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Building permits drop by 0.7 pct in December; rise 9.2 pct in 2020
EconomyMacroeconomypercent. Greece’s construction sector was damaged across the crisis years as construction projects
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Turnover in tourism drops by 57.6 pct in Q4
EconomyMacroeconomy, Greece’s travel balance came to 778,000 euros in December from 28.6 million a year ago. This is equal
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Loans under credit servicing firms jumps by 19 pct QoQ to 38.9 bln
EconomyBankingThe Bank of Greece’s (BoG) released statistics for the fourth quarter (Q4) of 2020 regarding the operations of Credit Servicing Firms (CSFs) in Greece on Tuesday. BoG said that the data was being provided as part of ongoing efforts to further enhance the information disseminated to the public
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Primary cash balance deficit at 2.72 bln in February
EconomyMacroeconomyGreece’s central government recorded a primary cash balance deficit of 2.72 billion euros in the first two months of the year, according to figures released by the Bank of Greece. The cash balance for the same period last year, excluding bond issuance and the financing of the cash buffer, came
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Travel balance falls by 97.6 pct in January
EconomyMacroeconomyGreece’s travel balance came to 2.4 million euros in January from 54.9 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 97.6 percent year-on-year (YoY). Receipts came to 25.4 million euros for the month, falling by 90.9 percent YoY. Travel payments decreased
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Employment balance positive by 27,233 in Feb; highest since Sept
EconomyMacroeconomyThe employment balance was positive with 27,233 more hirings than people leaving their jobs in February, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, the employment balance improved by 2,366. Perhaps the most notable aspect of the data
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Economic sentiment rises to 96.9 points in March as all sectors improve
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 5 points month-on-month in March to reach 96.9 points, European Commission figures showed on Tuesday. During the month, the Employment Expectations Indicator (EEI) for Greece came to 109.3 points compared to 106.1 points in the previous month. Compared
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Trade deficit falls by 33.2 pct in February
EconomyMacroeconomyGreece’s trade deficit fell by 33.2 percent year-on-year (YoY) in February compared to a drop of 23.2 percent in January, data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday showed. The deficit came to 1.14 billion euros for the month. Imports totalled 4.02 billion euros
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Building permits increase by 6.4 pct in January
EconomyMacroeconomy. Greece’s construction sector was damaged across the crisis years as construction projects came to a halt
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New tax debt at 1.63 bln February, rising by 1.03 bln month-on-month
EconomyMacroeconomywith 647 million euros paid out of 934 million euros due. For the ENFIA tax, February’s collectability
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