Macroeconomy
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.
Central government debt rises to 326.4 billion on ESM disbursement
Greece’s central government debt Increased by 2.65 billion euros quarter on quarter (QoQ) to 326.36 billion in the fourth quarter (Q4) of 2016 from 323.71 billion in Q3, the Finance Ministry (MoF) debt bulletin showed on Monday.
Industrial turnover soars 13.5 pct in December, drops 5.1 pct in 2016
Greece’s Turnover Index in Industry surged 13.5 percent in December after an upward revised 3.1 percent growth in November, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
Greece’s current account (C/A) deficit widened to 933.4 million in December from 783.8 million a year ago, Bank of Greece (BoG) figures revealed on Monday.
Special ELSTAT report reveals dramatic changes in labour market since 1980s
The drastic changes in the Greek labour market were depicted in a special report released by the Hellenic Statistical Authority (ELSTAT) on Friday, which showed the evolution of a number of important features from 1981 until 2015.
Primary cash surplus down to 248 mln in Jan, including modest arrears repayment of 41 mln
Greece’s central government primary cash surplus dropped by 138 million euros to 248 million in January, Bank of Greece (BoG) figures showed on Friday.
Greece in inflation for first time since Feb 2013 as CPI rises 1.2 pct in Jan
Τhe Greek Consumer Price Index (CPI) rose 1.2 percent in January after zero growth in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Budget execution starts 2017 with primary balance outperformance on target-beating revenues
The budget primary balance recorded a surplus of 1.02 billion euros in the first month of 2017, broadly similar to that posted a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday.
Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
Greeces’ seasonally adjusted (SA) GDP fell by 0.4 percent quarter on quarter (QoQ) in the fourth quarter (Q4) of 2016, after an upward revised growth of 0.9 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) flash estimates revealed on Tuesday.