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  1. Central gov net cash position shows deficit reined in from last year to 6.97 bln

    EconomyMacroeconomy

    billion euros, bringing the total to 50.71 billion euros. The Public Investment Budget (PIB) balance came.... The aggregate PIB balance for the first 10 months showed a deficit of 1.3 billion euros. In the same period of 2020, the PIB balance showed a deficit of 2.57 billion euros. The Finance Ministry released its

    4%
  2. Travel receipts of 2.18 bln in Sep as arrivals pick up and spending per trip increases
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 2.06 billion euros in September, from 815.6 million... more than doubled, the balance is well below the 2.67 billion euros seen in September 2019. However... million, which took the overall travel balance to 8.03 billion, reflecting a rise of 167.7 percent YoY

    4%
  3. Deposits growth slows to just 11 mln in Oct

    EconomyMacroeconomy

    decelerated to 11.5 pct, from 13.3 pct in September and 13.9 pct in August. The outstanding balance... and sight deposits of 26.11 billion euros. The latest deposit movement took the aggregate balance... private sector deposit balance since November 2011. The breakdown of the figures shows that sight

    4%
  4. Unemployment rate broadly stable at 13.3 pct in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    Ministry’s Ergani database showed that Greece’s employment balance in October turned negative with 70,048 more departures than hirings, from a positive balance of 19,727 in September. The overall balance

    4%
  5. Primary cash deficit almost halved to 7.32 bln in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    the total to 55.47 billion euros. The Public Investment Budget (PIB) balance came to a deficit of 399 million euros compared to a deficit of 988 million in November last year. The aggregate PIB balance up to November showed a deficit of 1.7 billion euros. In the same period of 2020, the PIB balance

    4%
  6. Unemployment rate eases to 13.3 pct in Nov as number of employed rises sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    data from the Labour Ministry’s Ergani database showed that Greece’s employment balance in December was negative by 2,598, following a negative balance of 79,129 more departures than hires in November... the balance was positive by 133,082, improving by 40,079 jobs year-on-year, capturing the base effect

    4%
  7. Seasonal deposit rise of 4.29 bln in Dec takes total 2021 increase near to 18 bln

    EconomyMacroeconomy

    percent in the previous month and 11.5 percent in October. The outstanding balance of private sector... the aggregate balance for 2021 to an increase of close to 18 billion euros, a rise of 11 percent. The current level remains the highest private sector deposit balance since September 2011. The Greek economy

    4%
  8. Unemployment falls to 12.8 pct in Dec as jobless number drops to lowest since March 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    balance in December was negative by 2,598, following a negative balance of 79,129 more departures..., overall, in 2021 the balance was positive by 133,082, improving by 40,079 jobs year-on-year, capturing

    4%
  9. Travel receipts more than double in 2021, arrivals at 47 pct of 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 64 million euros in December, from a surplus of 173.8... balance is even higher than the 28.6 million euros recorded in December 2019. Receipts came to 176.6... billion euros. Payments also increased to 1.12 billion, which took the overall travel balance to 9.53

    4%
  10. Newsletter 330 - 04/03/2022

    Newsletters

    has now shifted to chemicals, metals and machinery. The trade balance with Russia is naturally... of energy will also affect the trade balance as prices climb and Greece is heavily reliant.... A prolonged conflict in Ukraine is expected to have a more severe effect on the trade balance this year

    4%