Economy
Economic sentiment stable in Feb, consumer confidence improves
Greece’s economic sentiment (ESI) stayed broadly unchanged in February at 114 points, from 114.2 in January, according to European Commission figures released on Friday.
Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance
Greece has one more step to take before it completes its post-programme surveillance after the institutions published the report that accompanies the latest review, the thirteenth since the summer of 2018 when Greece agreed to a number of commitments that are due to be delivered by this summer.
Travel receipts more than double in 2021, arrivals at 47 pct of 2019
Greece’s travel balance recorded a surplus of 64 million euros in December, from a surplus of 173.8 million euros in November, according to Bank of Greece (BoG) data released on Tuesday.
Employment data for 2021 shows 88.3 pct of firms have up to 10 staff, 1 in 5 workers earns below 500 euros
A special publication by the Labour Ministry based on data from the Ergani database presents the latest digest of the Greek labour market and a profile of Greek entrepreneurship.
Employment balance negative by 25,804 in Jan as pandemic support is wound down
Greece’s employment balance stayed negative in January as departures outpaced hires by 25,804, according to data from the Labour Ministry’s Ergani information system.
December current account deficit at 1.71 bln, worst for eight years
Greece posted a current account (C/A) deficit of 1.71 billion euros in December, from 2.52 billion euros in November, Bank of Greece (BoG) data showed on Monday.
Industrial turnover rises by another 22.9 pct in Dec, led by non-domestic market
Greece’s industrial turnover remains on a solid recovery path, rising by 22.9 percent year-on-year (YoY) in December, after jumping by an upwards revised 40 percent in November, according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday.
Central govt debt rises again in Q4, reaching 388.3 bln euros
Greece’s central government debt increased by roughly 2 billion euros in the last quarter of 2021 to 388.34 billion euros, from 386.82 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Friday.
Central govt primary cash deficit narrows appreciably to 429 mln in Jan
Greece’s central government recorded a primary cash deficit of 429 million euros in January, from a deficit of 1.6 billion euros in the same month of 2021, according to figures released by the Bank of Greece on Thursday.
Traditional sectors carry burden of job creation as unemployment levels fall
Having weathered the pandemic over the last two years, Greece’s labour market remains on the recovery path it has been following since July 2013, when monthly unemployment rate peaked at 28 pct and 1.36 million Greeks were out of employment.