Macroeconomy
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.
Central government debt increases by 10.7 bln to 356.03 bln in Q3
Greece’s central government debt rose by 10.65 billion to 356.03 billion euros quarter-on-quarter (QoQ) in the third quarter (Q3) of 2018, from 345.38 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Tuesday.
Industrial turnover positive for nine months with increase of 14.3 pct in September
Greece’s industrial turnover rose by 14.3 percent in September, dropping from the reading of 20.5 percent in August, Hellenic Statistical Authority (ELSTAT) data published on Monday showed.