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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
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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