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Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
EconomyMacroeconomypercent respectively. In absolute numbers though, the drop in imports was higher than that in exports... of a double digit rise in receipts (+16.3 percent) and drop in the corresponding payments (-12.3 percent.... From the other key C/A components, the sharp drop in the primary income surplus is attributed
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Greek current account surplus up to 1.6 bln in September after fourth straight rise
EconomyMacroeconomy, reaching 1.62 billion euros, up 67.3 percent year on year (YoY), according to the Bank of Greece... surplus reached 2.1 billion euros, up 12.3 percent YoY. The BoG is due to release more detailed figures...) and – to a lesser extent – from lower income deficit (by 430 million) mitigated by a drop
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Travel balance up by 81.4 pct in November, foreign arrivals increase
EconomyMacroeconomyin receipts is driven by a rise in foreign arrivals, which went up by 3.3 percent during the period... percent, while visitors from France rose by 13.1 percent. A drop of 17.8 percent was noted for arrivals... up by 11 percent, while a 0.7 percent fall in visitors from Russia was noted. Overall, arrivals
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Travel balance surplus up by 29 pct in Q1 to reach 165 mln
EconomyMacroeconomypercent in travel payments. Foreign visitors were up by 7 percent year-on-year, which was the main... and generated 161.3 million euros in revenue, up by 15.3 percent. Trips for leisure generated 375.8..., while a decline of 5.3 percent was noted in visitors by road. EU28 visitors edged up by 0.2 percent
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General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
EconomyMacroeconomymonths of the year, up by 713 million euros compared to the same period last year, according... (+124 million). A drop of 183 million euros was noted in the purchase of goods and services. Arrears... refunds make up the majority of arrears during the month, followed by SSFs (21.1 percent). Debt Central
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Government readies up to 2 bln in assistance for shuttered firms and employees
Economyby the shuttering of some businesses and the drop in turnover in various sectors of the economy. Staikouras said that the government estimates that up to 700,000 workers will be affected now. The interventions... on banks to come up with assistance plans for business and retail customers as soon as possible
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Amid virus gloom, govt lines up support for catering and targets swift upturn
PoliticsGreek PoliticsA ramping up of Covid-19 vaccines and self-tests will help Greece emerge quickly from the grips... to 755, while another 561 more people were admitted to the hospital. There has been no let-up... minister revealed that the government is willing to provide up to 330 million euros to the struggling
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CPI shoots up by 8.9 pct YoY and 2.7 pct on previous month
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) picked up more pace in March, rising by 8.9 percent year... increase of 0.1 percent and prices have been pushing up since. Prices had not grown at such a high annual... offset by a drop of 2.9 percent in communication. Reflecting the impact of the energy crisis
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Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March
EconomyMacroeconomywas up by 1.1 percent, with the mining and quarrying index increasing by 48.1 percent. Manufacturing... in mining and quarrying. In the non-domestic market, the increase was driven by a 1 percent drop... in manufacturing and mining and quarrying up by 23.8 percent. Monthly, the domestic market was up by 16.3
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Building permits pick up pace in Oct with 8.7 pct growth
EconomyMacroeconomyBuilding permits picked up pace in October, rising by 8.7 percent year-on-year (YoY), after a rise... mostly positive, with the biggest rise noted in Thessaly with 36 percent, and the largest drop in North..., permits were up by 9 percent YoY to 21,940. The corresponding surface is up by 15.6 percent while volume
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