Economy
Retail sales rise by 13.1 pct in Oct, led by fuels and non-food sectors
Greece’s retail sales accelerated in October, rising by 13.1 percent, from a downward revised increase of 12.5 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
PDMA's debt strategy for 2022 includes green bond in 12 bln haul
Greece’s debt managers (PDMA) published last week the debt strategy for next year, which will include an inaugural green bond in the second half of 2022.
Credit growth edges up to 1.1 pct in Nov
Credit movement in the Greek private sector increased by 1.1 percent year-on-year (YoY) in November, from a rise of 0.9 percent in October and 0.8 percent in September, Bank of Greece (BoG) figures released on Wednesday showed.
Private sector deposits rise by 1.83 bln in Nov, led by corporations
The net private sector deposit movement in the Greek banking system jumped by 1.83 billion euros in November, based on Bank of Greece (BoG) figures released on Wednesday.
Nov budget data confirms tax revenue outperformance at 784 mln
The budget primary balance recorded a deficit of 7.88 billion euros up to November 2021, compared with a deficit of 13.75 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday.
Unemployment drops to 13 pct in Q3, lowest since 2010, as employed exceed 4 mln
Greece’s non-seasonally adjusted unemployment rate continued its decline to 13 percent in the third quarter (Q3) from 15.8 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Travel surplus of 1.27 bln in Oct as receipts reach 58 pct of 2019 levels in 10 months
Greece’s travel balance recorded a surplus of 1.27 billion euros in October, from 2.06 billion euros in September, according to Bank of Greece (BoG) data released on Wednesday.
PBO outlines positives from 2021, warns about uncertainty in 2022
The Parliamentary Budget Office (PBO) published its last report for 2021, in which it outlines the favourable macro and fiscal conditions evident during the first nine months of the year.
Current account deficit widens to 780.8 mln in Oct, led by deterioration in goods balance
Greece posted a current account (C/A) deficit of 780.8 million euros in October, from a deficit of 176.7 million euros in September, Bank of Greece (BoG) data showed on Tuesday.
Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs
In the closing weeks of the year, Greek systemic banks have maintained their efforts to tidy up their balance sheets and execute on their business plans, which foresee them reaching single digit NPEs by the end of next year.