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Greece unveils new batch of cost-of-living measures after robust 2025 fiscal results
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Tourism season starts strongly in Feb with receipts up 70.7 pct in first two months
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Manufacturing drives industrial turnover decline of 4.6 pct YoY in Feb
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Hiring balance stays negative in Jan as new hires drop YoY
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Car sales rise strongly in March, up 6.4 pct YoY in Q1
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Underspend and rising tax revenues push primary surplus to 4.39 bln by March
Greek current account deficit widens by 32.4 pct in November despite services surplus
Greece's current account (C/A) balance remained in negative territory for the second straight month in November, when the deficit widened by 32.4 percent to 997 million euros from 753 million last year, according to the Bank of Greece (BoG).
The higher C/A deficit is mainly attributed to a negative movement of 298 million euros in the current transfers’ balance owed to a decline in general government net receipts from the EU. In contrast, the services’ surplus rose by 128 million, while the...
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