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Tracking Greece's fiscal performance
Agorabalance is recovering well from the large Covid-19 shock, despite the current energy price crisis... time. Figure 1 shows the overall fiscal balance over 10 years through 2022-Q2 as reported by two key... data point represents the general government fiscal balance over the past 4 quarters. Thus, we see
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Newsletter 137 -27/10/2017
/A balance records surplus of 1.83 bln while consolidations expand unpaid SSCs As part Greece’s obligation... balance for 2016 has been downward revised to 0.5 percent of GDP, from 0.7 percent in April... of GDP. The primary balance in 2016 was 3.7 percent of GDP, government expenditure dropped below 50
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December current account deficit at 1.51 bln and 5.28 bln for 2018
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit of 1.51 billion euros in December... by a worsening of the balance of goods excluding oil and the oil balance. The deficit of the balance of goods... by a worsening of the oil balance deficit as mentioned, which grew by 80.7 million. The services balance
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April current account deficit at 1.34 bln as goods deficit grows
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit of 1.34 billion euros in April, deepening... of the deficit was deterioration in the balance of goods along with a worsening primary income account. Specifically, the deficit for the balance of goods worsened by -502.8 million to 1.68 billion, while
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Newsletter 172 -27/07/2018
improvements to the running of the country. S&P keeps rating stable, outlook positive Travel balance shows... to manifest itself in the latest macroeconomic indicators from Greece. The travel balance rose... balance came to a strong surplus of 1.27 billion euros compared to a surplus of 921.4 million euros
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Credit contraction stays at 1.4 pct in November, loans to enterprises turn positive
EconomyMacroeconomy, Bank of Greece (BoG) figures showed on Thursday. As a result, the outstanding balance decreased... million from a negative balance of -974 million euros. The corporate lending balance was also positive and came to 269 million euros from a negative balance of -562 million euros in October
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November current account deficit at 1.41 bln as import value outstrips exports
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit 1.41 billion euros in November compared... by a deterioration in the balance of goods along with a worsening in both the primary and secondary income accounts. The deficit of the balance of goods worsened by 235.9 million, growing by 16.2 percent YoY
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May current account shows surplus of 191.5 million as underlying indicators improve
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a surplus of 191.5 million euros in May, reversing... drove the improvement in the balance, leading it to come to a surplus in May. The deficit of the goods balance fell by 8.3 percent to 1.39 billion. Exports noted a rise of 14.8 percent to 2.86 billion
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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a surplus of 1.58 billion euros in July, showing... by strong performance in the services surplus which offset a deepening of the balance of goods deficit. The deficit of the balance of goods worsened by 198 million, or 13.1 percent, to 1.71 billion
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Newsletter 175 -21/09/2018
. Excluding off-balance sheet items, the NPE stock was reduced by 3.8 billion euros quarter-on-quarter (QoQ... and cash buffer disbursement drive figure Greece’s central government primary cash balance recorded..., of which 914 million were paid in August. The overall primary balance in the aggregate period
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