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General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
EconomyMacroeconomywas noted in local governments with a fall of 17 million, bringing the total figure to 165 million euros. The equivalent figure for the same time last year was 182 million. A smaller fall of 2 million euros..., the state budget primary balance showed a fall of 486 million euros, landing at 494 million euros
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Newsletter 247 -10/04/2020
to fall by an average of 60 percent. Only 18 percent of businesses expected that they would... a fall of 43.1 percent. Trade deficit up by 7.8 pct in February Figure for first two months showed... percent decrease in the electricity supply index, followed by a 2.1 percent fall in the manufacturing
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Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeaturesis anticipated to fall by 87 percent. The USA contributed 6.5 percent of overall tourism revenue... on domestic flights. Spending on hotel and resort stays is expected to fall by 79 percent. In addition... to fall by 63 percent. Finally for Italy, which made up 6 percent of tourism revenue in 2019
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General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomy-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 512 million... million. Overall, the state budget primary balance showed a fall of 2.68 billion euros, landing... ago. The next largest fall was in sales of non-financial assets with a decline of 994 million, taking
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OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
EconomyMacroeconomythat GDP will fall by up to 8 percent in 2020 under a single-hit scenario, with a recovery of 4.5 percent in 2021. If there is a second virus outbreak later in the year, Greece’s GDP is forecast to fall... as high as 20.4 percent under a double-hit scenario. Private consumption is expected to fall by 8
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General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
EconomyMacroeconomy-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 1.05 billion.... Overall, the state budget primary balance showed a fall of 5.53 billion euros, landing at a deficit.... The next largest fall was in sales of non-financial assets with a decline of 1.24 billion, taking
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Current account shows deficit of 913.9 mln in May as travel receipts evaporate
EconomyMacroeconomy, falling by 39.7 percent YoY. At the same time, total exports reached 1.98 billion euros, a fall of 33.5 percent YoY. BoG noted that the fall in imports and exports largely stemmed from a decline... of the balance of goods decreased thanks to a fall in imports at a faster pace than the decline
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Newsletter 259 -24/07/2020
the EU but not euro-denominated showed a fall of 97.8 percent to 2.5 million. Receipts from non-EU... to a fall of 87.5 percent YoY. The Hellenic Chamber of Hotels (HCH) has released its latest survey... to fall by an average of 65.5 percent, while 98 percent of hotels that operate seasonally expect
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PMI drops to 46.8 points in July amid Covid-19 uncertainty
EconomyMacroeconomypandemic which impacted domestic and foreign client demand. Output continued to fall at Greek manufacturing... The fall in output reportedly stemmed from a solid decrease in new business. Some firms connected... was marginal. Output charges continued to fall as firms used discounts to attract new clients
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General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomy-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 636 million... against 1.24 billion euros last year. Overall, the state budget primary balance showed a fall of 9.33... 25.63 billion a year ago. The next largest fall was in sales of non-financial assets with a decline
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