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  1. Drop in revenues drives Jan central government primary cash deficit to 149 mln

    EconomyMacroeconomy

    Greece’s central government primary cash balance recorded a deficit of 149 million euros in January 2015 from surplus of 812 million last year, according to the Bank of Greece (BoG). The central government net balance also displayed a deficit of 217 mil...

    8%

  2. Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

    Economy

    Greece’s final budget execution data confirmed preliminary figures released on February 12 and showed the primary surplus halved to 443 million euros in January from 835 million last year. The primary surplus figure for January missed the target of 1.37...

    8%

  3. Greek deposits nosedive by 12.8 bln in Jan as balances reach lowest point since Aug 2005
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek private sector deposits fell for the fourth successive month in January at the accelerating pace of 7.6 percent month on month (MoM), with balances reaching 148.04 billion euros, according to the Bank of Greece (BoG). The January figure is the low...

    8%

  4. Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln

    EconomyMacroeconomy

    Greek bank credit contracted by 2.9 percent year on year (YoY) in January, which is slightly slower than the 3.1 percent recorded in December, according to the Bank of Greece (BoG). The January rate was the first time the contraction fell below the 3-pe...

    8%

  5. Greek banks' Eurosystem funding jumps to 87.4 bln in Jan, ELA at 5.2 bln
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding jumped by 31.44 billion euros month on month (MoM) to 87.48 billion at the end of January from 56.04 billion at the end of December, according to the Bank of Greece's (BoG) monthly financial statement published today. Not...

    8%

  6. Industrial production index inches upward in Jan following largely negative trend

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) marginally rose by 0.1 percent in January after a downward revised 3.2 percent drop in December, according to the Hellenic Statistical Authority (ELSTAT). This was the first positive reading since November and...

    8%

  7. Greek current account deficit widens to 847 mln in Jan as exports fall further
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's current account (C/A) deficit widened to 847 million euros in January 2015, more than 2.5 times higher than the previous year, according to the Bank of Greece (BoG). The negative movement by 511 million euros year on year (YoY) reflects deterio...

    8%

  8. Drop in building permits accelerates to 7.1 pct in Jan

    EconomyMacroeconomy

    The drop in Greek building permits slightly accelerated to 7.1 percent in January from 6.4 percent in December, according to the Hellenic Statistical Authority (ELSTAT). The January figure is the eighth straight monthly negative reading for the month an...

    8%

  9. Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012

    EconomyMacroeconomy

    The seasonally adjusted (SA) unemployment rate fell to 25.7 percent in January from a downward revised 25.9 percent in December, according to the Hellenic Statistical Agency (ELSTAT). December’s figure is the lowest reading since August 2012. A similar ...

    8%

  10. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    The general government (gg) primary cash balance showed the surplus shrinking by more than two thirds year on year (YoY), landing at 1.02 billion euros in the first two months of 2015 from 3.17 billion in the corresponding period last year, according to...

    8%