Economy
General gov't primary surplus shrinks to 419 mln in January
The Greek general government (gg) primary cash balance showed the surplus shrinking to 419 million euros in January 2015, much lower than the 1.88 billion euros posted in January 2014, according the gg bulletin published by the Ministry of Finance (MoF).
Eurobank posts loss of 523.7 mln in Q4 2014
Eurobank posted a net loss of 523.7 million euros in the fourth quarter (Q4) of 2014 from 186.6 million in Q3.
Wages index rises at slower pace of 1.4 pct in Q4 2014
The seasonally adjusted Wages Index advanced, albeit at a slower pace, for the second consecutive quarter in the fourth quarter (Q4) of 2014, when it rose by 1.4 percent from 2.1 percent in Q3, according to the Hellenic Statistical Authority (ELSTAT).
Trade deficit plunges by 21 pct in January as exports and imports fall
After climbing by 26.9 percent in December, Greece’s trade deficit fell 21 percent in January, according to the Hellenic Statistical Authority (ELSTAT).
Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation
The drop in the Greek consumer price index (CPI) decelerated to 2.2 percent in February from 2.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT).
Car sales in Greece up 26.8 pct in February
Τhe growth rate in the number of road motor vehicles (going into circulation for the first time) accelerated to 26.8 percent in February from 12.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT).
Accommodation and food services turnover jumps 22.2 pct in Q4 2014
The Turnover Index in Accommodation and Food Services rose at an accelerating pace of 22.2 percent in the fourth quarter (Q4) of 2014 from 7.6 percent in Q3, according to Hellenic Statistical Authority (ELSTAT).
Ahead of Eurogroup, Greece juggles funds to cover liquidity shortage
Eurozone finance ministers meet on Monday afternoon to discuss, amongst other things, the list of seven reforms submitted by Greek Finance Minister Yanis Varoufakis last week - a vital step towards Greece possibly overcoming its pressing liquidity problems.
Greece submits reform proposals but Eurogroup unlikely to be moved
Ahead of Monday's meeting of eurozone finance ministers, Greek Finance Minister Yanis Varoufakis has sent a letter to Eurogroup President Jeroen Dijsselbloem setting out an initial list of seven reforms to be submitted for technical discussions.
Reported widening of revenue shortfall in Feb as liquidity worries persist
Ahead of the publication of February’s budget execution figures next week, Finance Ministry sources have told local media that the revenue shortfall widened to around 1.5 billion euros by February from around 1 billion in January.