Macroeconomy
Eurosystem funding drops at sharper pace of 3.6 bln in Jan
Greek banks’ Eurosystem funding fell at an accelerating pace of 3.61 billion euros in January after a drop of 1.87 billion in December, the Bank of Greece's (BoG) monthly financial statement showed on Wednesday.
PMI rebounds to 47.7 in Feb but shows deterioration for sixth straight month
Greece’s Manufacturing PMI improved by 1.1 points to 47.7 in February, after falling to a 16-month low of 46.6 in January, Markit’s survey showed on Wednesday.
Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln
The rate of credit contraction in the Greek market accelerated to 1.6 percent in January after remaining stable in the previous months, Bank of Greece (BoG) figures showed on Tuesday.
Deposit outflows of 1.5 bln in Jan after seasonally high inflows in Dec
The Greek market recorded outflows of 1.53 billion euros in January after the seasonally high inflows of 2.8 billion in December, Bank of Greece (BoG) figures revealed on Tuesday.
Retail sales down by 1.3 pct in Dec for first drop since Aug
The turnover of Greece’s retail trade index fell by 1.3 percent in December after upward revised growth of 2.2 percent in November, Hellenic Statistical Agency (ELSTAT) data showed on Tuesday.
Economic sentiment and consumer confidence deteriorate in Feb
Greece’s economic sentiment (ESI) fell by 2.2 points in February after remaining stable in the previous month, the European Commission (EC) figures revealed on Monday.
Budget primary surplus at 1 bln in Jan as tax revenues outperform
The budget primary surplus was confirmed at 1.02 billion euros in the first month of 2017 broadly stable from last year, according to the Finance Ministry (MoF) final budget execution bulletin published on Friday.
BoG sees chance of normality returning if review concludes swiftly
In its annual report published on Friday, the Bank of Greece (BoG) called for a return to normality through the successful conclusion of the second programme review.
Travel receipts rise 4.7 pct in Dec, 2016 figure down 6.4 pct despite increased arrivals
Greece's travel receipts rebounded by 4.7 percent in December after falling by 13.8 percent in November, Bank of Greece (BoG) figures showed on Tuesday.
Job departures hit 17-year high of 29,817 in January
The employment balance stayed negative in January 2017, with net departures climbing to 29,817 from 9,954 a year ago, data from the Labour Ministry’s Ergani information system revealed on Tuesday.