Macroeconomy
Travel balance falls by 97.6 pct in January
Greece’s travel balance came to 2.4 million euros in January from 54.9 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 97.6 percent year-on-year (YoY).
Unemployment at 16.2 pct in Q4
The Greek non-seasonally-adjusted unemployment rate stood at 16.2 percent in the fourth quarter (Q4) of the year, unchanged from Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.
PBO sees just 2.7% growth this year, warns about private debt
Parliament’s Budget Office (PBO) published on Tuesday its report for the fourth quarter of 2020, also updating its macro estimates for 2021.
Current account shows deficit of 436 mln in January
Greece’s current account balance posted a deficit of 435.7 million euros in January compared to 653.8 million euros in December, Bank of Greece data showed.
Industrial turnover drops by 12.2 pct in January
Greece’s industrial turnover fell 12.2 percent from a year earlier in January, compared with a revised drop of 3.6 percent in December.
Primary cash balance deficit at 2.72 bln in February
Greece’s central government recorded a primary cash balance deficit of 2.72 billion euros in the first two months of the year, according to figures released by the Bank of Greece.
Budget primary shows deficit of 1.5 bln in Feb, above target by 1.23 bln
The budget primary balance recorded a deficit of 1.5 billion euros in the two month of 2021, compared with a surplus of 831 million in the same period of 2020, the preliminary Finance Ministry budget execution bulletin for February showed.
Unemployment drops to 15.8 pct in December, lowest since February
Greece’s seasonally adjusted unemployment rate fell to 15.8 percent in December from 16.2 percent in November, Hellenic Statistical Authority’s data showed on Wednesday.
Car sales drop by 18.8 pct in February
Road motor vehicles going into circulation for the first time fell by 16.4 percent in February compared to a drop of 27.8 percent in January, Hellenic Statistical Authority (ELSTAT) data showed.
Turnover in tourism drops by 57.6 pct in Q4
The turnover index in accommodation and food services fell by 57.6 percent year-on-year in the fourth quarter, a third straight quarter when it dropped by more than half, Hellenic Statistical Authority figures showed on Friday.