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Current account surplus widens to 838 mln in Sept on shrinking goods deficit
EconomyMacroeconomya higher drop in imports (-22.8 percent) compared to that of exports (-14.7 percent) amid capital... of 22.2 percent in the goods deficit in the 9-month period is attributed to a larger drop... in the 9-month period largely reflects a drop in net transport receipts, while travel receipts improved
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Current account deficit more than halves to 708 mln in March
EconomyMacroeconomyoffset a drop in the services surplus by 124 million. The breakdown showed the decline in the goods... slightly improved. Meanwhile, the drop in the services’ surplus is mostly attributed to a sharp decline.... The year-on-year improvement in Q1 stems from a notable drop in the goods’ deficit by 870 million
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ATHEX net profits down 54 percent in Q1 2016
Economyunease that caused a 57 percent drop in net consolidated profits compared to 2014. The turnover... the drop in the group’s consolidated revenue were cited as the drop in both trading activity... 20 percent drop). Market liquidity, as measured by turnover velocity, went down to 45.8 percent
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PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months
EconomyMacroeconomyfor Greek manufacturers. Markit noted that the worsening in May largely reflects a solid drop in new order intakes, a drop in output and job shedding. In specific, the survey showed that the rate of drop... sector started to shed jobs after creating them in the two previous months. The drop in the workforce
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Industrial turnover falls by 9.4 pct in June
EconomyMacroeconomyon year in June from a revised 13.6 percent drop in May, according to data released by ELSTAT... percent, followed by consumer non-durables with an 8.6 percent drop. Capital goods broke the trend...-domestic market that saw a decline of 12.7 percent, while the domestic market drop was 7 percent
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Industrial turnover drops by 2.4 pct in February
EconomyMacroeconomy. The drop in the domestic market was driven by mining and quarrying turnover dropping by 12.4 percent while manufacturing fell by 1.2 percent. In the non-domestic market, the drop in turnover was led... fell to 7.9 percent. The monthly movements in mining were led by the sharp drop of 61 percent in coal
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Company closures dropped sharply during the pandemic
EconomyFeaturesin the jobs market, where monthly figures from the Labour Ministry’s Ergani database show a huge drop in both... in the number of closures to 158. The biggest drop was in information and communication, where there were 40.3 percent fewer closures, and construction, where the drop was 32.8 percent. There were
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Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
EconomyMacroeconomyBuilding activity tumbled in March with a collapse of 41.3 percent year-on-year, after a sharp drop... dropped by 43.3 percent. On a regional basis, the picture was all negative, with the biggest drop recorded in Ipeiros in north western Greece with 70.9 percent, while Attica also recorded a sharp drop
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Building activity continues to slide in Apr, 4M permits down 26 pct YoY
EconomyMacroeconomyBuilding activity continued its slide in April with a drop of 17.3 percent year-on-year, after..., with the biggest drop recorded in Western Macedonia with 47.2 percent, while Attica also recorded a sharp drop of 26.5 percent. The domestic construction market has gone essentially on hold since a recent
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Trade deficit to July eased by 17.4 pct to 11.2 billion euros
EconomyMacroeconomycompared to the 18.8 percent decline recorded in the first half of the year. The drop in July reflects... figures excluding the oil impact indicating a drop in both accounts at 4.8 and 5.8 percent.... The impact of oil bill was more pronounced in 7-month exports, which exhibited a 2.6 percent drop
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