Macroeconomy
Deposit rates stable, avg loan rate below 5 pct for first time since 2002
The interest rate on households’ new time deposits marginally increased by 1 basis point (bp) to 1.81 percent in February from 1.8 percent in January, according to the Bank of Greece (BoG).
Greek PMI edges up in March but exports, factory output fall
Greece’s Manufacturing PMI improved for the second straight month by 0.5 points to 48.9 in March from 48.4 in February, according to Markit.
Retail sales down by 2.6 pct in January for third straight monthly decline
The turnover of Greece’s retail trade index fell for the third successive month in January, when it declined by 2.6 percent from a revised 3.8 percent drop in December, according to the Hellenic Statistical Agency (ELSTAT).
Economic sentiment, consumer confidence edge down in March
Greece’s economic sentiment (ESI) fell by 1.4 points to 96.8 in March from 98.2 in February, according to the European Commission (EC).
Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec
Greek private sector deposit outflows slowed to 7.63 billion in February from a record high of 12.79 billion in January, according to the Bank of Greece (BoG).
Monthly credit flow turns positive in Feb for first time since June 2012
Greek bank credit contraction slowed to 2.5 percent in February from 2.9 percent in January, according to the Bank of Greece (BoG).
Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss target
Greece’s primary surplus for the first two months of the year reached 1.24 billion euros, down 40 percent, according to the Finance Ministry (MoF) final budget bulletin.
Greek travel receipts rise 9.1 pct in January as surplus doubles
Greece's travel receipts rose by 9.1 percent in January, after a modest increase of 1 percent in December, according to the Bank of Greece (BoG).
Drop in industrial turnover continues in January, at faster pace of 16 pct
The Turnover Index in Industry fell for the third successive month in January, at an accelerating pace of 16 percent from 7.7 percent in December, according to the Hellenic Statistical Authority (ELSTAT).
Greek current account deficit widens to 847 mln in Jan as exports fall further
Greece's current account (C/A) deficit widened to 847 million euros in January 2015, more than 2.5 times higher than the previous year, according to the Bank of Greece (BoG).