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More changes needed to unlock private sector's potential, report says
EconomyFeaturesadded affected micro firms (less than ten employees) the most but also impacted small businesses (ten to 49 employees),” they add. “By 2017, the nominal gross value added had fallen to around 40... generate a slightly higher share of value added than ten years ago, the share of technology
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Newsletter 275 -27/11/2020
a ten-year plan for the transformation of the Greek economic model. The report includes radical changes... in changed targets The budget primary balance recorded a deficit of 9.07 billion euros in the first ten... balance landed on a deficit of 2.57 billion euros for the first ten months of the year. The primary
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Newsletter 277 -11/12/2020
billion euros in the first ten months of the year compared to a surplus of 5.64 billion in the same... ten months, revenues decreased by 9.9 percent YoY to 60.82 billion. In absolute terms, the greatest... decline The aggregate figure for the first ten months of the year showed that the trade deficit
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Current account deficit increases to 767.4 mln in Oct as service surplus shrinks
EconomyMacroeconomybillion, landing at 3.34 billion in the ten months. Travel receipts fell 4.04 billion euros, compared... a deficit of 107.8 million last year. In the ten months of the year, the primary income account had... a deficit of 8.2 million last year. In the ten months, the surplus was 1.84 billion, from just
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Govt unveils new Covid support measures amid growing public anxiety
PoliticsGreek Politics. An overwhelming majority of respondents – eight in ten – said that they did not have access to any state support during the pandemic, while six in ten said they did not have access to bank credit. While the government is pinning its hopes on EU funds for the post-pandemic recovery, eight out of ten respondents
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Current account deficit widens to 780.8 mln in Oct, led by deterioration in goods balance
EconomyMacroeconomyyear as it stands at 6.37 billion euros in the first ten months, from 9.09 billion euros up to October... jumped to 31.65 billion, from 23.61 billion euros in the ten months of 2020. Imports also soared... million, from a deficit of 26.5 million in October last year. In the first ten months of the year
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Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show
Economytargets for the full year paving the way for the ultimate target of reaching a general government
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Greece on way to 2013 primary surplus as budget outperformed targets by 3.85bn euros to August
Economy- if not exceeding - budget targets for the full year paving the way for the ultimate target of reaching a general
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Why did Greece return to bond markets now? Was it the right decision?
Economyis just one paving stone in this process. It signifies an end to one part of the crisis, which saw
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Greece raised lower than expected amount from 3-year bond issue, yield at the high end
Economy. This would allow the disbursement of the next sub-tranche of 1 billion also paving the way for Greece
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