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Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment
EconomyMacroeconomyrelated to the turnover indices for the services industries and unemployment, which were... of goods and services fell by 7.1 percent QoQ in Q3 after a marginal decrease by 0.5 percent in Q2. The performance in Q3 fully reflects a nosedive in exports of services by 16.1 percent more than a rise
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Newsletter 154 -9/03/2018
as exports of goods and services rising by 6.8 percent. Imports of goods and services increased by 7.2 percent. The MoF’s final budget for 2018 had anticipated exports of goods and services to rise by 6.9 percent in 2017, and for imports of goods and services to rise by 6 percent. The latest MoF forecast
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March current account deficit at 955.8 mln on improvement in goods balance
EconomyMacroeconomythe services balance declining by 81.2 million, and the secondary income balance falling by 18.8 million... percent to 4.36 billion. The services balance fell by 21.3 percent and came to just under 300 million euros, mainly driven by lower net services and travel receipts. Travel receipts rose by 28.2
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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomywas driven by exports of goods and services rising by 1.4 percent QoQ, led primarily by exports of goods which rose by 5.1 percent QoQ. Imports of goods and services fell by 2.7 percent versus Q4. Final... 11.4 percent. Exports Exports of goods and services rose by 1.4 percent QoQ after declining by 2.3
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GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
EconomyMacroeconomymovement was driven by exports of goods and services that rose by 3.9 percent QoQ, although the rise was offset by imports of goods and services that increased by 4.8 percent versus Q1. Final... and services rose by 3.9 percent QoQ after an upward revised growth of 1.8 percent QoQ in Q1. The growth
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomyin the current transfers and services’ surpluses by 468 and 385 million respectively. In addition, income... balance led to a significant improvement in the transport services balance. The latter was the key contributor to the recorded jump in the services surplus by 92 percent. The travel balance remained
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Greek current account balance turns negative in October after four month of surpluses
EconomyMacroeconomyto a widening of the services surplus by 199 million and the improvement in the current transfers’ balance... previous months, the rise in the services’ surplus mainly reflects a double-digit improvement in the transport (sea and air) and other services balance. In contrast, the growth of travel receipts slowed
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Greek current account deficit widens by 27.4 pct in Feb
EconomyMacroeconomyand to a lesser extent from the weakening of the services and secondary income balances by 112 and 87... the impact of oil and ships the goods’ deficit showed a small rise. The drop in the services’ surplus by 18.2 percent YoY primarily reflects lower net receipts from construction services
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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomythan offsetting a decline in the services’ balance by 142 million. In addition, the secondary income... billion respectively. The services’ surplus dropped by 3.9 percent primarily due to lower net transport and other services receipts. In contrast, travel receipts improved by 7.3 percent to 3.4 billion
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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomyof the crisis. Between 2009 and 2017, exports of goods and services rose from 19 percent of GDP to 33.2... be pinpointed to a much slower level of export growth for the Greek services sector. Internal factors... such as growing competition are the drivers behind low exports of services, particularly regarding
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