Macroeconomy
Strong receipts push travel balance up by 15.9 pct in July
Greece’s travel balance rose by 15.9 percent in July, almost unchanged from the increase of 16 percent in June, Bank of Greece (BoG) data revealed on Friday.
July current account shows surplus of 1.58 bln as tourism drives services surplus
Greece’s current account (C/A) balance recorded a surplus of 1.58 billion euros in July, showing a negligible increase from the surplus of 1.55 billion euros in June, Bank of Greece (BoG) figures showed on Thursday.
Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement
Greece’s central government primary cash balance recorded a surplus of 16.76 billion euros in the first eight months of the year, Bank of Greece (BoG) figures have shown.
Industrial turnover rises by 17.5 pct in July for seventh positive month
Greece’s industrial turnover rose by 17.5 percent in July after June’s figure was revised upward to 17.7 percent, Hellenic Statistical Authority (ELSTAT) data published on Wednesday showed.
Hirings balance in August turns negative by 7,748
The employment balance slipped into negative territory in August with 7,748 more departures than hirings during the month, data from the Labour Ministry’s Ergani information system revealed.
Budget primary surplus at 3.14 bln in August as revenues grow and spending falls
The budget primary balance came to a surplus of 3.14 billion euros in the first eight months of 2018, according to the preliminary budget execution bulletin for August published by the Finance Ministry (MoF) on Friday.
Turnover in services sector improves in Q2 2018
Turnover indices for the services sector recorded an improvement in the second quarter (Q2) of 2018, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Unemployment rate falls to 19 pct in Q2
The Greek non-seasonally-adjusted unemployment rate stood at 19 percent in the second quarter (Q2) of the year, dropping from the rate of 21.2 percent registered in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
Greek banks’ Eurosystem funding declined by 382.1 million euros month-on-month (MoM) in August, the Bank of Greece's (BoG) monthly financial statement has revealed.
Turnover in tourism grows by 11.5 pct during Q2
The turnover index in accommodation and food services remained positive for an eighth continuous month in the second quarter (Q2) of the year, increasing by 11.5 percent from 10.9 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.