Economy
February current account deficit at 1.29 bln as underlying balances worsen
Greece’s current account (C/A) balance recorded a deficit of 1.29 billion in February, deepening from January’s deficit of 585.6 million, Bank of Greece (BoG) figures showed on Friday.
Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
Greek banks’ Eurosystem funding fell by around 1.45 billion euros in March, the Bank of Greece's (BoG) monthly financial statement revealed on Friday.
Debt, fiscal path still divide lenders ahead of Washington Group meeting
All eyes will be on Friday’s meeting of the so-called Washington Group at the sidelines of the International Monetary Fund’s Spring Meetings, with Athens hoping that the gathering of some of its lenders will provide greater clarity about the upcoming programme exit.
Industrial turnover grows by 3.1 pct in February
Greece’s industrial turnover increased by 3.1 percent in February, slowing down from January’s upward revised growth of 12.9 percent according to Hellenic Statistical Authority (ELSTAT) data published on Thursday.
IMF raises forecast for primary surplus but differences with European lenders remain
Following the publication of its macro estimates in the World Economic Outlook (WEO), the International Monetary Fund issued on Wednesday its latest fiscal estimates in the Fiscal Monitor, where the numbers for Greece for 2017 and 2018 were updated.
Primary cash surplus at 7.72 bln in March on strong underspend
Greece’s central government primary cash surplus recorded a surplus of 7.72 billion euros in the first three months of the year, Bank of Greece (BoG) figures showed on Wednesday.
EquiFund makes official launch in bid to grow Greek businesses
The hotly anticipated venture capital fund, EquiFund, which aims to foster business growth in Greece was officially launched by prime minister Alexis Tsipras on Monday.
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF revises growth forecasts downwards, emphasising gap with other lenders
The International Monetary Fund (IMF) issued on Tuesday its latest World Economic Outlook (WEO), updating its forecasts for the Greek economy over the coming years.
Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
The balance of travel services came to a surplus of 12.73 billion euros for the full year in 2017, according to figures released by the Bank of Greece (BoG).
Are hirings in the public sector out of control?
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In recent weeks the Greek government has come under sustained criticism from the main opposition party, New Democracy, for its management of the public sector.