Macroeconomy
Current account deficit at 1.22 bln in Nov, down 18.6 pct
After recording a surplus in the preceding five months, Greece's current account (C/A) balance posted a deficit of 1.22 billion euros in November down by 18.6 percent from last years’ figure, Bank of Greece (BoG) data displayed on Wednesday.
Stable credit standards and mixed trends in demand for Greek loans in Q4
Credit standards for both corporate and household loans were kept broadly unchanged in the last quarter (Q4) of 2015, Bank of Greece (BoG) bank lending survey (BLS) data displayed on Tuesday.
Industrial turnover drops 10.1 pct in November, for thirteenth straight fall
The fall in Greece’s Turnover Index in Industry decelerated to 10.1 percent in November following a revised 18.8 percent drop in October, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. A similar decline of 10.7 percent was also posted over the past twelve months.
ELA funding down by 8.6 bln in Dec for sharpest drop since July
Greek banks’ Eurosystem funding continued heading south for the sixth straight month dropping by 5.89 billion in December after a 5.98 billion fall in November, Bank of Greece's (BoG) 2015 balance sheet showed on Monday.
Drop in building activity accelerates to 11.3 pct in Oct
Greek building permits dropped for the fourth successive month at an accelerating pace of 11.3 percent in October from 3.5 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Unpaid social security contributions almost reach 15 bln
Unpaid social security contributions reached 14.89 billion euros at the end of September, according to the quarterly bulletin of the single social security contribution collection centre (KEAO).
Deflation drops to 0.2 pct in Dec, at 1.7 pct for 2015
The drop in the Greek Consumer Price Index (CPI) decelerated further to 0.2 percent in December from 0.7 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Greek labour market recorded in 2015 second highest net hirings since 2001
Net hirings stood at 7,826 in December, which is the second positive reading for this month since 2001, the Labour Ministry’s information system (Ergani) showed on Tuesday.
Car sales grow by 7 pct in Dec and by 13.5 pct overall in 2015
The number of road motor vehicles going into circulation for the first time continued heading north in December, rising by 7 percent compared to the 15.2 percent growth posted in November, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps
Greek households’ new time deposit rate eased by 5 another basis points (bps) to just above the 1-percent mark in November, Bank of Greece (BoG) figures showed on Friday.