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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomyestimated for 2014. Exports Exports of goods and services dropped 1.3 percent QoQ for the first time after three consecutive quarters of improvement. This was mainly led by exports of services which... components. For the whole year, exports increased by 8.8 percent, mainly due to services (+12.7
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Proposed VAT overhaul a stepping stone towards agreement with lenders?
EconomyProgrammeand services, replacing the current 13 and 23 percent rates. In case, customers use their credit or debit... hotels, a 3 percent tax on food services and 6 percent tax on specific purchases on islands... are expected for public transport, electrical and natural gas, food services and private hospitals
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Greece’s price index falls to second lowest point in 12 years
SocietyCommunications are hugely more expensive while prices for transport services are considerably cheaper than the EU average, according to data on price levels on consumer goods and services released by Eurostat last week. Based on price surveys covering more than 2,400 consumer goods and services
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Current account surplus widens to 838 mln in Sept on shrinking goods deficit
EconomyMacroeconomydeficit (by 13 million). This more than offset a worsening of the services surplus (by 502 million... and 3.38 billion respectively. The services’ surplus fell by 18.1 percent mainly due to lower net... offset a services’ surplus that was 794 million lower, as well as the worsening of the primary
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Current account turns to a surplus of 314 mln in Oct on contracting goods deficit
EconomyMacroeconomyaccount surplus (by 295 million) more than offsetting a narrowing of the services surplus by 295... euros, with exports and imports at 2.14 and 3.45 billion respectively. The decline in the services... in the services and primary income surpluses by 1.09 billion and 501 million respectively, while
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Current account deficit at 1.22 bln in Nov, down 18.6 pct
EconomyMacroeconomybalances by 302 and 61 million respectively more than offsetting a fall in the services’ surplus by 193... and imports at 2.02 and 3.62 billion respectively. The fall in the services surplus is largely... billion euros more than offsetting a drop in the services’ surplus by 1.09 billion and deterioration
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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomymore than offsetting a narrowing of the services’ surplus by 174 million. The breakdown showed... imports decreased by 5 percent. The decline in the services’ surplus is primarily attributed to lower net... offsetting a decrease in the services’ surplus by 1.26 billion and an increase in the secondary income
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Current account deficit narrows to 822 mln in April
EconomyMacroeconomyin the services’ surplus by 307 million. The breakdown displayed shrinking goods’ deficit is attributed... net oil bill. At the same time, the decrease in the services’ surplus mostly reflects lower net sea.... In contrast, the services’ surplus fell by around 875 million. In particular, imports fell at a double
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Current account deficit widens to 412 mln in May
EconomyMacroeconomyby around 272 million euros fully reflects a drop in the services surplus by 442 million, which more... percent and total exports 4.5 percent. The decline in the services’ surplus mainly results from lower net... by 1.24 billion, while the services' surplus deteriorated by 1.33 billion. The breakdown showed exports
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Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomy, the services surplus fell by 141 million from last year. The modest drop in the goods’ deficit reflects... prices rose by 4.3 percent. The deterioration in the services balance mostly stems from lower net... a deterioration in the services surplus by 1.47 billion. The shrinking goods deficit largely reflects
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