Macroeconomy
Economic sentiment rebounds in September after six-month drop
After dropping in the preceding six months, Greece’s economic sentiment (ESI) strongly rebounded in September, when it rose by 7.9 points to 83.1 from 75.2 in August, European Commission (EC) figures showed on Tuesday.
Greece sees deposit inflows, of 449 mln, in August for first time since Sept 2014
Greek private sector deposit flow displayed inflows of 449 million euros in August from outflows of 1.51 billion in July, Bank of Greece (BoG) data showed on Friday.
Bank credit eases 1.6 pct in August on slightly accelerating negative flow
Following a deceleration in the preceding four months, Greek bank credit contraction resumed a slightly accelerating trend at 1.6 percent in August from 1.5 percent in July, Bank of Greece (BoG) figures showed on Friday.
Signifcant underspend covers revenue shortfall for budget primary surplus to August
Greece’s budget primary surplus significantly improved to 3.8 billion in the 8-month period of 2015 from 1.95 billion last year, the Finance Ministry (MoF) final budget data displayed on Thursday. Today’s figures confirm preliminary the preliminary data released on September 16.
Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
Greece's travel receipts grew by 3.5 percent in July from 1.2 percent in June, Bank of Greece (BoG) figures showed on Tuesday.
Cash primary surplus improves by 32.4 pct to 3.07 bln on revenue boost in August
Greece’s central government primary cash surplus grew by 32.4 percent to 3.07 billion euros in the 8-month period of 2015 from 2.32 billion in the corresponding period last year, Bank of Greece (BoG) figures displayed on Monday.
Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports
Greece's current account (C/A) balance had a surplus of 4.25 billion euros in July, which is 3.3 times higher compared to the 1.27 billion posted last year, according to Bank of Greece (BoG) data published on Monday.
Industrial turnover records its sharpest drop in six years, down 15.4 pct in July
The Greek Turnover Index in Industry dropped by 15.4 percent in July from a revised 12.9 percent decline in June, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
After increasing in the preceding two quarters, the non-seasonally-adjusted unemployment rate fell by two percentage points (pp) to 24.6 percent in the second quarter (Q2) of 2015 from 26.6 percent in Q1, the Hellenic Statistical Authority (ELSTAT) data displayed on Thursday.
Budget revenues rebound in August but shortfall remains at 4.2 bln
Greece’s budget primary surplus almost doubled to 3.8 billion euros in the 8-month period of 2015 from 1.95 billion euros last year, the Finance Ministry (MoF) preliminary budget figures showed on Wednesday.