Macroeconomy
Primary cash surplus improves to 2.93 bln at end of April
Greece’s central government primary cash balance significantly widened to 2.93 billion eurso in the 4-month period of 2016, from 1.05 billion in the corresponding period last year, according to Bank of Greece (BoG) figures
Industrial turnover drops 12.7 pct in March, energy plummets 27 pct
Greece’s Turnover Index in Industry fell at a slightly slower pace of 12.7 percent in March from a revised 14.9 percent in February, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Current account deficit more than halves to 708 mln in March
Greece's current account (C/A) deficit more than halved to 708.1 million euros in March from 1.48 billion last year, Bank of Greece (BoG) figures showed on Friday.
Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending
Greece’s budget primary surplus reached 2.38 billion euros in the 4-month period of 2016 from 2.1 billion in the corresponding period last year, according to the Finance Ministry (MoF) preliminary budget execution bulletin published on Thursday.
Apartment prices fall at slightly slower pace of 5 percent in Q1
The drop in Greek apartment prices slightly decelerated for the second straight quarter in Q1, when there was a 5 percent decrease from a revised 5.3 percent in Q4 2015, Bank of Greece (BoG) data showed on Thursday.
General gov't figures shed more light on course of spending, revenues during crisis
The release of the 2015 detailed general government figures by the Hellenic Statistical Authority (ELSTAT) revealed some interesting findings on the evolution of the annual key figures.
Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
The Greek seasonally adjusted (SA) GDP at constant prices contracted by 0.4 percent quarter on quarter (QoQ) in the first quarter (Q1) of 2016 after a short-lived marginal rise of 0.1 percent in Q4 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday.
Eurosystem funding falls below 100-bln mark for first time since Jan 2015
Greek banks’ Eurosystem funding dropped for the tenth straight month in April, albeit at the decelerating pace of 1.88 billion euros after a decrease of 2.78 billion in March, according to the Bank of Greece's (BoG) monthly financial statement on Thursday.
Unemployment rate slips to 24.2 pct in February
Greece’s seasonally adjusted (SA) unemployment rate slipped to 24.2 percent in February from 24.4 percent in January, the Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday.
Drop in building activity slows to 12.2 pct in February
Greek building permits dropped at a decelerating pace of 12.2 percent in February from 18.8 percent in January, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.