Macroeconomy
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.
ELA funding drops by 1.58 bln in Sept for third straight fall
Greek banks’ Eurosystem funding slipped for the third straight month in September, when it fell by 1.58 billion euros, the Bank of Greece's (BoG) monthly financial statement showed on Thursday.
Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance
Greece’s budget execution showed a deterioration in September, with the primary balance recording a deficit of 719 million euros from a surplus up to 1.8 billion in the prior four months, the Finance Ministry's (MoF) preliminary figures showed on Thursday.
General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln
The general government (gg) primary cash surplus widened by 7.4 percent to 2.61 billion euros in the 8-month period of 2015 from 2.43 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Tuesday.
Major fall of 31.6 pct for building activity in July
Greek building permits nosedived by 31.6 percent in July, after rising in the previous five months, Hellenic Statistical Authority (ELSTAT) data displayed on Monday.
CPI falls at accelerating rate of 1.7 pct in Sept
The Greek Consumer Price Index (CPI) dropped at an accelerating pace of 1.7 percent in September from 1.5 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday.