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Despite small drop in July, deposits stay above 200 bln mark
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Consumer and retail confidence deteriorate further in Aug due to cost of living
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Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
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Primary balance up to July confirmed at 7.94 bln due to underspend, tax revenues
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Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
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Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
Greeces’ seasonally adjusted (SA) GDP fell by 0.4 percent quarter on quarter (QoQ) in the fourth quarter (Q4) of 2016, after an upward revised growth of 0.9 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) flash estimates revealed on Tuesday.
Following the Q4 performance, the aggregate figures for the whole year point to a real GDP growth of 0.3 percent, which is exactly the same as the latest European Commission (EC) forecast and slightly below the IMF and the Bank of Greece estimates point...
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