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  1. Current account deficit more than halves to 708 mln in March

    EconomyMacroeconomy

    in net sea transport receipts by almost 40 percent. Travel receipts grew by 8.3 percent to 220.6.... The nosedive in the services’ surplus by around 44 percent is primarily due to a drop in net transport... reflects lower net interest, dividend, profit and wages payments. Financial account The financial

    9%
  2. Newsletter 110 - 10/03/2017

    Newsletters

    , with net hirings soaring to 24,938 from 14,437 last year, data from the Labour Ministry’s Ergani... in February. The aggregate figures for the two-month period showed net departures of 4,879 this year compared to net hirings of 4,483 in the corresponding period last year. The negative employment

    9%
  3. Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    in the previous week. Corporate news Hellenic Exchanges net profits slumped 76.5 percent to 0.4 million... reduced by 77 percent to 0.6 million. Grivalia Properties net profits grew by 10 percent to 11.7 million... Q1 results showed net losses worsened by 67 percent to 35.8 million, while revenues rose by 3

    9%
  4. Newsletter 121 - 02/06/2017

    Newsletters

    to 600 million euros. When deducting the corresponding VAT, the net proceeds for Greece’s... April 2011. More importantly, the net lending flow stayed positive for the second straight month... reading since June 2012, when net additions stood at 853 million. The positive flow in April

    9%
  5. Newsletter 129 - 28/07/2017

    Newsletters

    , the net lending flow remained negative for the second month in a row, albeit net deductions fell to 205.8 million in June from 395.1 million in the previous month. The negative flow in June reflects net.... Overall, net deductions stood at 620.8 million in the first half of the year, down by 36.6 percent from

    9%
  6. Credit contraction remains at 0.9 pct in December
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyMacroeconomy

    balance falling to 183.97 billion euros from November’s figure of 184.96 billion euros. The net... originate from net deductions of 138 million in the household lending sector, which was countered... to stand at 82.11 billion euros. Credit to insurance corporations also turned positive with a monthly net

    9%
  7. December current account deficit at 1.24 bln on falling services balance
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    . This was mainly caused by lower net travel receipts. In December, while travel receipts rose by 0.8 percent.... Financial account Residents’ net external liabilities increased by 268 million in December. No transactions of note were reported during the month. Portfolio investment showed a net decrease in residents

    9%
  8. Credit contraction at 0.8 pct in January as household, corporate lending falls
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the outstanding balance falling to 182.83 billion euros from December’s figure of 183.97 billion euros. The net... million in the corporate lending sector as well as net deductions of 201 million in the household... the balance to stand at 81.43 billion. In addition, credit to insurance corporations showed a net monthly

    9%
  9. Credit contraction deepens to 1.9 pct in April, balance at 179.13 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    since January 2007 that the balance has dipped below 180 billion euros. The net lending flow dipped... showed a net monthly outflow of 278 million, bringing the balance to 6.53 billion euros. Loans to sole proprietors showed a net increase of 5.8 million euros compared to a net decrease of 12.4 million

    9%
  10. May current account shows surplus of 191.5 million as underlying indicators improve
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of goods came to 7.96 billion in the first five months of the year, which stemmed from a higher net oil.... Financial account Residents’ net external assets rose by 508 million euros during May. The most notable... showed a net increase in residents’ external assets which stems largely from an increase of 248

    9%