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Greek trade deficit widens by 29.4 pct in July as import rate soars
EconomyMacroeconomylast year. The evolution in July reflects a slight drop in exports by 1.1 percent and an increase... by a modest 1.1 percent, while the respective figure from non-EU countries grew by 19.6 percent... rate stems from a drop in exports by 4 percent and a rise in imports by 2.2 percent. The absolute
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Economic sentiment and consumer confidence improve in April
EconomyMacroeconomyby 2.2 points in April after falling by 1.1 points in the previous month and stood at -72.2. This marked..., this indicator has risen by 12.1 points. The industry confidence indicator rose by 1.1 points in April after... (+4.2 points), the industry confidence indicator (+2.2 points) and consumer confidence (+1.5 points
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Newsletter 239 -14/02/2020
. EC ups growth to 2.2 pct in 2019 Strong performance of 15-year bond bodes well for market strategy... of the regular winter forecast cycle, revising upward its expectations for the growth of 2019 to 2.2 percent from... growth stands at 2.2 percent. Net exports are the main contributor for last year’s performance
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Newsletter 173 -07/09/2018
of 2.2 percent. Total employment reached 3.86 million people, marking the second time that the figure... workers in total are affected by the government’s decision. SYRIZA is hoping that the combination..., the highest since Q3 2016. Gross capital formation declined by 2.2 percent QoQ. The MoF expects strong
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Athens buoyed by EU, US support over maritime spat with Turkey
PoliticsForeign Policyon the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments
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A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
PoliticsForeign Policycountries. But it also accomplished a rapprochement with Libya. Greece’s decision to extend its... was its rapprochement with Libya. That was accomplished with numerous visits by Greek officials, including... for the first time a high-level meeting on Libya on November 12, in Paris. Greece had been excluded twice from
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Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBankingto profits of 1.1 million in the previous quarter. As the results revealed, higher commission income... PPI increased by 1.1 percent to 627 million euros. Asset quality The non-performing exposure (NPE... quarters. As mentioned, the target for NPE stock across the rest of the year is for the total to stand
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Greece’s downstream oil industry adapts to shifting demands
EconomyFeaturesfor refined petroleum exports with a total of USD 8 billion or 1.3 percent of the global total and 29.9..., followed by Iran (until sanctions in 2012), Libya, Saudi Arabia and Kazakhstan. As of January this year... with the total including indirect employment coming to over 20,000 people. According to the report
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CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
EconomyMacroeconomyaverage HICP for 2017 was positive by 1.1 percent. The main driving force behind the year-on-year... in miscellaneous goods and services (-2.2 percent), household equipment (-2.1 percent) and clothing... percent) and hotels, cafes and restaurants (+1.1 percent). Month-on-month, the CPI fell by 1.6
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Newsletter 224 -18/10/2019
this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent... surplus over the next three years before a total deficit of 0.5 percent in 2023 and 2024. The IMF... it expects to run a total surplus of 0.1 percent next year. Tax repayment scheme receives strong
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