Macroeconomy
Employment balance positive by 33,210 in April; catering starts hiring ahead of reopening
The employment balance was positive with 33,210 more hirings than people leaving their jobs in April, data from the Labour Ministry’s Ergani information system showed.
Apartment prices rise 3.2 pct in Q1
The rise in the nominal value of apartments in Greece came to 3.2 percent year-on-year (YoY) in the first quarter (Q1) of 2021 from a revised increase of 2.5 percent in Q4 2020, Bank of Greece (BoG) data showed on Tuesday.
Budget primary shows deficit of 6.21 bln in April, falling below target as expenditure grows
The budget primary balance recorded a deficit of 6.21 billion euros in the first four month of 2021, compared with a deficit of 1.52 billion in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for April showed on Monday.
Unemployment at 16 pct in January
Greece’s seasonally adjusted (SA) unemployment rate increased to 16 percent in January from a revised 15.6 percent from December, Hellenic Statistical Authority’s (ELSTAT) data showed on Monday.
Car sales more than treble in April from depressed level last year
Road motor vehicles going into circulation for the first time jumped 361 percent in April compared to an increase of 98.5 percent in March, Hellenic Statistical Authority (ELSTAT) data showed.
EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
The European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February.
Building permits decrease by 3.2 pct in February
Building permits decreased by 3.2 percent year-on-year (YoY) in February after an increase of 6.4 percent seen in January, Hellenic Statistical Authority (ELSTAT) data released on Wednesday showed.
CPI falls by 0.3 pct YoY in April; core index down 1.6 pct
Greece’s Consumer Price Index (CPI) fell by 0.3 percent year-on-year (YoY) in April compared to a decline of 1.6 percent seen in March, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.
New tax debt at 2.31 bln March, rising by 685 mln month-on-month
The month-on-month rise in Greece's new tax debt came to 685 million euros in March, data from the Independent Authority of Public Revenues (IAPR) has shown.
General govt primary deficit at 3.87 bln in March; spending soars
Greece’s general government (gg) primary cash deficit came to 3.87 billion euros in the first three months of the year, compared with a surplus of 1.14 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) monthly gg bulletin.