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December current account deficit at 1.24 bln on falling services balance
EconomyMacroeconomyprices, respectively. As mentioned, the services balance recorded a fall of 16.3 percent... despite a slight fall in international arrivals, this was offset by a 26.5 percent rise in travel... a strong performance in the underlying subaccounts. Travel receipts rose by 10.5 percent to 14.60 billion
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Newsletter 161 -11/05/2018
in March Substantial drop driven by exports rising as imports fall Greece’s trade deficit shrank by 23.1 percent in March, building momentum on February’s fall of 16.6 percent, according to data from.... As with the previous month, a strong increase in exports compared to imports led the way
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Newsletter 210 -07/06/2019
, confirm the gradual strengthening of property price recovery with strong interest coming from overseas... with a QoQ fall of around 19,700 in those employed, bringing the total to 3.81 million. The unemployment... in May Month-on-month, the index showed a fall of 1.1 percent May’s reading has kept the index positive
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Newsletter 250 -11/05/2020
. The guidelines include strong recommendations for hygiene and physical distancing at airports and terminals...-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 468 million euros... balance showed a fall of 679 million euros, landing at 494 million euros this year compared
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Newsletter 27 - 22/05/2015
haircuts, would put the banks’ liquidity position under strong pressure. Central government debt falls... in March but the rate of decline slowed to 2.9 percent from 10 in February. March’s fall was the fifth...) and mining and quarrying turnover (-3.2 percent). The fall in March was the fifth successive monthly
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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammefor the implementation of the necessary reforms, while the government’s current policy plans fall... concerns that undermine the assumptions for a strong economic recovery in the coming years. The first... reforms (collective dismissals and industrial action framework) to the fall of 2016 as well
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Back from the brink: What next for Greece's property market?
EconomyFeatures, the cumulative fall in apartment prices came to an average of 41.2 percent in nominal terms. Retail... annual fall was posted in 2012 (-11.7 percent), followed by another double-digit drop of -10.9 percent... foreign interest in these markets. However, while the interest is strong, it should be noted
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingfall year-on-year (YoY). Asset quality Pre-write off non-performing exposure (NPE) formation fell... stock is anticipated to fall by 34 percent between March 2018 and December 2019. This will be achieved..., has attracted strong interest. The first two phases were completed in March and binding offers
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Industrial turnover rises by 17.5 pct in July for seventh positive month
EconomyMacroeconomypercent in the manufacturing index, which offset a fall of 6.8 percent in the mining and quarrying index... registered a strong rise of 36.8 percent, which was the second highest rise overall...), although this category makes up a minor overall weighting on the index. The largest fall
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Newsletter 179 -19/10/2018
in Sept Surplus driven by a strong fall in monthly expenditure Greece’s central government primary cash... on EU co-financed projects fall short The budget primary balance came to a surplus of 4.81 billion... for September represents a strong improvement against last year’s figure which came 1.75 billion euros.
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