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  1. Trade deficit falls by 10.3 pct in June
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    Greece’s trade deficit fell by 10.3 percent year-on-year (YoY) in June compared to a drop of 47.7 percent in May, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed... a drop of 9.2 percent YoY. At the same time, exports totalled 2.55 billion euros, recording a drop of 8.5

    5%
  2. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    , to fall by more than 10 pct annually. Beyond that, Athens sees a moderate drop in the last quarter... even deeper than the second quarter drop. In the medium-term, the Fund expects Greece to return... pct of GDP deficit in 2019. In 2021, the deficit will drop to 4.5 pct and more in line

    5%
  3. Newsletter 269 -16/10/2020

    Newsletters

    that, Athens sees a moderate drop in the last quarter of the year. This is its base case scenario, which... being a major drag that could push third quarter GDP even deeper than the second quarter drop... will drop to 4.5 pct and more in line with the recent trend with a current account deficit of 3.6 pct

    5%
  4. Trade deficit falls by 30 pct in October as imports and exports remain slow
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s trade deficit fell by 30 percent year-on-year (YoY) in October compared to a drop of 24 percent in September, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed... a drop of 16.9 percent YoY. At the same time, exports totalled 2.68 billion euros, recording a drop

    5%
  5. Industrial production drops by 3.7 percent in Oct
    Image via www.viohalco.com

    EconomyMacroeconomy

    . The annual movement in the index was driven largely by a 7.2 percent drop in the electricity supply.... The aggregate decline was driven by an 8 percent drop in the electricity supply index, followed by the mining... the fastest since data collection began in May 1999. The decline stemmed from a notable drop in new

    5%
  6. Trade deficit falls by 18 pct in November
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 18 percent year-on-year (YoY) in November compared to a drop of 30 percent in October, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed... a drop of 9.4 percent YoY. At the same time, exports totalled 2.63 billion euros, recording a drop

    5%
  7. Retail turnover drops by 12.3 pct and volume by 11 pct in December
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index decreased by 12.3 percent in December following a revised drop of 8.5... was the biggest decrease since April’s drop of 24.5 percent, and shows the impact of Greece’s... by a drop of 27.8 percent in automotive fuel. This was followed by books, stationery and other goods (-26.9

    5%
  8. Travel balance falls by 89.3 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    a rise of 5.8 percent to 112.2 million euros. For euro-denominated countries, receipts showed a drop... in the current aggregate period compared to last year. Payments also recorded a drop of 88.3... versus 353.10 euros for the same period last year. In total, arrivals showed a drop of 87.9 percent

    5%
  9. Travel balance almost doubles in April from last year's lockdown
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of 2020, the YoY change showed a drop of 97.1 percent to 7.5 million euros. For euro-denominated.... Payments recorded a drop of 75.9 percent to 96.9 million, which took the overall travel balance..., arrivals showed a drop of 79.7 percent in the first four months of the year and came to around 378,300

    5%
  10. Travel balance increases more than eightfold in May from last year’s lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    month of 2020, the YoY change showed a drop of 97.4 percent to 21.7 million euros. For euro... of the year, travel receipts fell by 51.2 percent to 317.4 million euros. Payments recorded a drop... in the aggregate period versus 337.4 euros for the same period last year. In total, arrivals showed a drop

    5%