Economy
Primary cash surplus of 386 mln in Jan from deficit last year
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.
Greek private sector sees net job departures of 9,954 in Jan
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.
HFSF Q3 report shows 23 bln valuation losses in Greek banks
The Hellenic Financial Stability Fund (HFSF) 9-month financial statements revealed that the fund’s equity nosedived to 4.69 billion euros at the end of September from 24.51 billion at the end of 2014.
Greek stocks reverse recent downward trend with 7.5 pct rise on Monday
Following a decline of 17.8 percent in the preceding two weeks, the Greek stock market soared 7.5 percent on Monday mostly led by banks largely in technical reaction also fuelled by a turnaround in the European markets.
Budget primary surplus of 1.19 bln in Jan markedly better than target
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
Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015
Greek apartment prices decreased by 5.4 percent in the fourth quarter (Q4) of 2015, at a slightly decelerating pace compared to the revised 5.8 percent drop in Q3, Bank of Greece (BoG) data displayed on Monday.
Clock ticks on bailout review but big gaps remain between Greece, lenders
The date of the mission chiefs’ return to Athens is still unknown but intensive work continues at the technical level on Greece’s first programme review.
Greek stocks nosedive 9.8 pct over week amid bank sell-off
Despite a rebound by 3 percent on Friday, the Greek equity market tumbled 9.8 percent for the second straight week amid continued turbulence in the global markets and increasing domestic uncertainty that mostly hit the banking sector.
Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
The Greek seasonally adjusted (SA) GDP at constant prices fell quarter on quarter (QoQ) by 0.6 percent in the fourth quarter (Q4) of 2015 at a decelerating pace compared to the downward revised 1.4 percent drop in Q3, the Hellenic Statistical Authority (ELSTAT) flash estimates showed on Friday.
Building activity rebounds 7.2 pct in November
After falling in the preceding four months, Greek building permits rebounded 7.2 percent in November, Hellenic Statistical Authority (ELSTAT) figures displayed on Friday.