Macroeconomy
Deposit flow turns negative, outflows of 153 mln in July
Deposit outflows of 153 million were recorded in the Greek banking market after inflows of 1.07 billion in the previous month, Bank of Greece (BoG) figures displayed on Friday.
Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
Greece’s budget primary surplus fell by 4.4 percent to 3.55 billion in the 7-month period of 2016 from 3.71 billion last year, the Finance Ministry (MoF) final budget execution bulletin displayed on Friday. Preliminary figures were released on August 16.
Apartment prices drop by 2.7 pct in Q2, slowest rate since Q1 2010
Apartment prices in Greece continued heading south, but at a decelerating pace, for the third successive quarter in Q2 of 2016, when they dropped by 2.7 percent from a revised 4.7 percent decline in Q1, Bank of Greece (BoG) data displayed on Thursday.
Central government debt climbs to 328.3 bln in Q2 on bailout tranche of 7.5 bln
Greece’s central government debt increased by 7.33 billion euros to 328.34 billion in the second quarter (Q2) of 2016 from 321.01 billion in the previous quarter, according to the Finance Ministry (MoF) debt bulletin.
Drop in arrivals and spending impinge on H1 travel receipts
The balance of travel services in June posted a surplus of 1.72 billion euros, a decline of 3.6 percent compared to the surplus of 1.78 billion in the same period last year, according to data released by Bank of Greece on Monday.
Current account surplus almost doubles to 1 bln in June
Greece's current account (C/A) surplus almost doubled to 1 billion euros in June from 508.9 million a year ago, Bank of Greece (BoG) figures showed on Thursday.
Industrial turnover falls by 9.4 pct in June
Greece’s industrial turnover continued its steady decline during 2016, falling by 9.4 percent year on year in June from a revised 13.6 percent drop in May, according to data released by ELSTAT on Friday.
Net job hirings rise again, reaching 19,281 in July - highest since 2001
The employment balance was kept positive for the sixth successive month with net hirings reaching 19,281 in July 2016 from net departures of 16,658 a year ago, the Labour Ministry’s information system (Ergani) data showed on Thursday.
Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln
Greece’s central government primary cash surplus fell by 607 million euros to 2.38 billion in the 7-month period of 2016 from 2.99 billion in the corresponding period last year, Bank of Greece (BoG) figures showed on Thursday.
Property tax notices for 2016 to be issued, collection target remains same
The notices for the single property tax (ENFIA), one of the most significant individual taxes in Greece, are due to be published on Thursday August 18, according to a General Secretariat of Public Revenues (GSPR) announcement.