Macroeconomy
Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
The pace of credit contraction in the Greek market slightly accelerated to 1 percent in May from 0.9 percent in the previous month, Bank of Greece (BoG) figures showed on Wednesday.
Deposit flow in positive territory at 638 mln in May
The deposit flow in the Greek banking system turned positive in May, with inflows of 638 million following outflows of 139 million in April, Bank of Greece (BoG) figures showed on Wednesday.
Five-month budget primary surplus confirmed at 1.84 bln, beats target by 790 mln
The budget primary surplus was confirmed at 1.84 billion euros in the 5-month period of 2017, up by 26.5 percent from last year’s figure of 1.46 billion, the Finance Ministry (MoF) final budget execution bulletin showed on Monday.
Travel receipts rise by 11.3 pct in April on back of higher arrivals
Travel receipts rose by 11.3 percent in April, reversing a decline of 7.8 percent in March, provisional Bank of Greece (BoG) figures showed on Wednesday.
Current account deficit eases by 410.6 mln in April
Greece’s current account (C/A) deficit eased by 410.6 million euros to 461.7 million in April from 872.2 million a year ago, Bank of Greece (BoG) figures showed on Tuesday.
Industrial turnover up for sixth straight month with 10.7 pct rise in April
Greece’s Turnover Index in Industry remained in positive territory, increasing by 10.7 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Primary cash balance posts deficit of 316 mln in first 5 months
The central government primary cash balance turned to a deficit of 316 million euros in the first five months of 2017 from a surplus of 2.66 billion last year, Bank of Greece data revealed on Friday.
Turnover in services sector improves slightly in Q1 2017
The majority of the turnover indices for the services sector recorded a slight improvement in Q1 2017, after dropping in the previous quarter, ELSTAT figures showed on Thursday.
Unemployment rate edges down to 23.3 pct in Q1
The non-seasonally-adjusted unemployment rate fell to 23.3 percent in Q1 of 2017 from 23.6 percent in the previous quarter, ELSTAT figures showed on Thursday.
Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
The budget primary balance recorded a surplus of 1.84 billion euros in the 5-month period of 2017, up by 26.5 percent from last year’s figure of 1.46 billion, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Wednesday.