Macroeconomy
Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln
The rate of credit contraction in the Greek market remained stable at 1.6 percent in February, Bank of Greece (BoG) figures showed on Monday.
Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
Greece's travel receipts fell by 2.4 percent to 164.8 million euros in January, Bank of Greece (BoG) figures showed on Friday.
Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
The budget primary surplus was confirmed at 2.14 billion euros in the 2-month period of 2017, down by 25.2 percent from last year’s figure of 2.85 billion, the Finance Ministry (MoF) final budget execution bulletin revealed on Friday.
ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
The Bank of Greece (BoG) said on Thursday that the European Central Bank increased the Emergency Liquidity Assistance (ELA) ceiling for Greek banks by 400 million euros to 46.6 billion following a request made by BoG.
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.