Macroeconomy
Parliament's budget office rings alarm bell on economic prospects
The Greek economy deteriorated in the first half of 2015 and the country has entered again into a recessionary trajectory, according to the quarterly report of the Parliamentary Budget Office (PBO).
June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
Greek private sector deposit outflows accelerated to 7.58 billion euros in June from 3.86 billion in May, according to the Bank of Greece (BoG).
IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016
Greece is expected to experience a significant recession this year and a milder one next year, while unemployment may edge up this year, according to the latest report on the Greek economy published Foundation for Economic and Industrial Research (IOBE).
Disposable income up by 2.6 pct in Q1 for highest reading since 2009
Greek household disposable income rose for the third successive quarter in Q1 of 2015, when it increased by 2.6 percent, which is faster than the 1.4 percent rise posted in Q4 2014, according to the Hellenic Statistical Authority (ELSTAT).
Travel receipts up 17 pct in May as average expenditure per trip rebounds
Greece's travel receipts continued heading north at a double-digit rate in May, when they rose by 17 percent in May from 16.3 percent in April, according to the Bank of Greece (BoG).
Current account surplus at 407 mln in May - first positive balance since Sept 2014
Greece's current account (C/A) balance showed a surplus of 407 million in May from deficit of 299 million last year, according to the Bank of Greece (BoG).
ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high
Greek banks’ Eurosystem funding rose by 10.17 billion euros in June after increasing by 3.56 billion in May, according to the Bank of Greece's (BoG) monthly financial statement published on Monday.
Sharp drop of 4.2 pct in Greek industrial turnover in May
The drop in Greece’s Turnover Index in Industry accelerated to 4.2 percent in May from a revised 0.8 percent decline in April, according to the Hellenic Statistical Authority (ELSTAT).
Unpaid taxes edge up by 656 mln in June for slowest monthly rise in 2015
Greece’s new unpaid taxes increased by 656 million euros in June compared to 1.03 billion in May, according to data released by the General Secretariat of Information Systems (GSIS).
Cash primary surplus reaches 1.3 bln at end of June on lower expenditure
Greece’s central government primary cash surplus eased by 4.6 percent to to 1.3 billion euros in the first half of 2015 from 1.37 billion last year, according to the Bank of Greece (BoG).