Macroeconomy
Travel surplus rises by 48.2 pct in March as receipts increase
Greece’s travel balance rose by 48.2 percent year-on-year in March, recovering from a 135.2 percent drop noted in February, Bank of Greece (BoG) data revealed on Tuesday.
Industrial turnover up by 3.4 pct in March, positive for third month
Greece’s industrial turnover increased by 3.4 percent in March after February’s growth was revised upward to 3.9 percent, Hellenic Statistical Authority (ELSTAT) data published on Monday showed.
March current account deficit at 955.8 mln on improvement in goods balance
Greece’s current account (C/A) balance recorded a deficit of 955.8 million in March, improving against February’s deficit of 1.29 billion, Bank of Greece (BoG) figures showed on Monday.
Central government debt grows to 343.74 bln in Q1
Greece’s central government debt rose by 15.04 billion to 343.74 billion euros quarter-on-quarter (QoQ) in the first quarter (Q1) of 2018, from 328.70 billion in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Friday.
Primary cash surplus at 7.45 bln in April on revenue growth, lower expenditure
Greece’s central government primary cash surplus recorded a surplus of 7.45 billion euros in the first four months of the year, Bank of Greece (BoG) figures showed on Thursday.
Budget primary surplus at 2.33 bln in April on strong PIB underspend
The budget primary balance came to a surplus of 2.33 billion euros in the first four months of 2018, the Finance Ministry (MoF) preliminary budget execution bulletin for April showed on Monday.
Building activity up by 5.4 pct in Feb, permits remain below 1,000
Building permits increased by 5.4 percent in February following a rise of 18 percent in January, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Lower yields for short- and long-term borrowing boost Athens
There was a promising start to May for Greece’s debt management agency (PDMA) as interest in its T-Bills rose and borrowing costs dropped in the two issues it auctioned successfully on May 2 and May 9 via 13- and 26-week notes respectively.
Eurosystem funding decline picks up pace to 3.26 bln in April
Greek banks’ Eurosystem funding fell notably by 3.26 billion euros in April, Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
Car sales increase by 29.3 pct in April and by 32.2 pct in four-month period
Road motor vehicles going into circulation for the first time rose by 29.3 percent in April, increasing against March’s figure of 23.9 percent, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.