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  1. Travel balance falls by 45.6 pct in Dec but rises by 9.6 pct in 2018 as visitors top 30 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance fell by 45.6 percent in December following a rise of 73.5 percent in November, Bank of Greece (BoG) data has shown. Receipts came to 265.8 million euros for the month, increasing by 40 percent year-on-year (YoY). Travel payments ...

    7%

  2. Eurosystem funding falls by 1.16 bln in Dec, banknotes increase for fifth month

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding declined by 1.16 billion euros month-on-month (MoM) in December, the Bank of Greece's (BoG) final financial statement for 2018 has revealed. As of December, the total for central bank funding comes to 11.07 billion versus...

    7%

  3. Unemployment rate falls to 18 pct in Dec, lowest since July 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate continued its downward path in December and came to 18 percent after a slightly downward revised 18.3 percent in November, from 18.5 percent previously, Hellenic Statistical Authority’s (ELSTAT) data s...

    7%

  4. Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits decreased by 7.5 percent year-on-year (YoY) in December, dropping from a rise of 18 percent noted in November, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed. The latest monthly headline figure interrupts eight ...

    7%

  5. Economic sentiment rises to 109.5 in Dec, hitting 12-year high
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) rose by 2.5 points in December to reach 109.5 points, European Commission (EC) figures showed on Wednesday. The current month’s reading is the highest since October 2007, when the index came to 110.3 points. Compared to...

    7%

  6. Car sales jump by 21 pct in Dec as 2019 closes with 12.8 pct rise
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time jumped by 21 percent year-on-year (YoY) in December, following a solid rise of 12.5 percent in November, according to data released by Hellenic Statistical Authority (ELSTAT) released on Tues...

    7%

  7. Budget primary surplus at 4.96 bln in Dec, beating annual target

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 4.96 billion euros across the twelve months of 2019, compared to a surplus of 91 million noted in December 2018, the preliminary Finance Ministry (MoF) budget execution bulletin showed on Wednesday. The p...

    7%

  8. Budget primary surplus confirmed at 5.02 bln in Dec
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 5.02 billion euros across the twelve months of 2019, compared to a surplus of 91 million noted in December 2018, the final Finance Ministry (MoF) budget execution bulletin showed on Monday. The pr...

    7%

  9. General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus came to 9.45 billion euros across 2019, up by 3.73 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories,...

    7%

  10. New tax​ debt at 8.02 bln to Dec, down by 26.7 pct versus 2018

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt jumped by 1.06 billion euros in December, data from the Independent Authority of Public Revenues (IAPR) has shown. Across 2019, new tax debt totalled 8.02 billion, lower than the figure for the same perio...

    7%