Macroeconomy
Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
The increase in unpaid social security contributions (SSCs) accelerated quarter on quarter (QoQ) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter.
Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
Greece’s budget primary surplus almost doubled to 4.44 billion euros in 2016 from 2.27 billion in 2015, the Finance Ministry (MoF) final budget execution bulletin showed on Tuesday.
Travel receipts drop 13.8 pct in Nov, 11-month figure down 6.6 pct
Greece's travel receipts fell by 13.8 percent in November, after rebounding in the previous two months, Bank of Greece (BoG) figures displayed on Monday.
Eurosystem funding falls by 1.9 bln in Dec, down by 60 bln since July 2015
Greek banks’ Eurosystem funding dropped by 1.87 billion euros in December, at a slower pace compared to the decline of 3.3 billion in the previous month, Bank of Greece's (BoG) annual balance sheet revealed on Friday.
Current account deficit of 1.2 bln in Nov turns 11-month balance negative
Greece’s current account (C/A) deficit edged down to 1.19 billion euros in November 2016 from 1.17 billion a year ago, Bank of Greece (BoG) figures showed on Friday.
Higher number of firms and employees, increased average wage in private sector in 2016
The Labour Ministry published on Thursday the annual figures of its information system (Ergani) providing detailed figures on companies and workers with employment governed by private law for 2016.
Primary cash surplus of 1.95 bln in 2016 including arrears’ repayment of 3.85 bln
Greece’s central government primary cash surplus fell to 1.95 billion in 2016 from 3.49 billion in the previous year, Bank of Greece (BoG) figures displayed on Tuesday.
Industrial turnover rebounds 2 pct in November
Greece’s Turnover Index in Industry rebounded by 2 percent in November after an upward revised drop of 2.9 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Thursday.
HRADF signs share purchase agreement with Ferrovie for sale of TRAINOSE
The Hellenic Republic Asset Development Fund (HRADF) said on Wednesday it has signed the share purchase agreement for the sale of 100 percent in TRAINOSE (operation and management of railway activities) to the Italian Ferrovie Dello Stato Italiane for a consideration of 45 million euros.
PPC general meeting approves unbundling of ADMIE
The Public Power Corporation (PPC) held an Extraordinary General Meeting (EGM) on Tuesday that approved the unbundling of the Independent Power Transmission Operator (ADMIE), which is fully owned by PPC.