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Current account shows deficit of 1.4 bln in May as imports rise
EconomyMacroeconomyGreece posted a current account (C/A) deficit of 1.4 billion euros in May compared to 2.08 billion euros in April, Bank of Greece (BoG) data showed on Wednesday. In May 2020, the balance showed...-on-year (YoY). According to the BoG, May’s performance is mainly due to a worsening in the balance
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Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
EconomyMacroeconomybillion euros. The budget balance up to May came to a deficit of 4.07 billion euros, from a 10.8-billion-euro deficit in May 2021. The overall deficit is better than the target by 2.43 billion euros..., above the target by 574 million euros. Expenditure In May, overall expenditure stood at 26.35 billion
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Trade deficit jumps by 84.7 pct in May, reaching 14.7 bln for 2022
EconomyMacroeconomyThe rise in Greece’s trade deficit accelerated in May, jumping by 84.7 percent year-on-year (YoY... percent YoY. Exports totalled 4.78 billion euros. This is an increase of 47.9 percent compared with May... the value of oil products and ships, the trade deficit rose by 64.8 percent YoY in May, to 2.53 billion
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Car sales pick up pace in May, up 13.8 pct in first five months
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time accelerated in May, rising by 5.6... Statistical Authority (ELSTAT) data released on Tuesday. In May 2022, the year-on-year change was a 21.3 percent rise. Car sales in May came to 22,877 compared to 21,655 in 2022, a rise of 5.6 percent
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VAT, income taxes help push May budget primary balance above target by more than 3 bln
EconomyMacroeconomyThe budget primary balance in May was confirmed to be a surplus of 2.3 billion euros, compared... to May showed a deficit of 1.12 billion euros, from a 4.07-billion-euro deficit in 2022. The overall..., 459 million more than the target. Expenditure In May, overall expenditure stood at 27.37 billion
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Credit growth slows to 3.1 pct in May, as flow to corporations contracts
EconomyMacroeconomyThe pace of credit movement in the Greek private sector continued to slow in May, rising by 3.1... the trend had been declining since and May was half the previous high. The net lending flow was negative by 275 million euros in May, after a 789 million euros drop in April. The outstanding balance
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Revenues continue beating targets in May, tight rein on spending remains
EconomyMacroeconomyThe budget primary balance ran a surplus of 5.35 billion euros up tp May, according... balance up to May showed a surplus of 1.88 billion euros, from a 535 million euros deficit up to May...-March. Tax refunds came to 3.82 billion euros, above target by 1.13 billion euros. Expenditure By May
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Trade deficit falls sharply in May, at 13.41 bln in 5M
EconomyMacroeconomyGreece’s trade deficit dropped sharply by 31.6 percent year-on-year (YoY) in May, after a 6.9... euros for May. Imports totalled 6.47 billion euros, dropping by 14.7 percent YoY. Exports totalled 4.18 billion euros, falling by 1.3 percent. In May last year, the trade deficit was 3.35 billion
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Budget continues to perform strongly with 3.64 bln surplus up to May
EconomyMacroeconomyThe budget primary balance landed at a surplus of 3.64 billion euros up to May, according... budget balance up to May showed a surplus of 91 million euros, from a 1.88 billion euros surplus in May 2024. The overall balance is better than the target by 2.27 billion euros. Revenues At 30.2
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Car sales remain strong, rising by 3.3% YoY up to May
EconomyMacroeconomyVehicles going into circulation for the first time had gains of 4 percent year-on-year (YoY) in May...) data released on Tuesday. In May 2025, licences had jumped by 16.3 percent annually. Car sales in May came to 26,897 compared to 26,051 in 2025, a rise of 3.2 percent. Motorcycle licences were up
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