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Current account shows deficit of 1.46 bln in March as imports rise
EconomyMacroeconomyGreece posted a current account (C/A) deficit of 1.46 billion euros in March compared to 840.3 million euros in February, Bank of Greece (BoG) data showed on Friday. In March 2020, the balance showed a deficit of 1.12 billion euros, meaning that the month’s deficit worsened by 342.5 million euros
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Travel balance falls by 71.7 pct in March
EconomyMacroeconomyGreece’s travel balance came to a surplus of 9.2 million euros in March from 32.5 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 71.7 percent year-on-year (YoY). Receipts came to 33.9 million euros for the month, falling by 63 percent YoY. Travel payments
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PM hails Covid certificate but concerns mount in tourism sector
PoliticsGreek Politicsbracket is at 35.3%. This data underlines that although the daily vaccination rate in Greece has picked
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Retail turnover drops by 3 pct and volume by 0.9 pct in March
EconomyMacroeconomyGreece’s retail sales index decreased by 3 percent in March following a revised drop of 4 percent in February, Hellenic Statistical Authority data showed on Monday. The index has now dropped in 12 of the last 13 readings, showing the impact of Greece’s lockdowns. The corresponding volume index fell
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Trade deficit rises by 70.7 pct in April, mainly due to base effect
EconomyMacroeconomyGreece’s trade deficit rose by 70.7 percent year-on-year (YoY) in April compared to an increase of 26.6 percent in March, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed. The deficit came to 1.84 billion euros for the month. Imports totalled 5.01 billion euros
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CPI rise by 0.1 pct YoY in May, turning positive on energy base effects
EconomyMacroeconomyreading of -2.2 percent seen in July 2015. The data showed that the core index fell by 1.7 percent
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Industrial production up by 22.5 percent in April after last year's lockdown
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 22.5 percent year-on-year (YoY) in April following a revised increase of 5.7 percent in March, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday. Month-on-month (MoM), the index rose by 2.8 percent after an increase of 6 percent
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Building permits jump by 42.9 pct in March, from year-earlier start to lockdown
EconomyMacroeconomyBuilding permits increased by 42.9 percent year-on-year (YoY) in March after a decrease of 3.2 percent seen in February, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The total number of permits came to 1,913. The increase from last year was when the country began its
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Car sales increase by 57.2 percent in May
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 54.1 percent in May compared to a jump of 361 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday. In May 2020, the year-on-year change showed a drop of 44.2 percent, leaving last month’s total number
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More Greeks waved forward for vaccine as basic coverage edges to 40 pct
PoliticsGreek Politicsremain below 70 pct, at 67.9 and 69.9 pct, according to the latest data published by the European Centre
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