Macroeconomy
Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
Greece’s travel balance rose by 1.4 percent in August, following a 15.9 percent rise in July, Bank of Greece (BoG) data revealed on Tuesday.
August current account shows surplus of 1.56 bln as deficit in primary income account grows
Greece’s current account (C/A) balance recorded a surplus of 1.56 billion euros in August, slightly lower than the figure of 1.58 billion euros in July, Bank of Greece (BoG) figures showed on Monday.
Revision confirms second year of total fiscal surplus at 0.8 pct of GDP
In the context of the second Excessive Deficit Procedure (EDP) notification of 2018, Greece’s statistical Authority (ELSTAT) announced on Monday the fiscal data for the 2014 – 2017 period. The data has been produced based on the Regulation ESA 2010 for the System of National Accounts.
Pensions spending stable but early retirees burden system
The Labour Ministry's Computer Centre for Social Security Services (IDIKA) recently published a report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension payments on a monthly basis.
Industrial turnover rises by 20.5 pct in August for highest increase since May 2017
Greece’s industrial turnover rose by 20.5 percent in August after July’s figure was slightly revised upward to 17.6 percent, Hellenic Statistical Authority (ELSTAT) data published on Friday showed.
Primary cash surplus at 17.96 bln in Sept as expenditure for the month falls
Greece’s central government primary cash balance recorded a surplus of 17.96 billion euros in the first nine months of the year, Bank of Greece (BoG) figures have shown.
Travel surplus rises by 17.4 pct in H1 as sharp rise in visitors drives receipts growth
The balance of travel services came to a surplus of 3.69 billion euros for the first half (H1) of the year, Bank of Greece (BoG) noted in its travel balance report for the first six months of the year.
GDP revision for 2017 points to slight improvement from initial estimates
Greece’s Statistical Authority (ELSTAT) issued on Wednesday the second estimate of the national accounts for 2017 and the revised data for the 2015-2016 period according to the EU regulation of the European System of National and Regional Accounts ESA 2010.
Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
The budget primary balance came to a surplus of 4.81 billion euros in the first nine months of 2018, according to the preliminary budget execution bulletin for September published by the Finance Ministry (MoF) on Monday.
Hirings balance positive by 6,556 in September but momentum slows down year-on-year
The employment balance returned to positive territory in September with 6,556 more hirings than departures, data from the Labour Ministry’s Ergani information system revealed.