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Better income account helps squeeze Greek C/A deficit in January
EconomyMacroeconomybillion (0.7 percent of GDP) for the first time in at least six decades beating earlier official... million. This reflects a 10.6 percent rise in non-residents’ arrivals. Nevertheless, the services surplus fell slightly by 9 million YoY due to a worsening of the other services balance mainly related
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Greek economy braced for impact from Brexit, hopes effect will be limited
Economyvehicles. In addition, UK services’ exports to Greece are almost equally split between business, travel, transportation and financial services. Based on the latest official figures for 2014, UK was the 6th... billion to services, according to the UK Trade and Investment. Export of goods mainly involve
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Athens identifies drivers for growth as it draws up strategy for next years
Economycompass outside the regular supervision by official creditors. The basic macro assumptions of the growth... in both trade of goods and services. Imports are also seen rising at roughly equal pace, keeping... of goods and services will post an average growth of 3.6 percent between 2018 and 2022, reaching 71.4
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
EconomyThe European Commission released today its Spring Economic Forecasts, the first official set... down 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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Newsletter 323 - 14/01/2022
and Growth Pact rules are intensifying in the eurozone. It is noted that in most official... goods and services in the Greek economy, with the index for goods up by 5.4 pct in December and 4.8 pct for services. Prices related to housing are leading the rise with 18 pct in December, largely due
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Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
EconomyMacroeconomymonths. According to the Finance Ministry’s latest official estimates included in the final budget... by 0.8 percent and imports increased by 6.3 percent. The export drop was led by a decrease in services of goods by 2.8 percent and exports of services also decreasing by 0.7 percent. Imports increase
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What would a clean bailout exit for Greece mean in numbers?
Agoradebt to service since the new bonds that were exchanged to avoid the PSI had exactly the same... that Greece is expected to achieve so it can service its debt without accumulating new one. In November 2012... government bonds which were excluded from the PSI and are still being serviced and repaid as normal
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Newsletter 159 -27/04/2018
in Brussels on Tuesday, a senior eurozone official said that reaching a staff-level agreement (SLA... government insists that much of the preparatory work has been done, while the eurozone official pointed... instead, but the eurozone official who spoke to journalists in Brussels indicated that he does not like
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Newsletter 276 -04/12/2020
, even though government spokesman Stelios Petsas was forced to provide an official response... both previous official assessments on Greece taking place before the pandemic broke, the Fund updated... thanks to the specific characteristics such as the large cash buffer, large official sector ownership
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Deflation rises again in Greece: CPI down by 0.8 pct in September
EconomyMacroeconomy2013 (-2.9 percent). Official forecasts by the troika and the Greek government see a second... and services, only 2 posted an increase in prices, namely health (up 3.8 percent) and alcoholic beverages... of education (down 3.3 percent), clothing and footwear (down 2.6 percent) and miscellaneous goods and services
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