Macroeconomy
Current account deficit narrows by 45 pct to 804.3 mln in Feb
Greece's current account (C/A) deficit narrowed by almost 45 percent to 804.3 million euros in February from 1.45 billion a year ago, Bank of Greece (BoG) figures showed on Wednesday.
Stable credit standards for loans in Q1, small uptick in demand for SME and housing lending
Credit standards for both corporate and household loans remained broadly unchanged quarter on quarter (QoQ) in Q1 of 2016, according to the Bank of Greece’s (BoG) bank lending survey.
Industrial turnover dives 15.1 pct in Feb on sharp drop in energy turnover
Greece’s Turnover Index in Industry sank by 15.1 percent in February, from an upward revised 13.8 percent drop in January, Hellenic Statistical Authority (ELSTAT) figures displayed on Tuesday.
Budget primary surplus of 2.68 bln in first quarter, but March trims outperformance
Greece’s budget primary surplus climbed to 2.68 billion in the first quarter of 2016 from 1.73 billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday.
Eurosystem funding drops by another 2.8 bln to 101.4 bln in March
Greek banks’ Eurosystem funding fell for the ninth successive month in March at an accelerating pace of 2.78 billion euros after dropping by 1.86 billion in February, Bank of Greece's (BoG) monthly financial statement showed on Wednesday.
Greek tax wedge remained far above OECD average in 2015
The tax wedge in Greece remained well above the OECD average in 2015, according to the OECD Taxing Wages 2016 report released on Tuesday.
Building activity down 18.8 pct in January, permits hit new low
Greek building permits fell by 18.8 percent in January after rising by 5.1 percent in December, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.
Net private sector hirings of 29,351 in March, highest in last 15 years
The employment balance showed net hirings of 29,351 in March 2016, up by 7,038 from last year, the Labour Ministry’s information system (Ergani) data displayed on Monday.
Car sales rebound 3.4 pct in March
The number of road motor vehicles (going into circulation for the first time) resumed an upward trend rising by 3.4 percent in March, after a short-lived fall by 17 percent in February, Hellenic Statistical Authority (ELSTAT) figures displayed on Friday.
Industrial production drops by 3 pct in February
Greece’s Industrial Production Index (IPI) fell by 3 percent in February after rising in the preceding three months, Hellenic Statistical Authority (ELSTAT) data showed on Friday.