PBO sees medium-term risks mounting, despite positive near-term outlook
Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
Energy pushes industrial turnover growth up by 38.9 pct YoY in Jul, as index records rare monthly drop
Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
Property prices rise by 9.4 pct in Q2, close to all-time high
Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
Eurosystem funding falls by 1.9 bln in Dec, down by 60 bln since July 2015
Greek banks’ Eurosystem funding dropped by 1.87 billion euros in December, at a slower pace compared to the decline of 3.3 billion in the previous month, Bank of Greece's (BoG) annual balance sheet revealed on Friday.
Specifically, ELA funding landed at 43.67 billion euros. This is its lowest level since January 2015, when it stood at 5.23 billion before starting a sharp increase peaking to 86.77 billion in June 2015, before the signing of the third bailout programme.
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