Macroeconomy
Current account deficit narrows to 271 mln in Jan
Greece’s current account (C/A) deficit narrowed to 271.1 million euros in January 2017 from 771.4 million a year ago, Bank of Greece (BoG) figures showed on Thursday.
Industrial turnover surges 26.9 pct in Jan, also reflecting low base effect
Greece’s Turnover Index in Industry soared by 26.9 percent in January after an upward revised double-digit growth of 14.7 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.
Primary cash surplus almost halves to 1.1 bln in 2-month
Greece’s central government primary cash surplus fell to 1.11 billion euros in the 2-month period of 2017 from 2.09 billion a year ago, Bank of Greece (BoG) figures showed on Friday.
New overdue taxes rise by 1.6 bln in Jan, total stock at 93.4 bln
Greece’s new tax debt increased at an accelerating pace by 1.63 billion euros in January from 1.28 billion in December, data from the Independent Authority of Public Revenues (IAPR) revealed on Thursday.
Unemployment rate up to 23.6 pct in Q4, down to 23.5 for 2016
The Greek non-seasonally-adjusted unemployment rate increased to 23.6 percent in the fourth quarter (Q4) of 2016 from 22.6 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Turnover indices in most service activities deteriorate in Q4
The majority of the turnover indices for the services sector recorded a drop in the fourth quarter (Q4) of 2016, after a rebound in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.
Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
The budget primary balance posted a surplus of 2.12 billion euros in the 2-month period of 2017, 25.6 percent lower than the respective figure of 2.85 billion in the corresponding period last year, the Finance Ministry’s (MoF) preliminary budget execution bulletin revealed on Tuesday.
Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
Greek banks’ Eurosystem funding headed south for the twentieth straight month in February, albeit at a slower pace by 1.13 billion, following a decrease by 3.61 billion in the previous month, the Bank of Greece's (BoG) monthly financial statement revealed on Monday.
Wages index edges up 0.2 pct in Q4, drops 2.5 pct from previous quarter
The seasonally adjusted (SA) Wages Index increased for the fifth straight quarter in Q4 2016, albeit only by 0.2 percent year on year (YoY) after rising by 1 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
Building activity rebounds 2.1 pct in Dec, falls 5.5 pct in 2016
Greek building permits rose by 2.1 percent in December after dropping by 1.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data revealed on Monday.