Macroeconomy
Greek trade deficit widens by 26.9 pct in December
After receding in the previous two months, Greece’s trade deficit rose by 26.9 percent in December, according to the Hellenic Statistical Authority (ELSTAT).
Growth in new car registrations slows to 12.8 pct in Jan
After reaching a historic high of 69.3 percent in December, the growth rate in the number of road motor vehicles (going into circulation for the first time) slowed to 12.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT).
Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
The Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday.
Greek apartment prices down 5.8 pct in Q4 2014
The drop in apartment prices in Greece decelerated for the sixth successive quarter to 5.8 percent in Q4 2014 from 7 percent in Q3, according to the Bank of Greece (BoG).
Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
The interest rate on households’ new time deposits continued heading south for the ninth straight month in December, when it fell by 6 basis points (bps) to 1.82 percent, according to the Bank of Greece (BoG).
Greek Manufacturing PMI down to 48.3 pts in January, reaches 15-month low
After rising in the preceding three months, Greece’s Manufacturing PMI dropped by 1.1 points to 48.3 in January from 49.4 in December, according to Markit.
Parliament's budget office warns government to move quickly
In its latest quarterly report published on Friday, the Parliamentary Budget Office (PBO) urged the new Greek government to move fast in order to reverse the negative climate created by snap elections and the failure of the previous administration to reach an agreement with the troika.
Greek retail turnover index down 1.6 pct in November
The turnover of Greece’s retail trade index fell 1.6 percent in November from an upward revised 0.8 percent increase in October, according to the Hellenic Statistical Agency (ELSTAT).
Greek deposits down 4.2 bln in Dec for highest outflows since June 2012
Greek private sector deposits fell for the third straight month in December, when they declined by 2.4 percent month on month (MoM). Balances reached 160.29 billion euros, according to the Bank of Greece (BoG).
Greek credit contracts by 3.1 pct in December
The rate of contraction in Greek bank credit slightly accelerated to 3.1 percent in December from 3 percent in November, according to the Bank of Greece (BoG). However, this was the second lowest negative reading since November 2011.