Macroeconomy
Parliament's budget office highlights economic challenges beyond bailout
The economic challenges that Greece faces should it conclude the first bailout review with the institutions are outlined in the latest quarterly report of the Parliamentary Budget Office (PBO).
Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees
Greek household disposable income recorded a rise of 0.2 percent in the fourth quarter (Q4) of 2015 from a revised drop of 2.8 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.
Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
Greece’s budget primary surplus in the first quarter of 2016 was confirmed at 2.67 billion euros, which was 940 million higher than last year’s figure of 1.73 billion, according to the Finance Ministry’s final budget bulletin.
Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
Greece's travel receipts fell for the second straight month in February, when they declined by 3.8 percent to 133.7 million euros in February, Bank of Greece (BoG) figures showed on Thursday.
Primary cash surplus widens to 2.85 bln in Q1
Greece’s central government primary cash balance improved to 2.85 billion euros in the first quarter (Q1) of 2016 from 1.19 billion last year, Bank of Greece (BoG) figures showed on Wednesday.
Current account deficit narrows by 45 pct to 804.3 mln in Feb
Greece's current account (C/A) deficit narrowed by almost 45 percent to 804.3 million euros in February from 1.45 billion a year ago, Bank of Greece (BoG) figures showed on Wednesday.
Industrial turnover dives 15.1 pct in Feb on sharp drop in energy turnover
Greece’s Turnover Index in Industry sank by 15.1 percent in February, from an upward revised 13.8 percent drop in January, Hellenic Statistical Authority (ELSTAT) figures displayed on Tuesday.
Budget primary surplus of 2.68 bln in first quarter, but March trims outperformance
Greece’s budget primary surplus climbed to 2.68 billion in the first quarter of 2016 from 1.73 billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday.
Eurosystem funding drops by another 2.8 bln to 101.4 bln in March
Greek banks’ Eurosystem funding fell for the ninth successive month in March at an accelerating pace of 2.78 billion euros after dropping by 1.86 billion in February, Bank of Greece's (BoG) monthly financial statement showed on Wednesday.
Greek tax wedge remained far above OECD average in 2015
The tax wedge in Greece remained well above the OECD average in 2015, according to the OECD Taxing Wages 2016 report released on Tuesday.