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  1. Curr​ent account balance shows surplus of 1.87 bln in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . In the same period last year, the balance came to a surplus of 1.35 billion euros, showing an increase of 38.4 percent year-on-year (YoY). According to the BoG, this was driven by an improvement primarily... of 4.51 billion from 3.97 billion a year ago, representing a rise of 13.7 percent YoY. The travel balance

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  2. Sept budget primary surplus confirmed at 4.47 bln, well above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Compared to the same month last year when the figure stood at a surplus of 1.40 billion euros... in the first nine months of the year recorded a deficit of 119 million euros compared to a deficit of 1.46 billion euros seen in the aggregate period last year. For the current aggregate period, the budget

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  3. Newsletter 226 -01/11/2019

    Newsletters

    Kyriakos Mitsotakis has accepted the 3.5 percent of GDP goal for this year and 2020, he wants to convince... and had servicing costs of 162 million euros last year. The positive developments regarding Greece's borrowing costs this year brought this figure down to just 53 million euros, as of August. A new survey

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  4. Current account shows surplus of 886.6 bln in September, aggregate figure almost balanced
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . In the same period last year, the balance came to a surplus of 548.1 million euros, showing an increase of 61.8 percent year-on-year (YoY). According to the BoG, this was driven by an improvement.... The services balance improved to a surplus of 3.12 billion from 2.82 billion a year ago, representing

    1%
  5. Budget primary surplus at 6.95 bln in Nov as expenditure drops

    EconomyMacroeconomy

    . Compared to the same month last year when the figure stood at a surplus of 943 million euros... in the first 11 months of the year recorded a surplus of 1.92 billion euros compared to a surplus of 250 million euros seen in the aggregate period last year. For the current aggregate period, the budget

    1%
  6. Unemployment edges down to 16.8 pct in September
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    on Friday. For the same time last year, the unemployment rate came to 18.8 percent. September’s reading... decreased by 1,329 people compared to August. Year-on-year, the figure for those employed increased... rate among women fell by 2.9 percentage points (pps) year-on-year and came to 20.8 percent

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  7. Unemployment edges down to 16.6 pct in October
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    time last year, the unemployment rate came to 18.5 percent. The current month’s reading is the lowest... people compared to September. Year-on-year, the figure for those employed increased by 65,570... among women fell by 3.2 percentage points (pps) year-on-year and came to 20.2 percent. This figure has

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  8. Unemployment continues decrease in Nov, falling to 16.5 pct

    EconomyMacroeconomy

    last year, the unemployment rate came to 18.6 percent. The current month’s reading is the lowest... by 6,990 people compared to October. Year-on-year, the figure for those employed increased by 76,463... among women fell by 3.9 percentage points (pps) year-on-year and came to 20 percent. The unemployment

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  9. Unemployment continued downward course in Feb, falling to 16.1 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    on Thursday. For the same time last year, the unemployment rate came to 18.4 percent. The reading... decreased by 28,467 people compared to January. Year-on-year, the figure for those employed increased.... The unemployment rate among women fell by 3.1 percentage points (pps) year-on-year and came

    1%
  10. Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the first four months of the year according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year showed a surplus of 1.18 billion euros. The overall cash balance... months of the year showed that revenues fell by 1.56 billion euros to 13.06 billion euros against last

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