Macroeconomy
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.
New overdue tax obligations increase by 754 mln in April, total up to 94.8 bln
Greece’s new tax debt rose at slightly higher pace of 754 million euros in April after increasing by 658 million in March, the Independent Authority of Public Revenues (IAPR) data revealed on Wednesday.
Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
Greek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday.