Macroeconomy
Eurosystem funding for Greek banks shoots up by 11.2 bln in December
Greek banks’ Eurosystem funding shot up by 11.19 billion to 56.04 billion euros at the end of December from 44.85 billion at the end of November, according to the Bank of Greece's (BoG) annual financial statement.
Industrial turnover dips again in November after upswing in two previous months
After rising in the previous two months, the Turnover Index in Industry fell by 0.7 percent in November from an upward revised 4.6 percent increase in October, according to the Hellenic Statistical Authority (ELSTAT).
Central gov't cash surplus reaches 1.42 bln in 2014 after 1.19 bln deficit in Dec
Greece’s central government primary cash balance posted a surplus of 1.42 billion in 2014 from deficit of 6.72 billion in 2013, according to the Bank of Greece (BoG).
Fall in Greek building activity accelerates to 19 pct in October
Τhe number of building permits issued in Greece fell for the fifth straight month in October, when they declined by 19 percent from 11.2 percent in September, according to the Hellenic Statistical Authority (ELSTAT).
Stronger rise of 4.1 pct for Greek industrial turnover in October
Τhe Turnover Index in Industry increased for the second straight month in October at an accelerating pace of 4.1 percent from an upward revised 2.4 percent drop in September, according to the Hellenic Statistical Authority (ELSTAT).
Greek CPI dives 2.6 pct in December as deflation deepens to 1.3 pct in 2014
The rate of decline in Greek consumer price index (CPI) accelerated to 2.6 percent in December from 1.2 percent in November, according to the Hellenic Statistical Authority (ELSTAT).
Growth in car sales peaks in December with rise of 69.3 pct
Τhe growth rate in the number of road motor vehicles going into circulation for the first time accelerated to 69.3 percent in December from 7.5 percent in November, according to the Hellenic Statistical Authority (ELSTAT).
Greek industrial production on the up again in November, rising by 2.3 pct
The Greek Industrial Production Index (IPI) increased by 2.3 percent in November following a downward revised 0.4 percent drop in October, according to the Hellenic Statistical Authority (ELSTAT).
Greek exports rise by 6.6 pct in November to trim trade deficit
The drop in Greece’s trade deficit accelerated to 10.7 percent in November after easing by 4.4 percent in October, according to the Hellenic Statistical Authority (ELSTAT).
Greek time deposit rate down to 1.88 pct in November, lowest since euro entry
The interest rate on households’ new time deposits dropped by another 6 basis points (bps) to 1.88 percent in November, according to the Bank of Greece (BoG). This is the lowest reading since Greece accessed the euro area in 2002.