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  1. Budget primary surplus of 1.19 bln in Jan markedly better than target
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’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...

    6%

  2. Greek private sector sees net job departures of 9,954 in Jan

    EconomyMacroeconomy

    The 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...

    6%

  3. Drop in CPI accelerates to 0.7 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Following 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 ...

    6%

  4. Primary cash surplus of 386 mln in Jan from deficit last year

    EconomyMacroeconomy

    Greece’s central government primary cash balance displayed a surplus of 386 million euros in January from deficit of 149 million last year, Bank of Greece (BoG) figures showed on Wednesday. A similar pattern was also evident in the net balance of the ce...

    6%

  5. Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million

    EconomyMacroeconomy

    Greek bank credit contraction slightly accelerated to 2.1 percent in January from 2 percent in December, Bank of Greece (BoG) figures displayed on Thursday. The net lending flow turned negative again with deductions of 512 million euros in January, afte...

    6%

  6. Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the seventh successive month, albeit at a slower pace, in January, when it declined by 1.42 billion following a drop of 5.89 billion in December, the Bank of Greece's (BoG) monthly financial statement displayed o...

    6%

  7. Time deposit rate almost flat in Jan, average loan rate falls 12 bps

    EconomyMacroeconomy

    Greek households’ new time deposit rate remained broadly stable for the second straight month in January, when it eased marginally by 1 basis point (bp) to 1.01 percent in January, Bank of Greece (BoG) figures displayed on Wednesday. Since the impositio...

    6%

  8. General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus more than tripled to 1.27 billion euros in January 2016 from 381 million last year, according to the Finance Ministry (MoF) gg bulletin published on Thursday. The notable fiscal performance is largel...

    6%

  9. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    Greece’s budget primary surplus for the first two months of 2016 was confirmed at 3.04 billion euros from 1.24 billion last year, according to Wednesday’s Finance Ministry (MoF) final budget bulletin displayed. The marked fiscal improvement is largely a...

    6%

  10. Unemployment rate resumes upward trend to 24.4 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate edged up to 24.4 percent in January from 24.3 percent in December, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday. The January headline figure represents the second lowe...

    6%