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  1. Balance of payments shows shipping on course for bumper year, but economic benefits unclear

    EconomyFeatures

    Shipping provided the one bright spot in Greece’s trade balance in May, with transportation... it also accounted for over a third of all of service receipts, where historically it is surpassed only...”. It is not possible to gauge the impact of this particular strand of activity on the overall shipping balance from

    30%

  2. Current account balance turns positive in June thanks to improved services surplus
    Image: MacroPolis

    EconomyMacroeconomy

    , Bank of Greece (BoG) data showed on Tuesday. In June 2023, the balance showed a deficit of 731.5... last year. The deficit for the balance of goods came to 2.48 billion euros in June, from 2.7 billion... 2023. The impact of fuel moderated again as the oil balance reached a deficit of 341.6 million euros

    30%

  3. Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to October landed at a deficit of 7.2 billion euros, compared... (MoF) budget execution data released on Monday. The primary balance was broadly in line... have outperformed the target by 1.38 billion euros. The budget balance up to October recorded

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  4. June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government primary cash balance recorded a surplus of 6.49 billion euros... balance posted a deficit of 2.06 billion euros, representing a worsening by 1.17 billion euros... billion. Interest payments also rose by 305 million to 760 million euros. For the year to date, interest

    29%

  5. March current account deficit at 955.8 mln on improvement in goods balance
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the services balance declining by 81.2 million, and the secondary income balance falling by 18.8 million... percent to 4.36 billion. The services balance fell by 21.3 percent and came to just under 300... in the services balance in the aggregate period was due to a worsening in the other services balance, according

    29%

  6. Credit growth in January rises to 3.7 pct even as flow turns negative
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , compared with a 1.36 billion-euro increase. The outstanding balance decreased to 141.1 billion euros from 141.8 billion euros in December. The corporate lending balance's net monthly flow was negative with a 305 million-euro drop in lending, compared to an increase of 1.65 billion euros in December

    29%

  7. Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 4.81 billion euros in the first nine months of 2018... primary balance came to a surplus of 1.65 billion euros, rising from the surplus of 1.11 billion seen in August. The balance for the same month last year came to 998 million euros. The budget balance

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  8. Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 4.80 billion euros in the first nine..., the monthly primary balance came to a surplus of 1.64 billion euros, rising from the surplus of 1.11 billion seen in August. The balance for the same month last year came to 998 million euros. The budget

    28%

  9. April hirings balance positive by 110,895, aggregate balance highest on record
    Photo by MacroPolis

    EconomyMacroeconomy

    The employment balance was positive in April with 110,895 more hirings than departures, data from the Labour Ministry’s Ergani information system showed. Ergani noted that the balance for this April is the highest positive balance on record for the month since 2001. April’s figure is also the third

    28%

  10. December hirings balance positive by 5,970 with annual balance for 2018 up by 141,003 places
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The employment balance moved back into positive territory in December after two negative months... that the employment balance for December is the fourth consecutive positive balance for the month of December noted since 2001. December has normally been characterised by a negative employment balance

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