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Travel balance of 15.7 bln in 2022 beats 2019 levels, arrivals yet to catch up
EconomyMacroeconomyin 2021, up roughly 32 percent year-on-year. Travel payments rose by 55.9 percent to 112.7 million euros. During the full year in 2022, travel receipts rose by 67.9 percent to 17.63 billion euros... in the aggregate period versus 702.4 euros last year and 564 euros in 2019. Receipts from the EU27 came to 9.98
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Newsletter 373 - 10/03/2023
be an indication of reduced activity on this front in the current year. General government spending dropped..., at 4.9 pct, with goods exports marking another record year. Imports outpaced exports growth, rising... push this year’s growth to 2 pct, from 1.6 pct in the budget baseline. This could settle any fiscal
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Car sales contract by 8.2 pct YoY in Feb amid drops for used passenger vehicles and lorries
EconomyMacroeconomyin February, dropping by 8.2 percent year-on-year (YoY) after a solid jump of 54.6 percent in January..., the year-on-year change was a 38.3 percent jump. Car sales in February came to 17,233 compared to 18,251...) up 18.2 percent. Motorcycle sales decreased by 14.7 percent from a year earlier to 3,045
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Budget primary balance beats target by 2.39 bln in Feb as taxes outperform
EconomyMacroeconomy(MoF) budget execution data released on Thursday. In the first two months of the year, the budget... to the better performance of the previous year’s taxes collected in instalments until the end... in the collection of the current year’s taxes, such as VAT and Excise taxes. It is also due to 470
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Industrial turnover rises 17.7 pct YoY in Jan, but falls sharply MoM at home and abroad
EconomyMacroeconomyGreece’s industrial turnover remained strong in January, rising by 17.7 percent year-on-year (YoY... cry from the increase of 42.4 percent in August. After more than one year of contraction, the index posted growth of 18.2 percent in March 2021 and has been growing ever since. In May last year
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Strong start for travel receipts in Jan, rising by 72 pct YoY to 224.2 mln
EconomyMacroeconomyeuros in 2022, up roughly 72 percent year-on-year. Travel payments rose by 129 percent to 197.9... 381.6 in January 2022. During the full year in 2022, travel receipts rose by 67.9 percent to 17.63... euros in the aggregate period versus 702.4 euros last year and 564 euros in 2019. Receipts from
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Car sales jump by 28.4 pct in Mar, rise by 21.5 pct in Q1
EconomyMacroeconomyby 31.3 percent year-on-year (YoY), after dropping by 8.2 percent in February, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In March 2022, the year-on-year change was a 5.6... sales increased by 44 percent from a year earlier to 5,839. There was a mixed picture in the road motor
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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyaccount balance will remain in significant deficit this year, falling to 8 pct, from 9.7 pct last year, and at 6 pct in 2024, before moderating to 3 pct by 2028. Unemployment will fall by 1 percentage... Fiscal Monitor seeing the budget deficit fall below 3 pct this year to 2.4 pct and almost halve
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Newsletter 379 - 05/05/2023
is fully committed to the agreed fiscal path with eurozone lenders. The primary surplus next year is seen... last year. Despite headwinds in the global landscape and the challenging monetary stance, the economy... the eurozone central bank increased its rate by 25 basis points to 3.75 pct, from zero last year
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Alpha Bank's normalised profit at 162 mln in Q1, NII jumps by 51 pct to 424 mln
EconomyBankingpercent year-on-year, from 281 million in Q1 2022. Net fee and commission income was 88 million euros in Q1, from 106 million euros last year. Trading income was down to 24 million euros, from 120... million a year ago. Loan loss impairments rose by 42 percent to 72 million euros, from 51 million
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