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BoG sees 4.2% recovery in 2021, re-emphasises need for bad bank
Economy, which the BoG has developed and presented to the Greek government for consideration. BoG says
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Industrial production up by 4.4% in February
EconomyMacroeconomyconfidence has worsened by 10.6 points. In addition, Markit’s PMI for March rose to 51.8 points
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Building permits increase by 6.4 pct in January
EconomyMacroeconomyconfidence has improved by 18.3 points.
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New tax debt at 1.63 bln February, rising by 1.03 bln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 1.03 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 1.63 billion euros, lower than the figure for the same period last year by 2.4 percent. New unpaid obligations from
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Wages index up by 4.5 pct YoY in Q4 2020, rises by 3.1 pct QoQ
EconomyMacroeconomyrose to 120.7 from 112.1 in the previous quarter. Since its peak, the index has declined by a quarter
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Primary cash balance deficit at 3.91 bln in March
EconomyMacroeconomymonths of the current year, the PIB balance has worsened by 1.18 billion euros. The Finance Ministry
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Industrial turnover drops by 2.4 pct in February
EconomyMacroeconomy, industry confidence has worsened by 10.6 points.
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Travel balance falls by 89.3 pct in February
EconomyMacroeconomyGreece’s travel balance came to a surplus of 7.6 million euros in February from 70.7 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 89.3 percent year-on-year (YoY). Receipts came to 23.4 million euros for the month, falling by 89.4 percent YoY. Travel
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S&P upgrades Greece to 'BB' with positive outlook in expectation of post-pandemic upside
Economythe investment gap that Greece has been facing since the decade long debt crisis. The agency expects
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Deposits rose by 1.66 bln in March to highest since 2012
EconomyMacroeconomy-- by 5 million euros -- than the level of September 2014, meaning that the sector has finally
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