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Athens ticking off prior actions one by one as EU keeps close watch
PoliticsGreek Politicsreleased data that suggested the average annual income declared by Greek farmers is around 2,500
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Trade deficit falls by markedly accelerating pace of 24.2 pct in Sept
EconomyMacroeconomyThe drop in Greece’s trade deficit accelerated to 24.2 percent in September from 8.8 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The September rate is the seventh negative reading and the third biggest decline in the course of this year so far. In absolute
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Industrial production up by 2.8 pct in Sept for second straight raise
EconomyMacroeconomyGreek Industrial Production Index (IPI) grew for the second straight month but at the slower pace of 2.8 percent in September from a downward revised 4.1 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The September headline figure indicates the fifth positive
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CPI drops at decelerating pace of 0.9 pct in Oct
EconomyMacroeconomyThe decline in the Greek Consumer Price Index (CPI) markedly decelerated to 0.9 percent in October from the 1.7 percent drop posted in September, Hellenic Statistical Authority (ELSTAT) data displayed on Tuesday. The October headline figure is the lowest negative reading since September 2014
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Greek economy surprises in Q3, eases by a marginal 0.5 pct
EconomyMacroeconomyinto account the September data for balance of payments and the quarterly figures for unemployment
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Eurosystem funding down by 2 bln in Oct for fourth straight fall
EconomyMacroeconomyyear to date. BoG data also displayed that banknotes in circulation eased for the second successive
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Industrial turnover falls by 14.7 pct in Sept for eleventh straight drop
EconomyMacroeconomyGreece’s Turnover Index fell at a slightly decelerating pace of 14.7 percent in September from a revised 18.1 percent drop in August, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The September headline figure indicates the eleventh successive negative and the fourth straight
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Current account surplus widens to 838 mln in Sept on shrinking goods deficit
EconomyMacroeconomyGreece's current account (C/A) surplus widened by 37.4 percent to 837.5 million euros in September 2015 from 609.8 million last year, Bank of Greece (BoG) data displayed on Friday. This means the current account balance was in surplus for the fourth successive month. The year on year (YoY
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Apartment prices fall at an accelerating pace of 6.1 pct in Q3
EconomyMacroeconomyGreek apartment prices fell by 6.1 percent in the third quarter (Q3) of 2015, at an accelerating pace compared to the downward revised 5 percent drop recorded in Q2, Bank of Greece (BoG) data showed on Wednesday. The performance in Q3 indicates housing prices are decreasing unabated for the 26th
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Deposit flow turns negative with outflows of 681 mln in Oct
EconomyMacroeconomyGreek private sector deposit flow turned negative, with outflows of 681 million euros in October after the upward revised inflows of 561 million recorded in September, Bank of Greece (BoG) data showed on Thursday. This is the first negative reading since July after cumulative inflows of 1.01
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