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Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
EconomyMacroeconomyYoY. Total exports in October came to 2.77 billion euros, from 3.02 billion last year, a drop... last year, a drop of 11 percent. As noted, travel receipts increased by 4.1 percent and stood at 1.44... last year. The secondary account had a deficit of 153 million in October, up from 150 million last
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Apartment prices rise by 7.5 pct in Q4 and 7.2 pct in 2019
EconomyMacroeconomyan average price decrease of 1.2 percent. Properties up to five years old saw price increases of 8.9... annual fall was posted in 2012 (-11.7 percent), followed by another double-digit drop of -10.9 percent... a YoY drop of 12.8 percent. Since Q1 2018, apartment prices have retained an upward trajectory
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Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Economythe pandemic, the global recession and the drop in tourism. Fitch expects a gradual recovery in the second half.... Impacted by the drop in services revenues, notably tourism which corresponds to 22 pct of current account... market as the ECB could purchase up to 16 billion euros of GGBs, or 9.3 pct of estimated GDP. Other
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Retail sales down by 1.5 pct in March for first fall in seven months
EconomyMacroeconomyand tobacco at 12.2 percent. They were partially offset by rises in pharmaceutical products up by 14.9... drop of 16.1 points month-on-month in April. Consumer confidence is the lowest it’s been since... months, dropping by 22.4 points month-on-month, after a drop of 18.1 points in April, which took
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Apartment prices rise by 6.9 pct in Q1
EconomyMacroeconomypercent in Q4. New properties, classified as up to five years old saw price increases of 7.9 percent... percent), followed by another double-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018
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H1 results for Greek corporates show signs of pandemic biting
EconomyCorporatesquarter of 2020, showing a drop of approximately 80 percent compared to the aviation fuel sales... and impairment of non-operating property for sale, EBITDA came to 72.3 million. The drop in EBITDA stemmed... in specific retail channels, the group said. EBITDA was up by 35.2 percent to 28.4 million from 21
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Current account shows deficit of 874.5 mln in July as travel receipts disappoint
EconomyMacroeconomyof the secondary income account, which was partly offset by a significant drop in the balance of goods deficit along with the drop in the deficit of the primary income account. A decrease in the deficit... of 569.8 million was registered, up by 308.9 million YoY. The financial account showed a deficit of 505.4
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Apartment prices rise by 4.1 pct in Q2
EconomyMacroeconomyproperties, classified as up to five years old saw price increases of 5.4 percent in Q2. According...), followed by another double-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018, apartment
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Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
EconomyMacroeconomypct in 2011, 7.1 pct in 2012, followed by a more modest 2.7 pct GDP drop in 2013. The growth drivers... rates of 2018, when household consumption had increased by 2.3 pct and exports were up 9.1 pct... in 2019, as fixed capital formation decreased again in 2019 by 4.6 pct, following a drop of 6.6 pct
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Apartment prices rise by 3.2 pct in Q3
EconomyMacroeconomyby 2.6 percent in Q3 versus an increase of 3.3 percent in Q2. New properties, classified as up to five...-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018, apartment prices have retained
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