Macroeconomy
Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
Greece’s budget primary surplus was confirmed at 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) final budget execution bulletin showed on Thursday.
Fiscal Council adopts 2017 budget forecasts with three reservations
Following the tabling of the 2017 budget in Parliament on Monday, the Greek Fiscal Council published on Tuesday its opinion, which concludes that it adopts the forecasts but under three reservations.
Travel receipts rebound 2.3 pct in September, 9-month figure still points to a decline of 5.5 pct
Greece's travel receipts rebounded for the first time in the last six months by 2.3 percent in September, Bank of Greece (BoG) figures displayed on Tuesday.
Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
Finance Minister Euclid Tsakalotos tabled in Parliament on Monday afternoon the 2017 budget detailing the government’s fiscal and macro estimates for 2016 and 2017.
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.