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January current account deficit at 585.8 mln as goods balance worsens
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit of 585.8 million in January, improving... by 246 million euros year-on-year. According to the BoG, this was driven by a worsening balance of goods, where the deficit worsened by 430 million to 1.89 billion euros. The services balance also showed
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Current account deficit drops in April on improved goods and services balance
EconomyMacroeconomy. The deficit for the balance of goods eased by 98.7 million euros to stand at 1.72 billion euros. The services balance improved to a surplus of 642.7 million from 570 million a year ago, representing a rise of 12.7 percent YoY. The travel balance stood at a surplus of 200.3 million, declining by 4.1
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End of freeze on layoffs coincides with worst ever hirings balance in Nov
EconomyMacroeconomyGreece’s employment balance remained deep in the red in November with 79,129 more departures than... information system. The balance in November last year was negative by 29,933, suggesting a drop of 49,196 job... balance for November on record. This suggests that as a freeze on layoffs came to an end, firms
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Jan current account in surplus, trade balance worsens as exports drop again
EconomyMacroeconomybillion euros in December, Bank of Greece (BoG) data showed on Friday. In January 2023, the balance... to an improvement in the secondary income account and, to a lesser extent, in the balance of services, while the balance of goods and the primary income account deteriorated. The surplus of the secondary
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Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates
EconomyMacroeconomy, the balance showed a deficit of 1.34 billion euros. The Bank of Greece notes that this is mainly due to a deterioration in the balance of goods and the primary and secondary income accounts, while the balance of services improved. The deficit for the balance of goods came to 3.1 billion euros in February
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Current account balance continues to deteriorate as deficit up to May exceeds 9 bln
EconomyMacroeconomyin April, Bank of Greece (BoG) data showed on Monday. In May 2023, the balance showed a deficit of 1.63 billion euros. The Bank of Greece notes that this is mainly due to a deterioration in the balance... the balance of services improved. The deficit for the balance of goods came to 3.45 billion euros
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Significantly improved oil balance pushes current account to 196.5 mln surplus in May
EconomyMacroeconomybillion euros in April, Bank of Greece (BoG) data released on Monday showed. In May 2024, the balance showed a deficit of 2.32 billion euros. The Bank of Greece notes that this is mainly in the balance... the services surplus declined. The deficit for the balance of goods came to 2.36 billion euros in May, from
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Hiring balance improves by more than 18,000 jobs up to Aug
EconomyMacroeconomyGreece’s employment balance was negative in August with 2,542 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last... balance in the 45 to 64-year-olds with 9,591 more jobs. The largest negative balance was in the 15-24
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Hiring balance turns negative in Sep on as tourism season winds down
EconomyMacroeconomyGreece’s employment balance was negative in September with 9,196 more departures than hires, according to data from the Labour Ministry’s ERGANI information system. The hiring balance in September..., with the biggest positive balance in the 30 to 44-year-olds with 16,757 more jobs. The largest negative balance
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Employment balance turns negative by 125,668 in October
EconomyMacroeconomyThe employment balance turned negative in October with 125,668 more firings than hirings, data from... a negative hirings balance during the month. The highest negative balance was seen in those aged 45-64 years... with a negative balance of 41,957, and those aged 15-24 with a negative balance of 20,636. Broken down
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