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April current account deficit at 1.34 bln as goods deficit grows
EconomyMacroeconomyin the first four months of the year. The worsening of the deficit was driven by a deterioration... percent and the secondary income balance by 16.7 percent in the first four months of the year... the corresponding liabilities grew by 1.2 billion. In the first four months of the year, portfolio investments
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Travel balance down by 29 pct in April as receipts slump
EconomyMacroeconomyvisitors fell by 3.4 percent to 378,800. The aggregate figures for the first four months of the year... increased by 6.2 percent in the first four months of the year while visitors from Russia fell by 22.6... by 11.1 percent in April, and by 17.6 percent in the first four months of the year. In December
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Tsipras and Mitsotakis gear up for economy pledges, with eyes on fiscal targets
PoliticsGreek Politicsyears. The government’s intention to set out relief measures for the next four years, rather than... next May. Setting out the measures over a four-year period not only means that the volume... contributions from 20 to 15 percent over a four-year period. The New Democracy president has said he will try
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SYRIZA and ANEL: Far from picture-perfect
Agorafrom the start. Stunning as the result of the January 25 elections was four years ago, when his left... the last four years. It is no surprise that the 2018 Democracy Index published by the Economist... some of the problems) that will prove the most damning indictment of the last four years. Despite
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingpercent by 2021. In its end of January report on Greece’s four systemic banks, the rating agency... are subject to approval by the Commission’s DG Comp. In the meantime, Greece’s four systemic banks... reduction in NPEs is anticipated under the scheme while capital adequacy is maintained for all four
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Newsletter 202 -12/04/2019
) is continuing, while the probe for four (Panayiotis Pikrammenos, Giorgos Koutroumanis, Evangelos Venizelos... Index remains positive for four consecutive months The aggregate figure for the first two months... positive for four consecutive months so far, after the negative reading of October 2018. Month-on-month
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Primary cash balance at surplus of 232 mln in Apr
EconomyMacroeconomyin the first four months of the year according to figures released by the Bank of Greece (BoG). The headline... for the first four months of the year showed that revenues rose by 96 million euros to 14.63 billion... released by the Finance Ministry (MoF) for April showed surplus of 1.46 billion euros in the first four
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General govt primary cash surplus at 1.68 bln in April, arrears rise by 164 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 1.68 billion euros in the first four... billion euros last year. The breakdown of the figures showed that in the first four months, revenues..., with increases seen in four out of the six underlying subcategories. Tax refunds showed the largest rise
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Trade deficit drops by 5.2 pct in April
EconomyMacroeconomyin April. The aggregate figure for the first four months of the year showed a rise of 5.2 percent... for imports and exports in the first four months came to 18.56 billion and 10.94 billion... these two elements, the trade deficit showed a rise of 8.3 percent in the first four months of the year.
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Travel balance falls by 4.1 pct in April
EconomyMacroeconomy. During the first four months of the year, travel receipts rose by 22.8 percent to 1.3 billion euros..., arrivals from the EU 28 countries fell by 7 percent and came to 1.7 million visitors in the first four... percent in the first four months of the year and came to 2.9 million visitors. The aggregate
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