Macroeconomy
Sharp monthly rise in unpaid taxes to 1.59 bln for November
Greece’s unpaid taxes jumped to 1.59 billion euros in November from 1.22 billion in October, according to data released on Monday by the General Secretariat of Information Systems (GSIS).
Greek current account balance turns negative in October after four month of surpluses
After posting a surplus in the preceding four months, Greece's current account (C/A) balance turned negative in October with a deficit of 199 million euros, according to the Bank of Greece (BoG).
Q3 unemployment falls to 25.5 pct, lowest since 2012, but long-term jobless reach new high
The non-seasonally-adjusted unemployment rate eased again in the third quarter (Q3) of 2014, falling to 25.5 from 26.6 percent in Q2 and 27.2 percent in Q3 2013, according to the Hellenic Statistical Authority (ELSTAT).
Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
The Bank of Greece (BoG) expects GDP to expand by 0.7 percent in 2014 and further by 2.5 percent in 2015, according to the 2014 Interim Monetary Policy report.
Rare rise of 2.1 pct in Q3 for Greek wages index
The seasonally adjusted Wages Index rebounded 2.1 percent in the third quarter (Q3) of 2014 after falling by 0.8 percent in Q2, according to the Hellenic Statistical Authority (ELSTAT).
Greek primary cash surplus up to 2.61 bln at end of November
Greece’s central government primary cash balance showed a surplus of 2.61 billion euros in the 11-month period from deficit of 4 billion in the same period last year, according to the Bank of Greece (BoG).
Almost all services in Greece saw decline in Q3
The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT).
Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
Greece’s budget execution showed the primary surplus widening by 879 million euros to 3.53 billion in the 11-month period from 2.65 billion in the 10-month, according to the Finance Ministry (MoF) preliminary budget bulletin.
Building activity down again in September but at slower rate of -11.2 pct
Τhe number of building permits issued in Greece continued to drop in September, albeit at the slower pace of -11.2 percent compared to -19.9 percent in August, according to the Hellenic Statistical Authority (ELSTAT).
Greek unemployment falls for seventh straight month, down to 25.7 pct
The seasonally adjusted (SA) unemployment rate declined for the seventh straight month in September, when it fell to 25.7 in September from an upward revised 26 percent in August, according to the Hellenic Statistical Agency (ELSTAT).