Economy
Piraeus and Alpha forge ahead with share capital raises and securitisations
Activity in Greece’s banking sector continues unabated as Greek systemic lenders proceed with their plans to improve their balance sheets and leave behind the legacy of the decade-long debt crisis.
Budget primary shows deficit of 8.17 bln in May, falling below target
The budget primary balance recorded a deficit of 8.17 billion euros in the first five months of 2021, compared with a deficit of 4.84 billion in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for May showed on Tuesday.
Car sales increase by 57.2 percent in May
Road motor vehicles going into circulation for the first time rose by 54.1 percent in May compared to a jump of 361 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Building permits jump by 42.9 pct in March, from year-earlier start to lockdown
Building permits increased by 42.9 percent year-on-year (YoY) in March after a decrease of 3.2 percent seen in February, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
Greece’s seasonally adjusted (SA) unemployment rate dropped to 16.3 percent in March from a revised 16.6 percent in February, according to Hellenic Statistical Authority’s (ELSTAT) data released on Friday.
Industrial production up by 22.5 percent in April after last year's lockdown
Greece’s Industrial Production Index (IPI) rose by 22.5 percent year-on-year (YoY) in April following a revised increase of 5.7 percent in March, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday.
CPI rise by 0.1 pct YoY in May, turning positive on energy base effects
Greece’s Consumer Price Index (CPI) rose by 0.1 percent year-on-year (YoY) in May compared to a decline of 0.3 percent seen in April, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
Greece completed its fourth market foray of the year by re-opening this week the 10-year bond that was issued on January 28.
New tax debt at 2.56 bln April, rising by 249 mln month-on-month
The month-on-month rise in Greece's new tax debt came to 249 million euros in April, data from the Independent Authority of Public Revenues (IAPR) has shown.
General govt primary cash deficit at 6.66 bln in April; arrears fall
Greece’s general government (gg) primary cash deficit came to 3.87 billion euros in the first four months of the year, compared with a deficit of 1.76 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) monthly gg bulletin.