Macroeconomy
Greek households saw net financial wealth plummet by 37.5 pct during crisis
Τhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday.
Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes
Greek household disposable income fell for the eighth successive quarter in the third quarter (Q3) of 2016, when it decreased by 2.3 percent compared to a slight drop of 0.3 percent recorded in Q2, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.
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.