Macroeconomy
Parliament's budget office sees risks and rewards in third bailout
The elimination of uncertainty related to economic policy and the implementation of reforms and privatisations is a key condition for faster and sustainable economic recovery, the quarterly report of the Parliamentary Budget Office (PBO) stresses.
Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions
Bank credit contraction slightly decelerated to 1.5 percent in September from 1.6 percent in August, Bank of Greece (BoG) figures displayed on Tuesday.
Banking system showed deposit inflows for second straight month, at 531 mln in Sept
Greek private sector deposit flow remained positive for the second successive month with inflows at 531 million in September 2015 from 449 million in August, Bank of Greece (BoG) data displayed on Tuesday.
Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes
After rising in the preceding three quarters, Greek household disposable income fell by 1.6 percent in the second quarter (Q2) of 2015, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip
Greece's travel receipts rose by 7.3 percent in August, more than double the previous month’s rate of 3.5 percent, Bank of Greece (BoG) figures indicated on Thursday.
Updated ELSTAT figures point to minor differences on fiscal data, slight rise in debt ratio
In its second notification on fiscal data, the Hellenic Statistical Authority broadly confirmed the fiscal and debt figures for the 2011 – 2014 period with those disclosed last April.
Current account balance shows a surplus for third straight month, at 2.09 bln in August
Greece's current account (C/A) balance displayed a surplus of 2.09 billion in August 2015, up by 12.5 percent from last year’s figure, Bank of Greece (BoG) data showed on Wednesday. This year’s figure indicates a C/A surplus for the third straight month.
Credit standards for corporate loans tightened again in Q3
Credit standards for corporate loans tightened quarter on quarter (QoQ) for the second successive quarter, Bank of Greece (BoG) bank lending survey (BLS) data showed for the third quarter (Q3) of 2015.
Industrial turnover dives 18.3 pct in Aug for highest drop in almost 5 years
Greece’s Turnover Index in Industry continued heading south for the tenth successive month in August, when it fell at an accelerating pace of 18.3 percent from 15.4 percent in July, Hellenic Statistical Authority (ELSTAT) data displayed on Tuesday.
Cash primary surplus contracts 2.9 pct to 2.68 bln on weak revenues in Sept
Greece’s central government primary cash surplus eased by 2.9 percent to 2.68 billion euros in the first 9 months of 2015 from 2.76 billion last year, Bank of Greece (BoG) figures showed on Monday.