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Tourism shrinks June current account deficit, but goods deficit shoots up in H1
EconomyMacroeconomyeuros. According to the BoG, the current account deficit fell year‑on‑year due to an improvement... in the same month last year. Total imports came to 8.28 billion euros, from 5.41 billion last year... million euros last year. The balance of goods excluding oil and ships was 2.13 billion euros in deficit
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Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
EconomyMacroeconomymillion euros. According to the BoG, the current account surplus almost doubled year-on-year... billion euros, compared to a deficit of 2.23 billion euros in the same month last year. Total imports came to 7.98 billion euros, from 5.7 billion last year. At the same time, total exports came
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Tailor-made Maastricht criteria for Greece?
Agora, in principle. They called for the deficit of a member state to remain below 3 percent of GDP a year... of the general government debt to nominal GDP. The stock of debt grows each year with the deficit (shrinks with a surplus). Nominal GDP grows each year with the nominal growth rate. Governments aim
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Travel receipts almost double, but current account deficit rises by 78 pct in 9M
EconomyMacroeconomya deficit of 446.3 million euros. According to the BoG, the current account deficit increased year on year, due to a deterioration in the balance of goods, which was partly offset by an improvement... billion euros in the same month last year. Total imports came to 8.32 billion euros, from 5.98 billion
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Newsletter 363 - 16/12/2022
that the government is trying to share on the path to next year’s elections. When Finance Minister Christos... to send ND into opposition so a progressive government could be formed next year. Mistotakis said... Androulakis became its leader last year are ideologically closer to ND than they are to SYRIZA
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Oct current account deficit widens to 2.7 bln - worst since 2008
EconomyMacroeconomyposted a deficit of 735.7 million euros. According to the BoG, the current account deficit increased year on year mainly due to a deterioration in the balance of goods and, to a lesser extent... to a deficit of 2.5 billion euros in the same month last year. Total imports came to 8.75 billion euros
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Newsletter 366 - 20/01/2023
of democracy in Greece ahead of this year’s elections. There are also suggestions from... first survey of the year for Alpha TV, Alco indicated that support for New Democracy has edged back... that it can regain a majority this year, even if two votes are needed.EconomyImpact of high interest
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Newsletter 367 - 27/01/2023
at the end of last year, all of which had been dismissed by the government as groundless allegations... that Mitsotakis would announce another handout on the road to this year’s elections, or might even... inflation to fall this year, claiming that consumers have seen the worst of the cost-of-living crisis
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Newsletter 376 - 31/03/2023
in the calculations being made by markets and rating agencies earlier in the year. Analysts put... last year. On the fiscal front, with the exception of the pandemic that had an impact across... with exceptional circumstances. Despite the two polls that will split the year in half over the coming
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Hiring balance up to August improves by 43,573 jobs YoY
EconomyMacroeconomylast year saw -32,966 more departures, suggesting a year-on-year improvement of 17,140 jobs. Total... are up by 5,079 year-on-year, while voluntary exits were down by 4,322. Hires were up by 17,897 jobs compared to August last year, while departures are also up by just 757. The proportion of hirings
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