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Newsletter 108 - 24/02/2017
an improvement in the services surplus by 235 million. Aggregate figures for the whole year show the C... reflects a significant drop in the services surplus by 1.61 billion and, to a lesser extent..., the marked drop in the services balance largely reflects a significant decrease of 1.2 billion
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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomydriven by a significant increase of 5 percent in exports of goods and services, thanks to a very strong... Exports of goods and services recorded a second consecutive quarter of growth in Q3, accelerating by 5... QoQ but increased by 2.8 percent YoY, while services’ exports jumped by 9.8 percent QoQ and grew 12.6
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Current account deficit at 624.1 mln in October as goods balance worsens
EconomyMacroeconomymillion, respectively. These deficits combined to offset a surplus in the services balance, which... that at constant prices, the rise in the exports of goods came to 3.6 percent. As mentioned, the services balance... services balance. The travel balance showed an increase of 18.2 percent to 995.6 million euros
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November current account deficit at 954 mln, goods balance improves
EconomyMacroeconomythe secondary income deficit improved by 15.4 million. The services balance also recorded a smaller... and by 7.2 percent at constant prices. The services balance increased by 3.1 percent for November... a year ago. The travel balance was the main driver behind the improvements in the overall services
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February current account deficit at 1.29 bln as underlying balances worsen
EconomyMacroeconomypercent for an absolute sum of 3.86 billion. The services balance recorded a fall of 15.2 percent and came to 251 million euros, mainly driven by lower net services and travel receipts. Travel receipts... percent in February. Travel payments rose by 37.7 percent, leading to a travel services deficit of 6.9
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April current account deficit at 1.34 bln as goods deficit grows
EconomyMacroeconomy. The surplus of the services balance also fell by 133 million to 505.6 million, while an improvement.... The services balance fell by 20.8 percent and came to just under 505.6 million euros, mainly driven by lower... with the services balance declining by 295.3 million. The deficit in the balance of goods came to 6.57 billion
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A sudden turnaround that could lead to sharp shock
Agorahit the Greek economy through external demand. This was initially evident in services, as tourism... transport take the lion’s share of services receipts, representing more than 83 pct of total... pct of services receipts, while shipping is more consistent in the region of 3.4 to 3.9 billion per
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Digital investments could provide long-term GDP boost, study finds
EconomyFeaturesGreek businesses for more ICT services and specialists is growing. If Greece reached the levels... of digital public services. In particular, Greece has the lowest population share of e-Government users... index which measures the provision of digital public services for businesses compared to 89/100
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New obstacle for privatisations as court blocks sale of water firm
Economyand sewerage services in the greater Athens area through a 20-year concession agreement with the Greek state... continue to supply affordable and high quality services when it is not under public scrutiny. It also stresses that EYDAP services are a monopoly offered to a large number of citizens through
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Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010
EconomyMacroeconomypercent in Q1 primarily driven by a double-digit rise (13.1 percent) in exports of services... transactions showed Q1 exports dropping 3 percent. The significant rise in exports of services, the highest since Q1 2008, mainly reflects strong tourism with the turnover in accommodation and food services
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