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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
Greece’s current account (C/A) deficit widened to 933.4 million in December from 783.8 million a year ago, Bank of Greece (BoG) figures revealed on Monday.
The deterioration is largely attributed to a worsening of the primary and secondary income balances by 214 and 136 million respectively coupled with a slightly higher goods’ deficit by 35 million that more than offset an improvement in the services surp...
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