Macroeconomy
Unemployment rate drops again in Q3, reaching 22.6 pct
The Greek non-seasonally-adjusted unemployment rate fell again in the third quarter (Q3) of 2016 to 22.6 percent from 23.1 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Budget primary surplus to Nov reaches 7.4 bln on continued strong revenue performance
Greece’s budget primary surplus climbed to 7.45 billion euros in the 11-month period of 2016, up by 71.7 percent from last year’s figure of 4.34 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Wednesday.
Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall
Greek banks’ Eurosystem funding fell by another 3.3 billion euros in November, after a broadly similar drop of 3.53 billion in October, Bank of Greece's (BoG) monthly financial statement showed on Tuesday.
Bill aims to encourage more electronic transactions in Greece
The Greek government tabled a multi-bill on Monday evening including the new frameworks for electronic transactions and undeclared income.
Building activity edged up 1 pct in September
Greek building permits grew for the third successive month in September but at a much slower pace of 1 percent from 16.6 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
The employment balance stayed negative in November 2016 with net departures rising to 37,667 from 24,674 in the corresponding period last year, data from the Labour Ministry’s Ergani information system showed on Monday.
Industrial production rebounds by 6.8 pct in October
The Greek Industrial Production Index (IPI) rebounded by 6.8 percent in October after a marginal rise of 0.1 percent in the previous two months, Hellenic Statistical Authority (ELSTAT) data displayed on Friday.
CPI falls at faster pace of 0.9 pct in November
Τhe Greek Consumer Price Index (CPI) dropped at a sharper pace of 0.9 percent in November, after a decrease of 0.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Wages index rises again to reach 91 in Q3, highest since Q4 2012
The seasonally adjusted (SA) Wages Index rose for the fourth successive quarter in the third quarter (Q3) of 2016, albeit at a slower pace of 1 percent year on year (YoY) from a higher increase of 4.6 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
New overdue taxes climb by 1.4 bln in October, total stock reaches 93.9 bln
Greece’s new tax debt increased by 1.4 billion in October after a broadly similar rise of 1.35 billion in September, the General Secretariat of Public Revenues (GSPR) data revealed on Thursday evening. It is highlighted that new overdue taxes stand above the 1.3-billion mark for the third straight month.