,210 in April; catering starts hiring ahead of reopening
The employment balance was positive with 33,210 more hirings than people leaving their jobs in April, data from the Labour Ministry’s Ergani information system showed.
Apartment prices rise 3.2 pct in Q1
The rise in the nominal value of apartments in Greece came to 3.2 percent year-on-year (YoY) in the first quarter (Q1) of 2021 from a revised increase of 2.5 percent in Q4 2020, Bank of Greece (BoG) data showed on Tuesday.
Updated privatisation plan seeks to make up for ground lost in 2020
Greece’s asset development fund (HRADF) released its updated development plan on Monday, which outlines the latest information on the 23 projects that the fund is engaged in.
Budget primary shows deficit of 6.21 bln in April, falling below target as expenditure grows
The budget primary balance recorded a deficit of 6.21 billion euros in the first four month of 2021, compared with a deficit of 1.52 billion in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for April showed on Monday.