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  1. Newsletter 411 - 09/02/2024

    Newsletters

    (HFSF), with the transaction attracting very strong interest. Total demand exceeded the offered... by 20 pct, bringing the total to 31.05 billion euros. Imports dropped by 13.3 pct, while exports

    11%

  2. Current account deficit drops sharply to 14.13 bln in 2023 as energy effects moderate
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of almost 3 billion euros in the same month last year. Total imports came to 6.36 billion euros in December, from 7.47 billion last year. At the same time, total exports came to 3.6 billion euros

    11%

  3. Record year for tourism in 2023 with 20.46 bln in receipts, 32.74 mln visitors
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    increased to 2.45 billion, bringing the total travel balance to 18.01 billion euros, a significant... countries amounted to 8.59 billion euros. In total, arrivals rose by 17.6 percent to 32.74 million

    11%

  4. Jan current account in surplus, trade balance worsens as exports drop again
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    , compared to a deficit of 2.47 billion euros in the same month last year. Total imports came to 6.63 billion euros in January, from 6.86 billion last year. At the same time, total exports came to 3.94

    11%

  5. Travel balance surplus more than doubles YoY in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    increased to 2.45 billion, bringing the total travel balance to 18.01 billion euros, a significant... countries amounted to 8.59 billion euros. In total, arrivals rose by 17.6 percent to 32.74 million

    11%

  6. Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , compared to a deficit of 2.28 billion euros in the same month last year. Total imports came to 7.02 billion euros in February, from 6.64 billion last year. At the same time, total exports came to 3.91

    11%

  7. Government touts upgrades to civil protection amid early start to wildfire season
    Image: https://civilprotection.gov.gr/

    PoliticsGreek Politics

    wildfire season on record with a total burnt area of 125,000 hectares. The increasing severity... some fresh faces and technocrats on their ballots, Greece will elect a total of 21 MEP across all

    11%

  8. Piraeus Bank net interest income jumps by 16 pct to 518 mln in Q1, commission income up 19 pct
    Image via www.piraeusbank.gr

    EconomyBanking

    2023. Net trading income was a loss of 4 million euros. Total operating expenses stood at 193... the total capital ratio was at 18.5 percent.

    11%

  9. Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism
    Photo by MacroPolis

    EconomyMacroeconomy

    by 115,672 people, with total employment staying well above the four-million mark, at roughly 4.33 million... by 56,235 jobs, deteriorating by 1,252 jobs year-on-year. Total hires were 644,069, against 587,834

    11%

  10. Q1 current account deficit widens to 4.15 bln as exports continue to shrink
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in March, unchanged from the same month last year. Total imports came to 6.78 billion euros in March, from 7.32 billion last year. At the same time, total exports came to 4.2 billion euros, from 4.74

    11%