Macroeconomy
Greek primary cash surplus up to 2.61 bln at end of November
Greece’s central government primary cash balance showed a surplus of 2.61 billion euros in the 11-month period from deficit of 4 billion in the same period last year, according to the Bank of Greece (BoG).
Almost all services in Greece saw decline in Q3
The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT).
Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
Greece’s budget execution showed the primary surplus widening by 879 million euros to 3.53 billion in the 11-month period from 2.65 billion in the 10-month, according to the Finance Ministry (MoF) preliminary budget bulletin.
Building activity down again in September but at slower rate of -11.2 pct
Τhe number of building permits issued in Greece continued to drop in September, albeit at the slower pace of -11.2 percent compared to -19.9 percent in August, according to the Hellenic Statistical Authority (ELSTAT).
Greek unemployment falls for seventh straight month, down to 25.7 pct
The seasonally adjusted (SA) unemployment rate declined for the seventh straight month in September, when it fell to 25.7 in September from an upward revised 26 percent in August, according to the Hellenic Statistical Agency (ELSTAT).
Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
Greece’s total tax revenues as a percentage of GDP remained virtually unchanged at 33.5 percent in 2013 from 33.7 percent in 2012, according to the latest OECD Revenue Statistics report.
Greek banks' Eurosystem funding rises again in November, up by 1 bln
Greek banks’ Eurosystem funding increased for the second straight month in November, when it rose by 1 billion euros, according to the Bank of Greece's (BoG) monthly financial statement on Wednesday.
Greek industrial production drops for eighth straight month but at slower rate
The Greek Industrial Production Index (IPI) continued heading south for the eighth straight month in October, when it fell at a slower pace of 0.7 percent after a downward revised 4.9 percent drop in September, according to the Hellenic Statistical Authority (ELSTAT).
Rise in Greek car sales slows to 7.5 pct in November
Τhe rate of increase in the number of road motor vehicles going into circulation for the first time slowed to 7.5 percent in November from 33.7 percent in October, according to the Hellenic Statistical Authority (ELSTAT).
Greek deflation eases slightly to 1.2 pct in November
The drop in Greek consumer prices slowed to 1.2 percent in November from 1.7 percent in October, according to the Hellenic Statistical Authority (ELSTAT). However, the headline figure is the second highest deflationary reading since May.