Macroeconomy
Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln
Greece's current account (C/A) balance showed a deficit for the third successive month in December, when it reached 870 million euros, which was more than 3.5 times higher than last year’s figure, according to the Bank of Greece (BoG).
Greek industrial turnover plummets by 8.9 pct in Dec as manufacturing suffers
The Turnover Index in Industry headed south for the second straight month in December but at an accelerating pace of 8.9 percent from 0.7 percent in November, according to the Hellenic Statistical Authority (ELSTAT).
Finance Ministry targets 3 bln from unpaid taxes
During a press briefing on Wednesday to set out the government’s initiatives for the settlement of unpaid tax obligations, Alternate Finance Minister Nadia Valavani provided figures that give a useful insight into outstanding tax debt
Greek CPI falls 2.8 pct in Jan for second largest drop since 2001
The drop in Greek consumer price index (CPI) accelerated for the second straight month to 2.8 percent in January from 2.6 percent in December, according to the Hellenic Statistical Authority (ELSTAT).
Drop in revenues drives Jan central government primary cash deficit to 149 mln
Greece’s central government primary cash balance recorded a deficit of 149 million euros in January 2015 from surplus of 812 million last year, according to the Bank of Greece (BoG).
Greek Q4 GDP down 0.2 pct QoQ, 2014 nominal GDP stays in recession
The Greek seasonally adjusted (SA) GDP figure at constant prices showed a quarter on quarter (QoQ) fall of 0.2 percent in Q4 of 2014 after a rise (up to 0.7 percent) in the preceding three quarters, according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Friday.
Building activity suffers larger drop of 30.9 pct in November
The rate of decline in the number of building permits issued accelerated to 30.9 percent in November from 19 percent in October, according to the Hellenic Statistical Authority (ELSTAT).
Greek industrial production drops 3.8 pct in Dec for 10th negative reading of 2014
The Greek Industrial Production Index (IPI) fell by 3.8 percent in December after a short lived rise of 2.5 percent in November, according to the Hellenic Statistical Authority (ELSTAT).
Greek trade deficit widens by 26.9 pct in December
After receding in the previous two months, Greece’s trade deficit rose by 26.9 percent in December, according to the Hellenic Statistical Authority (ELSTAT).
Growth in new car registrations slows to 12.8 pct in Jan
After reaching a historic high of 69.3 percent in December, the growth rate in the number of road motor vehicles (going into circulation for the first time) slowed to 12.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT).