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Eurosystem funding drops by 699.8 mln in September
EconomyMacroeconomycomes to 7.51 billion versus 8.21 billion in August. The movements in September fully reflect a drop... securities expiring as the country left its final bailout programme. ECB funding made up 100 percent
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Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets
EconomyProgramme, after it adopted fiscal expansionary measures in the lead-up to the European Parliament elections... that the drop in Greek bond yields over the last few months means that a new debt sustainability analysis
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Trade deficit drops by 5.4 pct in October as both imports and exports fall
EconomyMacroeconomya decrease of 7.6 percent YoY. At the same time, exports totalled 2.87 billion euros, recording a drop... that imports from non-EU countries dropped by 15.5 percent. Those from EU countries edged up
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Trade deficit rises by 7 pct in November
EconomyMacroeconomya drop of 11.4 percent compared to the same month last year. A breakdown of the figures by geography... exports edged up by 0.1 percent. In the first eleven months of the year, the absolute figures
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CPI rises by 0.9 pct in January
EconomyMacroeconomyfrom December, compared to a monthly drop of 1.8 percent in January a year ago. The core index edged up by 0.7 percent in January, unchanged from December. Additionally, the goods’ index increased
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EU main destination for exports in 2019, fuel and pharmaceuticals lead way
EconomyFeaturesto fourth place. The French market is Greece’s eighth biggest export market, up from eleventh place.... Despite the overall drop, fuel continued to be the top export product in 2019, and came to a total
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Greece braces for potential impact of coronavirus on key economic sectors
PoliticsGreek Politicsreferenced his French counterpart, who estimated the drop in French tourism at 30-40 pct... cancelled, a some of which were destined for the port of Piraeus. Shipping makes up 7 percent of Greek
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Current account shows deficit of 1.29 bln in January
EconomyMacroeconomypayments rose to 206.5 million, up by 23.4 percent. Total exports in January came to 2.72 billion euros... of the primary and secondary income accounts is mainly attributable to a drop in net receipts from
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Mitsotakis urges EU to act after European Council stalemate
PoliticsGreek Politicsduring Thursday’s teleconference. The Eurogroup has now been given the task of coming up..., particularly preventing job losses and supporting business that suffer a drop in turnover. He referenced
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ND to unveil more economic support as coronavirus restrictions are extended
PoliticsGreek PoliticsThe government is gearing up for the announcement of a new set of measures to help struggling businesses as the lockdown looks set to stretch well into April. It was confirmed over the weekend... that in current prices GDP will drop to 172.5 billion, from 187.5 in 2019. The GAO also estimates
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