Macroeconomy
Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
Apartment prices in Greece fell at a slower pace of 1.5 percent in the third quarter (Q3) of 2016, following a revised drop of 2.6 percent in Q2, Bank of Greece (BoG) data showed on Monday.
Current account surplus widens to 1 bln in September
Greece’s current account (C/A) surplus expanded by more than 104 million euros or 11.5 percent from last year to reach 1.01 billion in September from 904 million a year ago, Bank of Greece (BoG) figures displayed on Monday.
Central government debt drops to 323.7 bln in Q3 on bond repayments
Greece’s central government debt dropped by 4.63 billion euros quarter on quarter (QoQ) to 323.71 billion in Q3 from 328.34 billion in Q2, according to the Finance Ministry (MoF) debt bulletin.
Industrial turnover rises at accelerating pace of 9.4 pct in Sept
Greece’s Turnover Index in Industry increased at a sharper pace of 9.4 percent in September, after an upward revised growth of 2.1 percent in August, Hellenic Statistical Authority (ELSTAT) data displayed on Friday.
Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
Greece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday.
Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
Greece’s budget primary surplus surged 43.4 percent to 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Monday.
Building activity rebounds 16.6 pct in Aug, largely due to low base effect
Greek building permits rose for the second straight month in August, albeit at a decelerating pace of 16.6 percent, after a stronger increase of 35.4 percent in July, Hellenic Statistical Authority (ELSTAT) data displayed on Monday.
Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
The Greek seasonally adjusted (SA) GDP at constant prices rose by 0.5 percent quarter on quarter (QoQ) in the third quarter (Q3) of 2016, the Hellenic Statistical Authority (ELSTAT) flash estimates showed on Monday.
Record job departures in Oct but highest 10-month net hirings since 2001
The employment balance turned negative again in October with net departures notably increasing to 82,810 from 56,473 a year ago, data from the Labour Ministry’s Ergani information system displayed on Thursday.
In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
Greek banks’ Eurosystem funding dropped by another 3.53 billion euros in October after a decrease by 3.15 billion in September, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday.