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  1. Adverse weather pushes Jan manufacturing PMI to lowest level for 16 months
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Manufacturing PMI fell by 2.7 points in January after improving by 1 point in the previous month, the Markit survey displayed on Wednesday. The PMI landed at 46.6, which is the lowest reading since September 2015 and stands well below the long-run average of 49.4. The downturn is mostly

    16%
  2. Deposit outflows of 1.5 bln in Jan after seasonally high inflows in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and non-eurozone residents – recorded outflows of 774 million and landed at 139.44 billion in January

    16%
  3. Eurosystem funding drops at sharper pace of 3.6 bln in Jan
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell at an accelerating pace of 3.61 billion euros in January after a drop of 1.87 billion in December, the Bank of Greece's (BoG) monthly financial statement showed on Wednesday. As a result of the decline, Central Bank funding landed at 63.01 billion, which is its

    16%
  4. Stable deposit rate in Jan, slight uptick in loan rate

    EconomyMacroeconomy

    The new time deposit rate for Greek households fell by 1 basis point (bp) for the second straight month and landed at 0.69 percent in January, Bank of Greece (BoG) figures showed on Friday. The January rate is the lowest since 2002, when Greece entered the eurozone. The rate has dropped by 112 bps

    16%
  5. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek building permits increased for the second straight month in January but at the faster pace of 11.1 percent after a rise of 2.1 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The absolute figure of permits landed at 769 in January, mostly due to seasonal

    16%
  6. Budget primary balance at 498 mln in Jan as net revenues fall short of target
    Photo by MacroPolis

    EconomyMacroeconomy

    . Revenues from taxes landed at 4.06 billion euros, above target by a slight 7 million euros. Transfers

    16%
  7. Jan budget execution impacted by unplanned pandemic spending and snowstorm
    Photo by MacroPolis

    EconomyMacroeconomy

    . Overall, the PIB balance landed at a deficit of 664 million euros.

    16%
  8. Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
    Photo by MacroPolis

    EconomyMacroeconomy

    expenditure came to 731 million euros, above target by 261 million euros. Overall, the PIB balance landed

    16%
  9. Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    euros. Overall, the PIB balance landed at a deficit of 1.72 billion euros. RRF intakes up to April were

    16%
  10. Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
    Finance Ministry

    EconomyMacroeconomy

    landed at a deficit of roughly 2 billion euros. Up to May, RRF intakes were 1.72 billion euros and have

    16%