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  1. June current account shows surplus of 208.8 million as imports outpace exports

    EconomyMacroeconomy

    Greece’s current account (C/A) balance recorded a surplus of 208.8 million euros in June... a worsening of both the oil balance and the non-oil balance. The services balance improved by 13.8 percent to 2.58 billion, driven almost entirely by the travel balance. The primary income balance

    8%
  2. September current account surplus at 550.8 mln as goods deficit increases
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance recorded a surplus of 550.8 million euros in September.... The month’s headline figure was driven mainly by a deterioration in the balance of goods. The deficit of the balance of goods worsened by 612.5 million, deepening by 42 percent. This was driven

    8%
  3. Last man standing
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    on Sunday than during a John Ford western. Unfortunately, the level of debate was more suited to Blazing Saddles than The Searchers. Why Tsipras should choose to undermine himself in this way can only... governing parties or parties preparing to govern have to. The leftists, a party of less than 5

    8%
  4. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    , mainly owing to higher revenues more than offsetting a hike in interest payments and Public Investment... of October from 4.0 billion a month ago. The ten-month balance outperformance reflects higher PIB...’ arrears on the expenditure line. The consistent bottom-line outperformance - by more than 4 billion

    8%
  5. Of symmetry and adjustments in the eurozone

    Agora

    a negative impact on the ability of households to generate demand, this would be more than compensated... because of Germany, of course) had a surplus of slightly more than 6 percent. Since... and Greece, and more than 40 percent in Italy. Fiscal consolidation in the periphery

    8%
  6. Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach

    Economy

    incorporating the better-than-expected revenue and expenditure performance in the 10-month period. As a result, the new 2013 budget and primary balance targets are now seen as 2.35 and 2.05 billion.... The 11-month underperformance reflects lower than targeted revenues by 1.46 billion, more than

    8%
  7. No victory, just plenty of misery

    Agora

    mean having to wipe out a 24-billion-euro deficit and balance the budget in one fell swoop rather than... commentators that end up resembling cheerleaders rather than sober judges of the events that have unfolded... of 24 billion and a total deficit of more than 36 billion. On top of this derailment of public

    8%
  8. Drop ‘til you shop
    Photo by MacroPolis

    Agora

    of consumers of need rather than choice. Nevertheless, this is the debate that has been prompted... is that most Greeks simply do not have enough money to shop anything other than pretty much the basics... for working on Sundays if the scheme is to be anything other than a cheap stunt for owners to pocket

    8%
  9. Greek deposit and loan rates slide in September

    EconomyMacroeconomy

    the 1.20 percent average rate in the eurozone and more than 50 bps higher than the respective rate... than 50 bps higher than the eurozone average rate, while the rate for consumer loans without..., the spread had risen by a cumulative 30 bps, while the year to date balance shows an increase

    8%
  10. Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall

    EconomyMacroeconomy

    , 673 million better than target. The overperformance is down to lower expenditure (by 1.35 billion) and the Public Investment Budget (PIB) deficit (by 297 million) more than offsetting the continued... higher than November’s last year), all indications point to a revenue underperformance for the whole

    8%