Macroeconomy
Parliament Budget Office sees Greece heading for recession on back of uncertainty
The Parliamentary Budget Office (PBO) has highlighted in its quarterly report the dangers for the Greek economy being cause by the current uncertainty.
Greek bank credit contracts by 2.5 pct in March
Greek bank credit contracted by 2.5 percent in March - similar to the reduction in February - according to the Bank of Greece (BoG).
Deposit outflow slows to 2.19 bln in Mar as balances slip to lowest in 10 yrs
Greek private sector deposit outflows slowed to 2.19 billion in March from 7.63 billion in February, according to the Bank of Greece (BoG).
Big falls for economic sentiment and consumer confidence in April
Greece’s economic sentiment (ESI) contracted by 4.1 points to 92.7 in April from 96.8 in March, according to the European Commission.
Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct
Greek household disposable income grew for the second straight quarter by 1.4 percent year on year in the fourth quarter (Q4) of 2014 after an upward revised 1 percent rise in Q3, according to the Hellenic Statistical Authority (ELSTAT).
Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure
Greece’s 3-month budget primary surplus was confirmed at 1.73 billion euros, up 12.4 percent, according to the Finance Ministry (MoF) final budget bulletin published on Friday. Preliminary figures had been released on April 16.
New unpaid taxes rising steadily, reach 3.5 bln in Q1
Greece’s new unpaid taxes slipped to 989 million in March from 1.16 billion in February, according to data released by the General Secretariat of Information Systems (GSIS).
Travel receipts increase 16.2 pct in Feb as arrivals shoot up by 56.2 pct
The growth rate of Greece's travel receipts accelerated to 16.2 percent in February from 9.1 percent in January, according to the Bank of Greece (BoG).
Central gov't cash surplus reaches 1.19 bln in Q1, up 54.3 pct YoY
Greece’s central government primary cash surplus widened by 54.3 percent yer on year (YoY) to 1.19 billion euros in the first quarter (Q1) of 2015 from 771 million last year, according to the Bank of Greece (BoG).
Industrial turnover down by 9.8 pct in Feb for fourth straight fall
The Turnover Index in Industry headed south for the fourth straight month in February but at a decelerating pace of 9.8 percent from a downward revised 15.6 percent in January, according to the Hellenic Statistical Authority (ELSTAT).