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OECD report traces change in public spending over a decade
EconomyFeatureson general government services. This was followed by health (-0.8 percent), economic affairs (-0.6... as of 2018. Judicial services The timeliness of judicial services has long been an issue raised when
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October budget primary surplus confirmed at 5.74 bln
EconomyMacroeconomy), other taxes on services by 65 million (+4.2 percent) and corporate income tax by 22 million (+0.7... million euros (-0.3 percent), VAT on other goods and services by 26 million (-0.2 percent) and sales of goods and services by 19 million (-1.2 percent). Tax refunds came to 3.93 billion euros
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Current account posts deficit of 1.39 bln in November
EconomyMacroeconomy. The deficit for the balance of goods was almost unchanged YoY and came to 1.68 billion. The services... billion in November 2018. BoG said that this reflects an improvement in the surplus of the services... increased by 0.6 percent to 50.89 billion. The aggregate services surplus rose to 20.59 billion, a rise
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Current account deficit more than halves to 2.57 bln in 2019
EconomyMacroeconomyfor the balance of goods came to 1.63 billion euros, down by 10.7 percent year-on-year (YoY). The services... that this reflects an increase in the surplus of the services balance and the secondary income account... percent to 55.27 billion. The aggregate services surplus rose to 21.10 billion, a rise of 9.3 percent
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Greek hotel industry reports COVID-19 related losses of half a billion to date
EconomyFeaturesbillion euros. Employment would drop by 26,403 and the goods and services deficit would be impacted... services. Under the hypothetical scenario of an 8 percent drop in tourism revenues, which the CPER said...), employment by 0.88 pps and the goods and services deficit would rise by 56.4 pps. KEPE noted
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Current account shows deficit of 1.14 bln in February
EconomyMacroeconomyattributable to a deterioration in the goods and services balance and the primary income account... year-on-year (YoY). The services balance fell by 81.9 million YoY to stand at 389.8 million euros... billion. The aggregate services surplus fell to 773.3 million, a decline of 17.2 percent. The travel
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Newsletter 248 -24/04/2020
found to rank low among EU countries in terms of the provision of digital public services. In particular... of digital public services for businesses compared to 89/100 in the EU. In order for Greece to develop..., February’s performance is primarily attributable to a deterioration in the goods and services balance
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economydown the overall demand for services exports. Exports of goods and services are seen dropping by 21.4... pct, gross fixed capital formation to decline by 4.6 pct and exports of goods and services to drop
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Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
EconomyMacroeconomyhand, the surplus of the services balance declined. The deficit for the balance of goods came to 1.80 billion euros, declining by 15.1 percent year-on-year (YoY). The services balance fell by 207... percent to 13.25 billion. The aggregate services surplus fell to 1.13 billion, a decline of 24.6
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Current account shows deficit of 1.42 bln in June, driven by slashed tourism revenues
EconomyMacroeconomya deterioration in the travel balance and the services balance overall, which was partly offset...-on-year (YoY). The services balance plunged by 89.3 percent YoY to stand at 302.1 million euros.... Imports decreased by 15.7 percent to 23.45 billion. The aggregate services surplus fell to 2.16 billion
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