After just over four years of being shut out of international markets, Greece officially confirmed its return on Thursday with the sale of a five-year bond.
The seasonally adjusted jobless rate slipped for the fourth straight month to 26.7 percent in January from a downwards revised 27.2 percent the previous month, according to the Hellenic Statistical Agency (ELSTAT).
Greece remained in deflation for the thirteenth consecutive month in March. The Consumer Price Index (CPI) eased 1.3 percent at a slightly accelerating pace compared to the 1.1 percent posted in February, according to the Hellenic Statistical Authority (ELSTAT).
In its updated Fiscal Monitor report published on Wednesday, the International Monetary Fund confirms Greece achieved a general government (gg) primary surplus of 1.5 percent of GDP in 2013.
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.