Economy
Lenders wait for prior actions to be completed, Athens expects 4.5-bln tranche
Members of the Eurogroup Working Group (EWG) are due to meet again next week, after Greece has completed its prior actions, to finalise their recommendation to eurozone finance ministers.
Business balance positive in 2017, small companies continue to dominate
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Data from the General Commercial Register database (GEMI) has shown that in 2017, the balance of companies which joined the registry as opposed to those which left it was the highest since 2011.
Unemployment rate at 20.7 pct in October, previous month revised upwards
Greece’s seasonally adjusted (SA) unemployment rate came to 20.7 percent in October after the upward revision of September’s figure to 20.8 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Athens set to profit from falling borrowing costs as yields drop ahead of review completion
Greek borrowing costs have dropped significantly as the country nears the completion of what is meant to be its final adjustment programme.
Car sales rise by 16.1 pct in December, annual increase reaches 20.8 pct
Road motor vehicles going into circulation for the first time rose by 16.1 percent in December, which is the same rate as in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Conclusion of third review closer as extensive bill tabled by coalition
The Greek government moved a step closer to completing the third review yesterday, when it submitted to Parliament the vast multi-bill that will take care of around 50 of nearly 60 remaining prior actions.
Industrial production shows growth of 0.8 pct in November
Greece’s Industrial Production Index (IPI) increased by 0.8 percent in November after October’s rise was upwardly revised to 0.7 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Tuesday.
General govt primary cash surplus at 7.15 bln in Nov, arrears reduced further
Greece’s general government (gg) primary cash surplus amounted to 7.15 billion eurso in the first 11 months of 2017, up by 701 million compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin.
Trade deficit narrows by 11.5 pct in November on higher exports, slower import rise
Greece’s trade deficit fell by 11.5 percent in November after rising by 20.6 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Economic sentiment reaches 101 pts in Dec, highest in more than 3 years
Greece’s economic sentiment (ESI) had one of its most marked improvement of 2017 in the final months of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC) figures revealed on Monday.