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Economic sentiment rises to 91.9 points in February despite drop in consumer confidence
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 1.2 points month-on-month in February to reach 91.9 points, European Commission (EC) figures showed on Thursday. During the month, the Employment Expectations Indicator (EEI) for Greece came to 106.1 points comp...
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Current account deficit narrows to 840.3 mln in Feb as imports drop
EconomyMacroeconomyGreece posted a current account (C/A) deficit of 840.3 million euros in February compared to 435.7 million euros in January, Bank of Greece (BoG) data showed on Tuesday. In February 2020, the balance showed a deficit of 1.15 billion euros, meaning that ...
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As restrictions drop away, Apr travel balance beats even pre-Covid levels
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 432.1 million euros in April, from 77 million euros in March, according to Bank of Greece (BoG) data released on Tuesday. April’s balance was significantly higher than the 3.2 million euros registered in Apr...
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Output and new orders drop to lowest since Mar 2021, forcing PMI down by 2.7 pts
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by 2.7 points in June to 51.1 points, according to S&P Global data released on Friday. June’s PMI captured only a marginal improvement in the operating conditions of the Greek manufacturing sector and the slowest in th...
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Industrial production records first back-to-back drop since 2020 in Oct
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) dropped further into negative territory in October, falling by 2.5 percent year-on-year (YoY), after a decline of 1.2 percent in September, according to Hellenic Statistical Authority (ELSTAT) data released on ...
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Jan current account in surplus, trade balance worsens as exports drop again
EconomyMacroeconomyGreece’s current account recorded a surplus of 1.7 billion euros in January, from a deficit of 2.25 billion euros in December, Bank of Greece (BoG) data showed on Friday. In January 2023, the balance showed a deficit of 161.5 million euros. The Bank of ...
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Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
EconomyMacroeconomyGreece’s current account recorded a deficit of 1.19 billion euros in June, from a surplus of 196.5 million euros in May, Bank of Greece (BoG) data released on Wednesday showed. In June 2024, the balance showed a surplus of 265.7 million euros. The Bank ...
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Economic sentiment rises in Dec despite sharp drop in retail trade
EconomyMacroeconomyGreece’s economic sentiment (ESI) improved in December, with the index at 107.4 points, from 105.9 in the previous month, according to European Commission figures released on Thursday. Over the rolling 12-month period, December’s ESI was lower by 1 poin...
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Jobs, hundreds of thousands of jobs
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/12/indignant_myrto_1000_1210-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Agora. There is no reason to rule out that Greece might return to the old relationship and end up in a jobless... billion euros in 2013 to 207 billion by the end of 2020. This implies growth will never drop below 2.5... to pick up. On top of that, the government will remain a drag on the economic identity, having to find
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Greek primary budget surplus rises to 2.53 bln at end of September
Economy. The 9-month figure reached 9.13 billion, up 14.6 percent, yet it fell short of target by 190 million... in September, which is almost three times higher year on year. The 9-month figure stood at 2.19 billion, up... jumped by 18.3 and 29 percent respectively. The respective 9-month figures dropped by up to 1 percent
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