Economy
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.
Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
Greece’s new tax debt rose by 1.19 billion euros in November, a slight increase on October’s figure of 1.18 billion, data from the Independent Authority of Public Revenues’ (IAPR) has revealed.
Omnibus bill to be tabled shortly as Athens edges to third review conclusion
Prime Minister Alexis Tsipras is due to chair a cabinet meeting on Monday, which is seen as the last step before the government submits to Parliament the multi-bill designed to wrap up most of the remaining 70-odd prior actions of the third review.
Multi-bill on way as Athens aims to complete third review by Jan 22
The tabling of the omnibus bill that seeks to sweep up most of the remaining prior actions in the third review is just a matter of days away.
PMI up to 53.1 in Dec as business conditions improve at fastest pace in over a decade
Greece’s Manufacturing PMI increased by 0.9 points in December to 53.1, with the index remaining above the 50-mark threshold for the seventh consecutive month.
Deposit inflows of 272.9 mln recorded in November
The Greek banking system experienced positive inflows of 272.9 million euros in November, compared to inflows of 1.04 billion seen in October, Bank of Greece (BoG) figures revealed on Friday.
Credit contraction unchanged at 0.9 pct in November
Credit contraction in the Greek market remained stable at 0.9 percent in November, unchanged from October, Bank of Greece (BoG) figures showed on Friday.
Retail sales fall for second straight month in Oct, with 0.8 pct decline
Greece’s retail sales fell by 0.8 percent year-on-year in October, continuing their contraction after a fall of 0.7 percent in September, according to data published by the Hellenic Statistical Agency (ELSTAT) on Friday.
Countdown begins for multi-bill, coalition eyes minimum wage increase
The countdown to the submission of the multi-bill that will aim to address many of the prior actions the government has to complete as part of the third review has begun.