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Mixed picture for deposits continues in Aug with rise of just 190 mln
EconomyMacroeconomyeuros, while redeemable at notice decreased by 31 million to 1.68 billion and other deposits were up... to 196.33 billion euros, after an 159 million euros drop in July.
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Trade deficit continues to shrink in Aug despite exports losing momentum
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 7 percent year-on-year (YoY) in August, after a decline of 21 percent in July, according to data released by ELSTAT on Friday. The deficit came to 2.75... countries were up by 3.7 percent to 26.61 billion euros, while imports from non-EU markets were down
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Industrial production stays in contraction for third successive month in Aug
EconomyMacroeconomywas led by electricity supply falling by 7 pct, while mining was up by 13.3 pct. Water supply rose... in electricity supply, partially offset by 1 pct drop in water supply. According to the European
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Government officials escalate attack on watchdogs, as spyware report touches on PM's office
PoliticsGreek Politicsactivities of EYP, while the government has been accused of covering up the affair by suppressing... government officials to drop the investigation into potential links between EYP’s surveillance programme
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Trade deficit to Sep drops by 18.1 pct, exports struggle with 6.4 pct decrease
EconomyMacroeconomyGreece’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
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Fitch rating upgrade seals Greece re-establishing itself as investment grade material
Economyand 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
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Trade deficit narrows by 32 pct in Oct, but exports contract
EconomyMacroeconomyGreece’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
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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
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Benefits of investment grade starting to become visible
Economystanding 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
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Trade deficit narrows further in Nov, at 28.46 bln in 11M
EconomyMacroeconomyGreece’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
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