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Trade deficit narrows further in Nov, at 28.46 bln in 11M
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 28.6 percent year-on-year (YoY) in November, after a decline of 32 percent in October, according to data released by ELSTAT on Tuesday. The deficit came to 2.66 billion euros for November. Imports totalled 6.95 ...
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Nov current account deficit widens to 3.3 bln, 11M falls below 12 bln
EconomyMacroeconomyGreece’s current account recorded a deficit of 3.3 billion euros in November, from a deficit of 1.45 billion euros in October, Bank of Greece (BoG) data showed on Friday. In November 2022, the balance showed a deficit of 3.91 billion euros, while in Nov...
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Trade deficit jumps 18.7 pct YoY in Nov, 11M deficit at 31.51 bln
EconomyMacroeconomyGreece’s trade deficit rose sharply by 18.7 percent year-on-year (YoY) in November, after a rise of 11.5 percent in October, according to data released by ELSTAT on Thursday. The deficit came to 3.18 billion euros for November. Imports totalled 7.21 bil...
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Despite lower spend per trip, record arrivals push travel balance to 18.77 bln in 11M
EconomyMacroeconomyGreece's travel balance recorded a surplus of 419.9 million euros in November, compared to 1.94 billion euros in October, according to data released by the Bank of Greece (BoG) on Tuesday. The November balance was 82.7 percent higher than the 229.9 mill...
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Building activity rises by 6.4 pct YoY in Nov, up 14.9 pct in 11M
EconomyMacroeconomyBuilding activity remained in growth in November, with an increase of 6.4 percent year-on-year (YoY), after a rise of 5.9 percent in October, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday. The total number of pe...
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Nov data confirms record-breaking year for tourism as 11M receipts reach 23 bln, up 8.9 pct
EconomyMacroeconomyGreece's travel balance recorded a surplus of 505.2 million euros in November, compared to 1.99 billion euros in October, according to data released by the Bank of Greece (BoG) on Wednesday. The November balance was 34.8 percent higher than the 374.8 mi...
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Newsletter 141
to appear in the Greek economy this year, though they are fragile. Tourism, one of the main pillars... by strong services balance growth as travel receipts continue to increase Travel receipts rose by 15.5... euros year-on-year and was driven by a 350 million rise in the services balance, and by the deficit
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Multiple facets of inequality in Greece: a decade of divergence between data and daily life
Societygrowing crisis Long-term care (LTC) is one of the weakest pillars of the Greek welfare state... to essential services compound one another. Income unequal Although the Gini index has edged downward... and access to services. The post‑2018 recovery illustrates this dynamic clearly. Working households saw
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Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgrammefiscal stability is based on two pillars: strict control and allocation of expenditure... reflecting higher purchases for goods and services, social benefits (mostly due to the introduction... is seen down by 1.8 percent on the back of lower purchases of goods and services as well as social
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legalmeasures that are, schematically, based on four pillars: i) measures to prevent the spread... to consumers for cancelled services or tickets not reimbursed by the concerned operators. The 2020 Temporary... and expert legal advice as well as tailor-made legal services, proactive guidance and practical
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