Macroeconomy
Retail sales down 3.9 pct in April for eleventh successive month
The turnover of Greece’s retail trade index fell by 3.9 percent in April marginally slower than the revised 4 percent drop in March, Hellenic Statistical Agency (ELSTAT) figures displayed on Thursday.
Economic sentiment stable at 89.7 pts in June, consumer confidence rises again
Greece’s economic sentiment (ESI) remained stable at 89.7 in June, the European Commission (EC) figures displayed on Wednesday.
Tourism and exports expect impact from Brexit fallout
Although the effect from Brexit is likely to be rather small and limited on Greek economy, according to Bank of Greece (BoG) sources, some sectors could feel an imminent impact from the recent turmoil in the UK.
Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
Greece’s budget primary surplus was confirmed at 2.28 billion euros in the 5-month period of 2016, which was significantly higher than last year’s figure of 1.51 billion, according to the Finance Ministry’s (MoF) final budget execution bulletin released on Monday.
Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln
Greek bank credit contraction edged up to 2 percent in May, after slowing to 1.9 percent in April, Bank of Greece (BoG) figures displayed on Monday.
Deposit flow turns positive in May with inflows of 184 mln
The flow of Greek private sector deposits turned positive in May with inflows of 184 million following outflows of 59 million in April, Bank of Greece (BoG) figures displayed on Monday.
Lower foreign arrivals lead to 7 pct drop in April travel receipts
Greece's travel receipts fell by 7 percent in April after a short-lived rise by 8.2 percent in March, Bank of Greece (BoG) figures displayed on Wednesday.
Industrial turnover dives by 15.3 pct in April in fourth straight double-digit decrease
Greece’s Turnover Index in Industry dropped at an accelerating pace of 15.3 percent in April from a revised 12.4 percent decline in March, Hellenic Statistical Authority (ELSTAT) figures displayed on Tuesday.
Current account deficit narrows to 822 mln in April
Greece's current account (C/A) deficit fell by almost 21 percent to 822 million in April from 1.04 billion a year ago, Bank of Greece (BoG) figures showed on Tuesday.
Primary cash surplus widens to 2.66 bln in first five months of 2016
Greece’s central government primary cash balance climbed to 2.66 billion euros in the first five months of 2016 from 1.07 billion euros last year, Bank of Greece (BoG) figures showed on Friday.