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  1. Economic sentiment, consumer confidence plummet in April as construction takes worse hit
    Photo by MacroPolis

    EconomyMacroeconomy

    (EEI) for Greece came to 102.4 points compared to 115.8 points in March. Compared to last year.... Industry confidence fell by 8.7 points month-on-month to stand at -5.6 points. Year-on-year, industry... to 1.1 points. Year-on-year, the service confidence indicator has worsened by 4.5 points. The services

    1%

  2. Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    of 2020, compared to a surplus of 1.46 billion noted a year earlier, the preliminary Finance Ministry (MoF.... For the same month last year, the primary surplus stood at 20 million euros. The budget balance in the first four months of the year recorded a deficit of 4.06 billion euros compared to a deficit of 1.04

    1%

  3. Travel balance falls by 53.6 pct in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance fell to 31.6 million euros in March from 68.1 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 53.6 percent year-on-year (YoY... and stood at 43.2 million euros in March. For the same month last year, the YoY rise came to 6.6 percent

    1%

  4. Economic sentiment at 88.5 in May, consumer confidence begins to stabilise
    Photo by MacroPolis

    EconomyMacroeconomy

    (EEI) for Greece came to 94.6 points compared to 102.4 points in March. Compared to last year, the EEI... confidence fell by 9.8 points month-on-month to stand at -15.4 points. Year-on-year, industry...-on-month to 40.3 points. Year-on-year, the service confidence indicator has worsened by 47.6 points

    1%

  5. Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    of 2.01 billion noted in April. For the same month last year, the primary deficit came to 547 million euros. The budget balance in the first five months of the year recorded a sharp deficit of 7.45 billion euros compared to a deficit of 1.76 billion euros seen in the aggregate period last year

    1%

  6. Economic sentiment at 87.6 in June, consumer confidence & construction show recovery
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    (EEI) for Greece came to 97.6 points compared to 94.6 points in May. Compared to last year, the EEI has... by 2.7 points month-on-month to stand at -18.1 points. Year-on-year, industry confidence has fallen... points. Year-on-year, the service confidence indicator has worsened by 54.7 points. The services

    1%

  7. Budget primary shows deficit of 5.86 bln in June, target shortfall widens to 6.18 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    . For the same month last year, the primary deficit came to 535 million euros. The budget balance in the first six months of the year recorded a deficit of 9 billion euros compared to a deficit of 2.69 billion euros seen in the aggregate period last year. For the current aggregate period, the budget balance

    1%

  8. Economic sentiment at 90.8 in July, consumer confidence slips
    Photo by MacroPolis

    EconomyMacroeconomy

    (EEI) for Greece came to 103.7 points compared to 97.6 points in June. Compared to last year, the EEI.... Year-on-year, industry confidence has fallen by 15 points. The services index improved by 12.6 points month-on-month to -34.2 points. Year-on-year, the service confidence indicator has worsened by 56.3

    1%

  9. Economic sentiment at 90.7 in Aug, construction and retail dip
    Photo by MacroPolis

    EconomyMacroeconomy

    Indicator (EEI) for Greece came to 105.9 points compared to 103.7 points in July. Compared to last year... at -15.5 points. Year-on-year, industry confidence has fallen by 16.1 points. The services index improved by 5.4 points month-on-month to -28.8 points. Year-on-year, the service confidence indicator has

    1%

  10. Budget primary shows deficit of 6.61 bln in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in July. For the same month last year, the primary balance came to a surplus of 1.14 billion euros. The budget balance in the first eight months of the year recorded a deficit of 10.80 billion euros compared to a deficit of 1.59 billion euros seen in the aggregate period last year. For the current

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