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  1. Newsletter 259 -24/07/2020

    Newsletters

    the first six months of 2020, the PIB balance has worsened by 1.92 billion euros. Current account deficit... (YoY). Greece’s current account (C/A) balance posted a deficit of 913.9 million euros in May compared... to a deterioration in the services balance and the secondary income account, which was partly offset

    2%

  2. Newsletter 438 - 25/10/2024

    account deficit. The short-term outlook sees growth this year of 2.3 pct and 2.4 pct in 2025. These hinge... capital formation rising by just 4 pct. The current account deficit according to the IMF will persist...’s current account remained in a surplus of 651.3 million euros in August, as is the trend during

    2%

  3. Newsletter 448 - 24/01/2025

    in Athens this Sunday. Relatives are calling on the presidential candidate to account for his actions... of payments Greece’s current account deficit widened in November, as is customary. It reached 3.15 billion euros, from 383.2 million euros in the previous month. In November 2023, the current account deficit

    2%

  4. Greece and the euro: The flight of Icarus

    Agora

    would have a destabilizing effect. The prevailing thinking was that current account deficits would... the economic indicators pointing to trouble ahead was Greece’s current account deficit. It was already... this week that Greece posted a current account surplus for the second month in a row in August. Public

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  5. European Commission review of Greek programme: The key points

    EconomyProgramme

    take into account the cancellation of preference shares by Alpha and Piraeus. Brussels indicates... and 3 pp in 2015-16. After a material improvement in 2013, the Current Account (C/A) balance... The risks to the 2014 fiscal outlook are broadly balanced and take into account a positive carry over

    1%

  6. August sees third Greek C/A surplus in a row, reaching 1.82 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's current account (C/A) balance recorded a surplus for the third successive month in August... million) and a rise in the trade deficit (by 922 million). The movement in the trade account reflects... in the income account deficit by 20.6 percent results from lower net interest payments. In addition

    1%

  7. Newsletter 101 - 23/12/2016

    Newsletters

    account deficit swells Deterioration reflects a decline in the primary and secondary income balances Aggregate figures for January-October point to a 42.6 percent drop in the current account surplus. The current account (C/A) balance turned to a deficit of 198.4 million in October from surplus

    1%

  8. Taking a macro snapshot

    Agora

    as it was before the crisis. The correction of Greece’s excessive current account deficit has been... season last year and lower revenue from shipping – the reduction of the current account deficit is remarkable, reporting even current account surpluses during certain months in the second half of last

    1%

  9. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    and streamlining all income tax exemptions. Current account balance On the current account (C/A) front... and tourism, which account for 2/3 of total exports, have significantly lagged other countries

    1%

  10. Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    be stronger if the recent decline in oil prices is taken into account, the central bank says. The BoG also... that the fiscal consolidation is sustainable. The current account balance, which posted a surplus of 0.7... to lawmakers to take this into account. Greek banks The report showed that Greek banks’ non-performing loan

    1%