Macroeconomy
Industrial turnover up by 8.6 pct in July, positive for eighth month
Greece’s Turnover Index in Industry rose by 8.6 percent in July after upwardly revised growth of 9 percent in June, data from the Hellenic Statistical Authority (ELSTAT) showed on Tuesday.
Primary cash surplus falls to 276 mln surplus at end of August amid revenue decline
Greece’s central government primary cash balance came to a surplus of 276 million euros in the first eight months of 2017 against a surplus of 2.41 billion euros for the same time last year, Bank of Greece data revealed.
Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
Greek banks’ Eurosystem funding fell for 26 successive months in August when it fell by a further 5.1 billion euros, Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
Net job hirings turn negative by 14,402 in August to highest aggregate figure on record
The employment balance turned to negative territory in August posting a negative figure of 14,402 as departures outpaced hirings, data from the Labour Ministry’s Ergani information system revealed on Thursday.
Budget primary surplus at 3.55 bln in 8-month, below target on lower revenues, higher tax refunds
The budget primary balance recorded a surplus of 3.55 billion euros in the first eight months of 2017, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Thursday.
Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
The Greek non-seasonally-adjusted unemployment rate fell to 21.1 percent in the second quarter (Q2) of 2017 from 23.3 percent in Q1 2017, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Turnover in tourism sector up 7.3 pct in Q2 for fourth straight rise
The Turnover Index in Accommodation and Food Services increased for the fourth straight quarter in Q2 2017, picking up by 7.3 percent following a slight downward revision to 0.9 percent in Q1, ELSTAT figures showed on Wednesday.
Building activity rises by 9 pct in June, permits above 1,000 for fourth month
Building permits rose by 9 percent in June compared to 45.7 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
Sharp rise of 2.01 bln in July for unpaid taxes
Greece’s new tax debt rose rose sharply to 2.01 billion euros in July, almost three times the figure of 727 million euros in June, the Independent Authority of Public Revenues’ (IAPR) data revealed.
Car sales rise by 31.3 pct in August
Road motor vehicles (going into circulation for the first time) rose by 31.3 percent in August from 28.3 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Monday.