Macroeconomy
Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
Greece's travel receipts dropped for the fourth successive month in July, albeit at a slower pace of 3.5 percent, after a decrease by 5.4 percent in June, Bank of Greece (BoG) figures displayed on Wednesday.
Budget primary surplus of 3.8 bln to Aug beats target by wide margin
Greece’s budget primary surplus edged down 1.1 percent to 3.76 billion euros in the 8-month period of 2016 from 3.8 billion in the corresponding period last year, the Finance Ministry (MoF) preliminary budget execution bulletin displayed on Tuesday.
Current account surplus falls to 1.4 bln in July
Greece's current account (C/A) surplus narrowed by 1.07 billion euros, or 42.8 percent, to 1.43 billion in July 2016 from 2.51 billion last year, Bank of Greece (BoG) figures showed on Tuesday.
Industrial turnover sees 21st straight month of decline with 5.9 pct fall in July
Greece’s Turnover Index in Industry dropped by 5.9 percent in July after a downward revised 8.2 percent decline in June, Hellenic Statistical Authority (ELSTAT) data displayed on Monday.
State clears 440 mln in arrears to private sector in July
In its first bulletin on the transfers and payments of general government arrears since the government came to power in January, the Finance Ministry (MoF) has set out how these debts are being paid following the conclusion of the first programmer review.
Wages index sees strong rebound of 4.6 pct in Q2
The seasonally adjusted (SA) Wages Index increased for the third straight quarter at a notably accelerating pace of 4.6 percent in the second quarter (Q2) of 2016 following a rise by 0.7 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures displayed on Friday.
![en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/10/unemployment_1000_myrto_1010-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Unemployment rate falls to 23.1 pct in second quarter, lowest since Q2 2012
The Greek non-seasonally adjusted unemployment rate edged down to 23.1 percent in the second quarter (Q2) of 2016 from 24.9 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures displayed on Thursday.
Turnover in services sector worsens again in Q2
Most of the turnover indices for the services sector fell year on year in the second quarter (Q2) of 2016, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Eurosystem funding falls by another 4.4 bln in August
Greek banks’ Eurosystem funding remained on a downward trend for the fourteenth successive month in August, when it dropped by 4.39 billion euros, after a similar fall of 4.3 billion in July, Bank of Greece's (BoG) monthly financial statement displayed on Wednesday.
Who pays property tax and how much revealed by Greek authorities
The General Secretariat of Public Revenues (GSPR) published on Tuesday evening the results of the single property tax (ENFIA) settlement along with comparisons to last year. It also provided insight into who paid the levy.