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Current account surplus reaches 1.68 bln in July thanks to services
EconomyMacroeconomy. The strong C/A surplus posted in July turned the year to date C/A balance to a surplus of 567..., while the trade deficit excluding oil and ships contracted. The strong performance in July further
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What is SYRIZA's stance on negotiations with the eurozone?
EconomyProgramme“subjugation or negotiation.” The leftist party is looking for a strong mandate at the ballot box to pursue... period and consequently from budget balance calculations. However, apart from its strong
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Tsipras makes unpopular choice for president, with eye on political balance
PoliticsGreek Politicsgain strong support, as shown by recent opinion polls, and is a platform for the future... about the position but was turned down. Karamanlis still retains strong support within New
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Manufacturing PMI drops to 46.5 in April, lowest reading since June 2013
EconomyMacroeconomyemployment pared back and stock levels lowered. At the same time, charges were reduced amid strong... the past eight months amid strong competition in a bid to support sales. This was evident despite
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Industrial production rebounds strongly in August with 4.5 pct rise
EconomyMacroeconomywith that in October 2012) since November 2007. The strong rise is largely attributed to electricity (+9... industrial activities displayed mixed trends. Strong double-digit growth was recorded in tobacco
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Car sales grow by 7 pct in Dec and by 13.5 pct overall in 2015
EconomyMacroeconomygrowth in 2015 follows a strong rise by 30.1 percent in 2014 and a modest increase of 1.3 percent in 2013... sources indicated that the strong rebound in 2014 largely reflected renewal of rent-a-car fleets
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Industrial turnover drops 10.1 pct in November, for thirteenth straight fall
EconomyMacroeconomypercent). Only one of the five main industrial groupings, namely consumer durables, recorded a strong...) and motor vehicles and trailers (-23.7 percent). On the flipside, strong growth was posted
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S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
Economypeaked in 2015. S&P forecasts the economy to stabilize in 2016, while anticipates a strong GDP... and strong tourism. Although S&P notes that there is a possibility the banking system, including smaller
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Fall in industrial turnover slows to 1.8 pct in December
EconomyMacroeconomypercent. The detailed breakdown showed strong growth rates in computer, electronic and optical... improvements in these areas occur, the prospect of strong economic growth looks unlikely
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Car sales down 17 percent in February
EconomyMacroeconomyincreased by 13.5 percent in 2015 after a strong rise by 30.1 percent in 2014 and a modest rebound by 1.3... with new and cheaper to run diesel models. In addition, the strong rise posted in May and June last year
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