Macroeconomy
Travel balance increases by 16 pct in June and 19.5 pct in first half of year
Greece’s travel balance rose by 16 percent in June, slowing from an increase of 38.2 percent in May, Bank of Greece (BoG) data revealed on Tuesday.
Industrial turnover up by 17.4 pct in June for highest rise in year so far
Greece’s industrial turnover reported an increase of 17.4 percent in June, strengthening from an upward revised rise of 11.9 percent in May, Hellenic Statistical Authority (ELSTAT) data published on Monday showed.
Central government debt rises to 345.38 billion in Q2
Greece’s central government debt rose by 1.64 billion to 345.38 billion euros quarter-on-quarter (QoQ) in the second quarter (Q2) of 2018, from 343.74 billion in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Monday.
June current account shows surplus of 208.8 million as imports outpace exports
Greece’s current account (C/A) balance recorded a surplus of 208.8 million euros in June, strengthening from the surplus of 191.5 million euros in May, Bank of Greece (BoG) figures showed on Monday.
July primary cash surplus at 6.75 bln as revenue rise outstrips expenditure
Greece’s central government primary cash balance recorded a surplus of 6.75 billion euros in the first seven months of the year, Bank of Greece (BoG) figures have shown.
Employment balance year-to-date posts record despite more departures in July
The employment balance turned negative in July, with departures outpacing hirings by 8,610 data from the Labour Ministry’s Ergani information system revealed on Wednesday.
Budget surplus beats July target on lower investment spending as tax refunds fall short
Greece’s budget primary balance came to a surplus of 2.09 billion euros in the first seven months of 2018, according to the July preliminary budget execution bulletin published by the Finance Ministry (MoF) on Tuesday.
Unpaid contributions rise to 33.86 bln as more legacy debtors added
The stock of unpaid social security contributions (SSCs) increased to 33.86 billion euros in the second quarter (Q2) of 2018, increasing by nearly 2 billion compared to the figure of 31.87 billion euros registered in the first quarter (Q1) of the year, the Centre for the Collection of Social Security Arrears (KEAO) revealed.
Growth conditions improving but more work needed over longer term, PBO suggests
The Parliament Budget Office's (PBO) second quarter (Q2) report, published recently, examined the current economic conditions in Greece but also how exports and imports have evolved during the crisis.
Building permits up by 4.4 pct in May and 5.3 pct in first five months
Building permits rose by 4.4 percent in May following a rise of 1 percent in April, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.