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Greek current account balance turns negative in October after four month of surpluses
EconomyMacroeconomyto a widening of the services surplus by 199 million and the improvement in the current transfers’ balance... previous months, the rise in the services’ surplus mainly reflects a double-digit improvement in the transport (sea and air) and other services balance. In contrast, the growth of travel receipts slowed
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Greek current account deficit widens by 27.4 pct in Feb
EconomyMacroeconomyand to a lesser extent from the weakening of the services and secondary income balances by 112 and 87... the impact of oil and ships the goods’ deficit showed a small rise. The drop in the services’ surplus by 18.2 percent YoY primarily reflects lower net receipts from construction services
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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomythan offsetting a decline in the services’ balance by 142 million. In addition, the secondary income... billion respectively. The services’ surplus dropped by 3.9 percent primarily due to lower net transport and other services receipts. In contrast, travel receipts improved by 7.3 percent to 3.4 billion
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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomyof the crisis. Between 2009 and 2017, exports of goods and services rose from 19 percent of GDP to 33.2... be pinpointed to a much slower level of export growth for the Greek services sector. Internal factors... such as growing competition are the drivers behind low exports of services, particularly regarding
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Newsletter 218 -06/09/2019
to the corresponding quarter last year, private consumption decreased by 0.7 percent. Imports of goods and services showed a YoY rise of 3.7 percent, while exports of goods and services increased by 5.4 percent. Compared to the same quarter in 2018, imports of goods increased by 3.9 percent and imports of services
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Newsletter 231 -06/12/2019
of goods and services. Imports of goods and services showed a YoY drop of 2.9 percent. Final..., exports of goods increased by 6.2 percent, and exports of services increased by 14.5 percent while imports of goods decreased by 2.9 percent and imports of services rose by 8.6 percent. 2 GDP rises by 0.6
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Newsletter 262 -04/09/2020
and services dropped by 32.1 percent YoY, while imports of goods and services declined by 17.2... and services showed that compared to Q2 2019, exports of goods fell by 15.4 percent, and exports of services fell by 49.4 percent. Breaking down the components of imports in Q2, imports of goods
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Many obstacles to clear in Greece's digital leap
EconomyFeaturescurrently ranks bottom of the EU in the DESI index for the provision and use of digital public services. For example, fewer than 4 in 10 Greek internet users regularly access e-government services compared... of electronic public services for businesses compared to the EU average of 88. The European Commission’s
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EIB investment survey points to diminished investment appetite
EconomyFeatureson their services and product portfolios. Impact was also expected on supply chains (35 percent) and the increased... firms (18 percent) and services firms (21 percent). Seven in ten firms in Greece say they invested... percent in 2019. Looking ahead to the next three years, developing new products or services is the most
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GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4
EconomyMacroeconomyin Q4 was largely driven by a 31.8 percent increase in exports of goods and services and a 3.6 percent... and services showed that compared to Q3, exports of goods rose 4.9 percent while exports of services... of services plunged 55.4 percent. Τhe latest figures from the Bank of Greece for December showed that travel
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