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  1. Trade deficit to Sep drops by 18.1 pct, exports struggle with 6.4 pct decrease
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 25.9 percent year-on-year (YoY) in September, after a decline of 7 percent in August, according to data released by ELSTAT on Tuesday. The deficit came... euros. Year to date, imports from EU countries were up by 2.4 percent to 30.13 billion euros, while

    6%

  2. Fitch rating upgrade seals Greece re-establishing itself as investment grade material
    Photo by MacroPolis

    Economy

    and maintain the investment grade. Fitch notes that the drop by 65 basis points of the debt ratio from 205... by profitability, internal capital accumulation and balance sheet clean-up efforts. Fitch says that consistent

    6%

  3. Trade deficit narrows by 32 pct in Oct, but exports contract
    By Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 32 percent year-on-year (YoY) in October, after a decline of 25.9 percent in September, according to data released by ELSTAT on Friday. The deficit came... to date, imports from EU countries were up by 1.3 percent to 34.33 billion euros, while imports from non

    6%

  4. Led by manufacturing and electricity, Industrial Production rises by 10.5 pct YoY in Oct

    EconomyMacroeconomy

    , after a drop of 2 percent in the previous month. The annual movement in the index was led..., while water supply was up by 0.7 percent. Mining dropped by 0.5 percent. The manufacturing index

    6%

  5. Benefits of investment grade starting to become visible
    Photo by Panayiotos Tzamaros

    Economy

    standing at 44.8 billion, but which could drop below 25 billion euros. This move would also carry... their credit ratings, on the back of cleaned up balance sheets, profitability and the prospects

    6%

  6. Trade deficit narrows further in Nov, at 28.46 bln in 11M
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 28.6 percent year-on-year (YoY) in November, after a decline of 32 percent in October, according to data released by ELSTAT on Tuesday. The deficit came..., imports from EU countries were up by 1.4 percent to 38 billion euros, while imports from non-EU markets

    6%

  7. Seasonal factors lead to strong deposit growth of 6.4 bln euros in Dec
    Photo via https://flic.kr/p/2b9vcaC

    EconomyMacroeconomy

    and other deposits were up by 98 million to 36.62 billion. Corporate deposits increased by 3.29..., increased by 5.32 billion euros to 201.62 billion euros, after an 927-million euros drop in November.

    6%

  8. Trade deficit drops by 20 pct in 2023 despite contraction of exports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 11.3 percent year-on-year (YoY) in December, after a decline of 28.6 percent in November, according to data released by ELSTAT on Wednesday. The deficit came... billion euros. For the full year, imports from EU countries were almost unchanged, up by 0.2 percent

    6%

  9. Industrial production concluded 2023 with modest annual growth of 2.2 pct
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    recorded a rise of 0.7 percent, after a drop of 4.1 percent in the previous month. The annual movement... in manufacturing, while water supply was up by 1.1 percent. Mining had the strongest growth of 14.4

    6%

  10. European Commission leaves 2024 growth estimate of 2.3 pct unchanged
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    GDP growth. Investment is expected to pick up significantly as the RRF implementation gains..., from HICP of 4.2 pct last year to 2.7 pct in 2024 and drop further to 2 pct in 2025.

    6%