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Strong VAT, income tax revenue and restrained spending drive strong primary surplus in Sep
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Travel receipts up by 10.5 pct YoY in Aug on back of 7.5 mln arrivals in
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Hiring balance improves by more than 18,000 jobs up to Aug
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Current account deficit improves significantly, reaching 6.62 bln up to Aug
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Industrial turnover continues to slide with 1 pct YoY drop in Aug
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IMF's latest macro and fiscal estimates reflect economic stability
Deposits drop by 4.5 bln in Jan, reversing previous month's marked increase
The net private sector deposit movement in the Greek banking system dropped by 4.5 billion euros in January, reversing December’s impressive rise, when it jumped by 5 billion euros, based on the latest Bank of Greece (BoG) figures released on Tuesday.
December is traditionally a month of solid deposit growth thanks to Christmas bonus payments, the festive season and treasury and cash management by companies as the fiscal year ends.
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