Macroeconomy
Budget primary surplus confirmed at 635 mln in June on lower spending
The budget primary balance was confirmed at a surplus of 635 million euros in the first six months of 2018, the Finance Ministry (MoF) final budget execution bulletin for June showed on Tuesday.
Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
Greece’s travel balance rose sharply by 38.2 percent in May, recovering strongly from April’s decline of 29 percent, Bank of Greece (BoG) data revealed on Tuesday.
May current account shows surplus of 191.5 million as underlying indicators improve
Greece’s current account (C/A) balance recorded a surplus of 191.5 million euros in May, reversing the deficit of 1.34 billion noted in April, Bank of Greece (BoG) figures showed on Monday.
Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
Greece’s industrial turnover continued its positive streak this year with an increase of 11.4 percent in May after April’s figure was slightly revised down to 6.5 percent, Hellenic Statistical Authority (ELSTAT) data published on Friday showed.
June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
Greece’s central government primary cash balance recorded a surplus of 6.49 billion euros in the first half of the year, Bank of Greece (BoG) figures showed on Wednesday.
Travel balance records 127 mln surplus in Q1, much improved on last year
The balance of travel services came to a surplus of 127 million euros for the first quarter (Q1) of 2018 according to figures released by the Bank of Greece (BoG).
Budget primary surplus at 617 mln in June as expenditure continues to fall below target
The budget primary balance came to a surplus of 617 million euros in the first six months of 2018, according to the preliminary budget execution bulletin for June published by the Finance Ministry (MoF)on Monday.
Building permits up by 1 pct in April and 5.2 pct in first four months of the year
Building permits rose by 1 percent in April following a drop of 2.3 percent in March, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed.
Unemployment rate edges up to 20.2 pct in April as number of employed dips
Greece’s seasonally adjusted (SA) unemployment rate in April edged up to 20.2 percent from 20.1 percent in March, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Eurosystem funding falls by 4.56 bln in June to 16.31 bln
Greek banks’ Eurosystem funding declined substantially in June, falling by 4.56 billion month-on-month (MoM), the Bank of Greece's (BoG) monthly financial statement has revealed.