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Deposits turn negative in Jan with outflows of 1.40 bln
EconomyMacroeconomyNet deposit movement in the Greek banking system turned negative in January with outflows of 1.40 billion euros compared to positive inflows of 2.54 billion euros in December, Bank of Greece (BoG) figures revealed on Tuesday. The negative headline figur...
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General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus amounted to 1.98 bln in January, up by 621 million compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin. The largest improvement was noted in the extrabu...
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Industrial production falls by 1.7 pct in Jan
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) declined by 1.7 percent in January after December’s growth was revised up to 1.3 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Monday. January’s headline figure is the first time since Janua...
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New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
EconomyMacroeconomyGreece’s new tax debt increased by 766 million euros in January from 1.30 billion in December, data from the Independent Authority of Public Revenues (IAPR) revealed on Wednesday. The headline figure for the month is one of the first time in three month...
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Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
EconomyMacroeconomyGreece’s industrial turnover shot up by 12.7 percent in January, after December’s figure was softened to -1.9 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Thursday. The 12-month trailing index grew by 11 percent. Janua...
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Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
EconomyMacroeconomyGreece’s travel receipts rose by 3.4 percent year-on-year in January, reversing a fall of 76.3 percent in December, Bank of Greece (BoG) data revealed on Monday. Receipts came to 153.1 million euros for the month, down by 3 percent, while payments also ...
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Retail sales rise by 0.7 pct in Jan, volume up by 1.5 pct
EconomyMacroeconomyGreece’s retail sales rose by 0.7 percent year-on-year in January after December’s increase was revised down to 2 percent, according to data published by the Hellenic Statistical Authority (ELSTAT) on Friday. January’s headline figure is the second posi...
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Building activity up by 18 pct in Jan, permits dip below 1,000-mark
EconomyMacroeconomyBuilding permits rose by 18 percent in January compared to a decrease of 6.7 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The data revealed that in the first month of 2018, the absolute number ...
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Unemployment rate at 20.6 pct in Jan, inactive population rises
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 20.6 percent in January, edging slightly down from December’s figure of 20.8 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. In January, a rise of 12,443 people empl...
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Jan economic sentiment at 99.6 as consumer confidence posts best reading since 2009
EconomyMacroeconomyGreece’s economic sentiment (ESI) was down by 1.3 points to 99.6 in January compared to a reading of 100.9 points in December 2018, European Commission (EC) figures revealed on Wednesday. The EC noted that the latest figures follow a new methodology und...
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