Macroeconomy
Contraction in Greek credit eases slightly to 3 percent in November
The rate of drop in Greek bank credit decelerated for the second straight month in November, falling to 3 percent from 3.2 percent in October, according to the Bank of Greece (BoG).
Greek trade deficit shrinks by 4.4 pct in October on back of strong exports
After a sharp rise by 34.2 percent in September, Greece’s trade deficit narrowed by 4.4 percent in October, according to the Hellenic Statistical Authority (ELSTAT).
Greek travel receipts continued upward course in October, rising by 4.6 pct
Greece's travel receipts advanced for the fifth straight month, albeit at a much slower growth rate, by 4.6 percent to 993 million euros in October, according to the Bank of Greece (BoG).
Greek budget primary surplus at 3.57 bln by end of November, beating target by 691 mln
Greece’s budget execution posted a primary surplus of 3.57 billion euros in the 11-month period, according to the Finance Ministry (MoF) final budget bulletin.
Sharp monthly rise in unpaid taxes to 1.59 bln for November
Greece’s unpaid taxes jumped to 1.59 billion euros in November from 1.22 billion in October, according to data released on Monday by the General Secretariat of Information Systems (GSIS).
Greek current account balance turns negative in October after four month of surpluses
After posting a surplus in the preceding four months, Greece's current account (C/A) balance turned negative in October with a deficit of 199 million euros, according to the Bank of Greece (BoG).
Q3 unemployment falls to 25.5 pct, lowest since 2012, but long-term jobless reach new high
The non-seasonally-adjusted unemployment rate eased again in the third quarter (Q3) of 2014, falling to 25.5 from 26.6 percent in Q2 and 27.2 percent in Q3 2013, according to the Hellenic Statistical Authority (ELSTAT).
Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
The Bank of Greece (BoG) expects GDP to expand by 0.7 percent in 2014 and further by 2.5 percent in 2015, according to the 2014 Interim Monetary Policy report.
Rare rise of 2.1 pct in Q3 for Greek wages index
The seasonally adjusted Wages Index rebounded 2.1 percent in the third quarter (Q3) of 2014 after falling by 0.8 percent in Q2, according to the Hellenic Statistical Authority (ELSTAT).
Greek primary cash surplus up to 2.61 bln at end of November
Greece’s central government primary cash balance showed a surplus of 2.61 billion euros in the 11-month period from deficit of 4 billion in the same period last year, according to the Bank of Greece (BoG).