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  1. Greek tourism's long-term growth prospects are good, report shows

    EconomyMacroeconomy

    percent of GDP. The report shows that the total contribution of travel and tourism to GDP, including... was ranked 26th in terms of direct tourism revenues and 29th in terms of total contribution worldwide..., with Greece ranking 102nd and 110th for the direct and total contribution respectively. The money spent

    8%

  2. General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln

    EconomyMacroeconomy

    at the high end at 2.88 billion (+111 million year to date), making up 43 percent of total arrears. Hospitals follow at 1.15 billion, up 215 million in Q1, corresponding to 17 percent of total arrears... of outstanding debt shows EFSF/ESM/IMF loans stood at 219 billion making up 68.2 percent of total debt

    8%

  3. General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln

    EconomyMacroeconomy

    , with the absolute figure reaching 3.03 billion in July. It made up 44 percent of total arrears. Hospital... of total) in July. State budget arrears grew by 226 million to 677 million by July, while tax refunds’ arrears of 1.36 billion remain the second major contributor to the total figure with their stock up

    8%

  4. Trade after Brexit: How Greece and the EU will be affected

    Agora

    . Total trade volume between the EU and the UK exceeded 7,000 billion pounds during the period of 1999-2015, accounting for more than 51% of UK's total global trade. To paint the picture, the USA in the second place accounts for 13.6 of the UK's total global trade with almost 1,900 billion pounds

    8%

  5. General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    make up 46.5 percent of the total stock, with tax refund arrears following at 1.21 billion (25.1... of total. Extrabudgetary funds arrears amounted to almost 400 million (8.3 percent of total). Debt..., making up almost 70 percent of total debt. Moreover, bonds stood at 56.72 billion (17.4 percent

    8%

  6. BoG reveals number of indebted borrowers, details business NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    ‘unlikely to pay’ exposures accounted for 27.6 percent of the total figure. More than 14 percent.... A closer look at business NPEs shows that from total loans of 64 billion granted to 30,000 large corporates, around 7,000 of those firms with loans of 17 billion (26.7 percent of total) face difficulties

    8%

  7. Travel surplus rises by 17.4 pct in H1 as sharp rise in visitors drives receipts growth
    Photo by MacroPolis

    EconomyMacroeconomy

    accounted for the lion’s share of total expenditure in H1 2018 at 80.4 percent with corresponding receipts... percent). Receipts from trips for health purposes fell by 15 percent year-on-year to total 20 million.... Visitors from within the EU 28 made up 63.9 percent of the total, with non EU visitors accounting for 25.9

    8%

  8. December current account deficit at 1.51 bln and 5.28 bln for 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    prices total exports of goods decreased by 3.5 percent and total imports of goods decreased marginally. In absolute terms, total imports came to 4.29 billion euros and total exports came to 2.46..., total exports of goods increased by 7.1 percent and total imports of goods grew by 7.1 percent

    8%

  9. Current account deficit drops in April on improved goods and services balance

    EconomyMacroeconomy

    million for the same month in 2018. Total exports of goods in April came to 2.84 billion euros, against 2.54 billion in April last year. Total exports of goods grew by 11.6 percent in current prices. In addition, non-oil exports rose by 11.4 percent at current prices. At the same time, total imports

    8%

  10. Car sales jump by 21 pct in Dec as 2019 closes with 12.8 pct rise
    Photo by MacroPolis

    EconomyMacroeconomy

    was 4.1 percent. A total of 11,129 new and used vehicles went into circulation for the first time in December. New car registrations increased by 21.4 percent, reaching 7,246 vehicles. Total vehicle sales... of the total, passenger car sales rose by 23.5 percent, at 9,395. The rest were lorries (1,641), motorcycles

    8%