Macroeconomy
Retail turnover increases by 4.9 pct in September, volume rises 3.3 pct
Greece’s retail sales index increased by 4.9 percent in September after an upward revision to 5.2 percent for August, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
New overdue taxes jump by 1.4 bln in Sept, with total stock exceeding 104 bln
The month-on-month rise in Greece's new tax debt came to 1.42 billion in September, jumping from August’s increase of 849 million, data from the Independent Authority of Public Revenues (IAPR) showed on Thursday.
ESI up to 101.8 in November, consumer confidence rises for sixth straight month, jumping by 2.5 pts
Greece’s economic sentiment (ESI) rose by 0.8 points to 101.8 in November from 101 in October, European Commission (EC) figures revealed on Thursday.
October deposit inflows turn negative by 345.5 mln for first time since January
Net deposit movement in the Greek banking system turned negative in October with outflows of 345.5 million euros, after inflows of 101.1 million seen in September, Bank of Greece (BoG) figures revealed on Wednesday.
Credit contraction deepens 1.4 pct in October, balance at 174.90 bln
Credit contraction in the Greek market came to 1.4 percent in October, increasing from a contraction of 1.2 percent in September, Bank of Greece (BoG) figures showed on Wednesday.
Primary surplus confirmed at 6.44 bln in October on revised budget targets
The budget primary balance was confirmed at a surplus of 6.44 billion euros in the first 10 months of 2018, according to the final budget execution bulletin for October published by the Finance Ministry (MoF) on Monday.
Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
Following the formal approval by the European Commission on Wednesday as part of the European semester, the Finance Ministry tabled to Parliament the final budget for 2019.
Travel balance rises by 0.8 pct in September and 9.1 pct in 9M
Greece’s travel balance edged up by 0.8 percent in September, following a 1.4 percent rise in August, Bank of Greece (BoG) data revealed on Wednesday.
OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
The Organisation for Economic Co-operation and Development (OECD) issued its expectations for how the Greek economy will grow in the near future with the release of its economic outlook, and stressed the importance of Greece sticking to its reform programmes.
September current account surplus at 550.8 mln as goods deficit increases
Greece’s current account (C/A) balance recorded a surplus of 550.8 million euros in September, dropping from the figure of 1.56 billion noted in August, Bank of Greece (BoG) figures showed on Tuesday.