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Greece returns to growth after long recession, GDP figures show
EconomyMacroeconomyThe Greek economy exited the recession in Q2 2014, posting the first GDP growth after 16 successive... revealed that Greek GDP had also posted growth during the crisis year of 0.5 percent in Q1 2010. ELSTAT... with the official forecast by the troika institutions and the Greek government. GDP at current prices, which
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Current account deficit at 1.22 bln in Nov, down 18.6 pct
EconomyMacroeconomylower but they could be recorded since they were conducted outside the Greek banking system due... billion in non-residents’ investment in Greek shares, particularly banks during their recapitalization... liabilities fell by 2.4 billion largely attributed to a decline in non-residents’ investment in Greek
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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomybonds two Greek banks received during their recapitalisation process. Residents’ net external liabilities rose by 1 billion largely due to non-residents’ investment in Greek shares, mainly the recent... liabilities declined by 1.4 billion mostly due to a drop in non-residents’ investment in Greek
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EU meets on refugee crisis, bailout review but Greece's immediate fate seems sealed
PoliticsForeign PolicyGreek authorities are to deal with such large numbers of arrivals if they have to stay in the country for weeks or months. The Greek government has been preparing public opinion... to 35,000 over the weekend, according to Greek authorities. At the same time, the draft conclusions
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Newsletter 144 -15/12/2017
emerges once more Greek government officials attempted to put Turkish President Recep Tayyip Erdogan... billion of taxes collected per month, another 1.04 billion of unpaid taxes remain outstanding. Greek... straight quarter. The Greek non-seasonally-adjusted unemployment rate fell to 20.2 percent
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November current account deficit at 954 mln, goods balance improves
EconomyMacroeconomyof the parent company Nestlé S.A. (Switzerland) in the capital increase of its Greek subsidiary Nestlé... from a 528 million rise in non-residents' holdings of Greek government bonds and T-bills. During... by a fall of 2 billion in non-residents holdings of Greek government bonds and T-Bills. Reserve assets fell
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December current account deficit at 1.51 bln and 5.28 bln for 2018
EconomyMacroeconomy(Belgium) in the capital increase of the Greek consortium SENFLUGA Energy Infrastructure Holdings... due to a decline of 166 million in non-residents’ holdings of Greek government bonds T-bills. During...-residents holdings of Greek government bonds and T-Bills. Reserve assets declined month-on-month to 6.63
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Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
EconomyMacroeconomyto 3,214. Record year The Greek Tourism Confederation (SETE) annual outlook had predicted that tourist... visitors by land and air, surpassing the prediction. Tourism remains a main pillar of the Greek economy..., changes in regional economies and lack of investment in Greek tourism. The study noted that based
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Newsletter 281 -22/01/2021
First step taken to ease lockdown Retail sector re-opens under conditions as MoF ponders more... steps after the retail sector was allowed to re-open, under certain conditions, on Monday... payments also decreased by 90.2 percent and came to 20.3 million. Foreign arrivals dropped by 81.1 percent
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Turnover in tourism grows by 2.8 pct during Q4 and 9 pct in 2018
EconomyMacroeconomyin 2017. The latest figures from the Greek Tourism Confederation (SETE) showed that foreign airport... by 19.2 percent in 2018 to 337.8 million. The Greek Tourism Confederation’s (SETE) annual outlook... in 2018, a rise of 10.1 percent. This reflects an increase in arrivals by 10.8 percent in 2018 compared
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