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December current account deficit at 1.24 bln on falling services balance
EconomyMacroeconomyby 4.6 percent at constant prices, while non-oil exports were up by 6.7 percent at constant prices... an 18.2 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net fall in liabilities
6% -
Unemployment rate at 20.6 pct in Jan, inactive population rises
EconomyMacroeconomygroup, the largest year-on-year drop (-6.8 pp) in unemployment came in the 65-74 year old age group... the highest unemployment rate at 26.2 percent, up slightly from the rate of 25.8 percent in December
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IMF raises forecast for primary surplus but differences with European lenders remain
EconomyMacroeconomyat 2.9 percent of GDP, up from 2.2 percent previously, a number closer to the fiscal estimates.... Debt will steadily drop in the coming years, landing at 165.1 percent in 2023. In the previous Fiscal
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February current account deficit at 1.29 bln as underlying balances worsen
EconomyMacroeconomyan 2.1billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net increase in liabilities was driven... assets edged up slightly month-on-month to 6.55 billion in February from 6.53 in January, reflecting
6% -
CPI remains unchanged in April
EconomyMacroeconomyand non-alcoholic beverages by 1 percent, a drop in clothing and footwear by 0.4 percent, lower prices... percent) and telephone services that brought communication up by 3.3 percent. The month-on-month rise
6% -
An uncertain and wasted year for Italy
Agora, returned the mandate to form a new government on Sunday, leading Italy’s two main populist to drop their joint bid to create a government. Conte gave up on forming a government after Mattarella blocked
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Tsipras waits on name issue and debt talks, Mitsotakis pledges tax cuts for tourism
PoliticsGreek Politicswill also have an eye on the meeting of the Washington Group, made up of Greece’s key creditors... percent and drop the base income tax rate to 9 percent. On Thursday, Mitsotakis spoke at the Greek
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April current account deficit at 1.34 bln as goods deficit grows
EconomyMacroeconomydrop in residents' holdings of foreign bonds and T-Bills. A net increase in liabilities was driven... assets edged up slightly month-on-month to 6.71 billion in April from 6.63 billion in March. YoY
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Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
EconomyMacroeconomyindex in manufacturing. This offset a drop in the mining and quarrying index by 1.4 percent... decline was noted in motor vehicles, trailers and semi-trailers (-29.9 percent), which makes up
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June current account shows surplus of 208.8 million as imports outpace exports
EconomyMacroeconomydisplayed a net decrease in residents' external assets, stemming largely from a 1.6 billion-euro drop... month-on-month to 6.37 billion in June from 6.42 billion in May. YoY the figure edged up by 96
6%