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As imports rise, Greek C/A balance flips back to deficit in May
EconomyMacroeconomyand ships, the trade balance in May did not show any meaningful change, while exports grew faster than...Greece's May current account (C/A) balance showed a deficit of 246.2 million from a surplus of 69.6 million last year, according to the Bank of Greece (BoG). The C/A balance deterioration is owed
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Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.51 billion euros in the first four months... billion euros, below the aggregate target by 1.34million euros. The monthly primary balance for April.... For the same month last year, the primary surplus stood at 20 million euros. The budget balance
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Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
EconomyMacroeconomywith a slightly higher goods’ deficit by 35 million that more than offset an improvement.... The worsening of the primary income account balance is mostly due to lower net receipts from taxes and subsidies on products and production, while the deterioration in the secondary income balance reflects
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Budget execution starts 2017 with primary balance outperformance on target-beating revenues
EconomyMacroeconomy, largely reflecting higher than expected revenues (by 340 million), while primary expenditure and Public Investment Budget (PIB) balance came in 58 and 41 million lower than target. In addition, the state...The budget primary balance recorded a surplus of 1.02 billion euros in the first month of 2017
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Budget primary balance continues strong performance in Oct, ahead of target by 6.4 bln
EconomyMacroeconomy-euro deficit in October 2021. The overall balance is better than the target by 6.26 billion euros...The budget primary balance up to October 2022 came to a small deficit of 349 million euros... Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance beat the target
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Current account deficit more than halves to 2.57 bln in 2019
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 540.3 million euros in December, from... for the balance of goods came to 1.63 billion euros, down by 10.7 percent year-on-year (YoY). The services balance edged up YoY by 8.4 million, reaching 510.1 million euros in December. The travel balance showed
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Stocks rise for first time in three weeks, gaining 1.1 pct
Economy. Corporate news Alpha’s Q1 net profits more than doubled quarter on quarter to 48.1 million, while core pre-provision income rebounded by 1.2 percent to 305 million. Marfin Investment Group (MIG) showed... than halved to 13.1 million. Lamda Development reported a rise of 6.3 percent in Q1 net profits
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Current account deficit widens to 2.4 bln in Mar, oil deficit more than doubles
EconomyMacroeconomyeuros in February, Bank of Greece (BoG) data showed on Monday. In March 2022, the balance showed... euros. The deficit for the balance of goods also widened in March and came to 2.61 billion euros... billion euros, from 4.45 billion in March 2022. The impact of fuel has intensified as the oil balance
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Jan-May travel balance of 1.78 bln beats same period in 2019
EconomyMacroeconomy. Most notably, May’s balance is Just 10.8 percent lower than the 1.34 billion euros recorded in May...Greece’s travel balance recorded a surplus of 1.19 billion euros in May, accelerating from the 432.1 million euros in April, according to Bank of Greece (BoG) data released on Friday. May’s balance
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Budget primary balance to May beats target by wide margin, taxes continue to outperform
EconomyMacroeconomyin May 2021. The overall balance is better than the target by 2.44 billion euros. Revenues Net revenues..., higher than the target by 780 million euros. Overall, the PIB balance landed at a deficit of roughly 2...The budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion
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