Macroeconomy
Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln
Greece's travel receipts rose by a mere 1 percent year on year (YoY) in December from 30.7 percent in November, according to the Bank of Greece (BoG).
Greek central gov't debt rises to recent high of 181.1 pct at end of Q4 2014
Greece’s central government debt rose by 2.4 billion quarter on quarter (QoQ) to 324.13 billion at the end of the fourth quarter (Q4) of 2014 from 321.73 billion at the end of Q3, according to the Finance Ministry debt bulletin.
Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln
Greece's current account (C/A) balance showed a deficit for the third successive month in December, when it reached 870 million euros, which was more than 3.5 times higher than last year’s figure, according to the Bank of Greece (BoG).
Greek industrial turnover plummets by 8.9 pct in Dec as manufacturing suffers
The Turnover Index in Industry headed south for the second straight month in December but at an accelerating pace of 8.9 percent from 0.7 percent in November, according to the Hellenic Statistical Authority (ELSTAT).
Finance Ministry targets 3 bln from unpaid taxes
During a press briefing on Wednesday to set out the government’s initiatives for the settlement of unpaid tax obligations, Alternate Finance Minister Nadia Valavani provided figures that give a useful insight into outstanding tax debt
Greek CPI falls 2.8 pct in Jan for second largest drop since 2001
The drop in Greek consumer price index (CPI) accelerated for the second straight month to 2.8 percent in January from 2.6 percent in December, according to the Hellenic Statistical Authority (ELSTAT).
Drop in revenues drives Jan central government primary cash deficit to 149 mln
Greece’s central government primary cash balance recorded a deficit of 149 million euros in January 2015 from surplus of 812 million last year, according to the Bank of Greece (BoG).
Building activity suffers larger drop of 30.9 pct in November
The rate of decline in the number of building permits issued accelerated to 30.9 percent in November from 19 percent in October, according to the Hellenic Statistical Authority (ELSTAT).
Greek industrial production drops 3.8 pct in Dec for 10th negative reading of 2014
The Greek Industrial Production Index (IPI) fell by 3.8 percent in December after a short lived rise of 2.5 percent in November, according to the Hellenic Statistical Authority (ELSTAT).
Greek trade deficit widens by 26.9 pct in December
After receding in the previous two months, Greece’s trade deficit rose by 26.9 percent in December, according to the Hellenic Statistical Authority (ELSTAT).