Economy
Current account balance surplus of 874.4 mln in June shows significant yoy improvement
Greece’s current account (C/A) balance came to a surplus of 874.4 million in June, improving from a surplus of 300.6 million euros in May according to Bank of Greece (BoG) figures released on Tuesday.
Central government debt down to 356.55 bln in Q2, average maturity tops 20 yrs
Greece’s central government debt fell by 1.14 billion euros to 356.55 billion euros quarter-on-quarter (QoQ) in the second quarter (Q2) of 2019, from 357.69 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Tuesday.
Industrial turnover drops by 7.5 pct in June
Greece’s industrial turnover fell by 7.5 percent year-on-year (YoY) in June following a revised drop of 0.2 percent in May, Hellenic Statistical Authority (ELSTAT) data published on Monday showed.
Budget primary surplus reaches 1.78 bln in July, almost double target
The budget primary surplus reached 1.78 billion euros in the first seven months of 2019, compared to a surplus of 926 million in the same period last year, preliminary budget execution data from the Finance Ministry (MoF) showed on Friday.
Eight in 10 tourist visits to just five regions, six nationalities generate half of receipts
The research arm of the Greek tourism institute, INSETE, has released a study breaking down the nature of tourism to Greece by geographic area and type of tourist.
BoG awaits go-ahead from DG Comp over NPL scheme
The Bank of Greece (BoG) has reportedly finalised, in collaboration with Rothschild & Co, its plan for the reduction of bad loans on the books of the country’s systemic banks.
Overdue social security contributions decrease slightly to 35.11 bln in Q2
The stock of unpaid social security contributions (SSCs) fell to 35.11 billion in the second quarter (Q2) of 2019, declining by 274 million compared to the figure of 35.36 billion euros registered in the first quarter.
Eurosystem funding rises by 64.9 mln in July
Greek banks’ Eurosystem funding rose by 64.9 million euros month-on-month (MoM) in July according to the monthly Bank of Greece's (BoG) financial statement.
Building permits increase by 7.4 pct in May
Building permits rose by 7.4 percent year-on-year (YoY) in May compared to a rise of 14.6 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Industrial production rises by 0.3 pct in Jun and 1.2 pct in 6-month period
Greece’s Industrial Production Index (IPI) increased by 0.3 percent year-on-year (YoY) in June compared to a revised decrease of 0.1 percent in May, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.