Macroeconomy
Credit contraction slows to 1.3 pct in March on net additions of 307 mln
The rate of credit contraction in the Greek market slowed to 1.3 percent in March from 1.6 percent in February, Bank of Greece (BoG) figures showed on Friday.
Deposit flow turned positive in March, with inflows of 278 million
The Greek banking system posted deposit inflows of 278 million euros in March, following outflows of 750 million in the previous month, Bank of Greece (BoG) figures revealed on Monday.
Retail sales climb 10.9 pct in Feb on strong rebound in almost all sectors
The turnover of Greece’s retail trade index rose for the second straight month at a rate of 10.9 percent in February, after increasing by 1.4 percent in January, Hellenic Statistical Agency (ELSTAT) data showed on Friday.
Economic sentiment and consumer confidence improve in April
Greece’s economic sentiment (ESI) increased at an accelerating pace of 1.5 points in April after a rise of 0.5 points in March, European Commission (EC) figures showed on Thursday.
Disposable income rises slightly in Q4 for first time since Q3 2014
Greek household disposable income edged up 0.1 percent in the fourth quarter (Q4) of 2016 after falling by 1.8 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
These were the key drivers behind Greece's strong fiscal performance in 2016
The publication of the general government’s non-financial sector accounts on Monday has provided more insight regarding the key drivers of the fiscal performance in 2016, which was confirmed in a first notification issued by the Hellenic Statistical Authority (ELSTAT) on Friday.
Credit standards and demand for corporate, household loans stable in Q1
Credit standards for both corporate and household loans stayed unchanged from the previous quarter in the first quarter (Q1) of 2017, in line with earlier expectations, Bank of Greece (BoG) bank lending survey (BLS) showed on Tuesday.
New overdue tax obligations increase by 989 mln in Feb, stock reaches 94 bln
Greece’s new tax debt rose at a slower pace of 989 million euros in February after an increase by 1.63 billion in January, the Independent Authority of Public Revenues (IAPR) data revealed on Monday.
Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
The budget primary surplus was confirmed at 1.07 billion in the first quarter (Q1) down by 42.6 percent from last year’s figure of 1.86 billion, according to the Finance Ministry (MoF) final budget execution bulletin.
Travel receipts fall by another 3.1 pct in Feb on lower spending
Greece's travel receipts continued to fall in February, when they dropped by 3.1 percent, after a decrease of 2.4 percent in January, Bank of Greece (BoG) figures showed on Friday.