Macroeconomy
Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
Greece’s central government primary cash balance recorded a deficit of 2.62 billion euros in the first four months of the year according to figures released by the Bank of Greece (BoG).
Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
The budget primary balance recorded a deficit of 1.51 billion euros in the first four months of 2020, compared to a surplus of 1.46 billion noted in April 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for April showed on Friday.
Car sales drop by 80.6 pct in April
Road motor vehicles going into circulation for the first time plummeted by 80.6 percent in April, compared to a fall of 50.8 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Building permits increase by 64.3 pct in February
Building permits rose by 64.3 percent year-on-year (YoY) in February compared to a rise of 55.7 percent in January, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
Greece’s general government (gg) primary cash surplus came to 774 million euros in the first three months of the year, down by 1.20 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
Industrial production edges up by 0.6 percent in March
Greece’s Industrial Production Index (IPI) increased by 0.6 percent year-on-year (YoY) in March following a slightly upward revised drop of 3.2 percent in February, Hellenic Statistical Authority (ELSTAT) data revealed on Monday.
CPI drops by 1.4 pct in April
Greece’s Consumer Price Index (CPI) dropped by 1.4 percent year-on-year (YoY) in April compared to no change in March, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Trade deficit declines by 7.9 pct in March
Greece’s trade deficit fell by 7.9 percent year-on-year (YoY) in March compared to no change YoY in February, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed.
New tax debt at 1.67 bln to Feb, up by 1.04 bln month-on-month
The month-on-month rise in Greece's new tax debt came to 1.04 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown.
April sees lowest hiring balance on record as pandemic bites and 233,626 fewer jobs offered
The employment balance edged into positive territory in April with 7,205 more hirings than firings, data from the Labour Ministry’s Ergani information system showed.