Search
-
Greek current account deficit widens to 847 mln in Jan as exports fall further
EconomyMacroeconomyGreece'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...
3% -
Drop in building permits accelerates to 7.1 pct in Jan
EconomyMacroeconomyThe 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...
3% -
Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012
EconomyMacroeconomyThe 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 ...
3% -
General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomyThe 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...
3% -
Cash primary surplus for Jan-Jul close to 3 bln on improved revenues
EconomyMacroeconomyGreece’s central government primary cash surplus improved by 23.3 percent to 2.99 billion euros in the 7-month period of 2015 from 2.42 billion last year, according to the Bank of Greece (BoG). It should be noted that last year’s figure incorporated one...
3% -
Economic sentiment improves 4 pts in Jan but consumer confidence worsens 2.8 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) improved by another four points in January when it rose to 91.6, European Commission (EC) figures showed on Thursday. The January figure is the highest reading since May 2015. Since the beginning of the Greek crisis, ES...
3% -
Car sales rise by 3.7 pct in Jan
EconomyMacroeconomyThe number of road motor vehicles going into circulation for the first time increased for the third straight month in January, albeit at the slower pace of 3.7 percent in January from 7 percent in December, Hellenic Statistical Authority (ELSTAT) data d...
3% -
Budget primary surplus of 1.19 bln in Jan markedly better than target
EconomyMacroeconomyGreece’s budget primary surplus rose to 1.19 billion euros in January from 443 million last year, the Finance Ministry (MoF) preliminary budget bulletin displayed on Monday. The marked improvement primarily reflects a sharp increase in the Public Invest...
3% -
Greek private sector sees net job departures of 9,954 in Jan
EconomyMacroeconomyThe hirings balance showed net departures of 9,954 in January, up from last year’s figure of 9,273, the Labour Ministry information system (Ergani) data showed on Monday. Ergani was launched in March 2013 and registers in real time the employment flow i...
3% -
Drop in CPI accelerates to 0.7 pct in Jan
EconomyMacroeconomyFollowing a deceleration in the preceding three months, the fall in the Greek Consumer Price Index (CPI) accelerated to 0.7 percent in January from 0.2 percent in December, according to Hellenic Statistical Authority (ELSTAT) data that was published on ...
3%