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  1. Turnover in services remains broadly positive in Q4 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the services index increased by 8.4 points month-on-month to 33.6 points. Year-on-year, the service... (+42.6 percent) and information service activities (+35.5 percent). It should be noted... percent), employment activities (+121 percent) and information service activities (+38 percent

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  2. Newsletter 152 -23/02/2018

    Newsletters

    billion at the end of December. December C/A deficit at 1.24 bln Falling services balance causes..., this was driven by a worsening balance in all main components, except for the balance of goods. The services... to a services balance of 10.7 million, which is 34.5 million euros lower than that observed at the same

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  3. Fiscal consolidation leads Greek 9-month primary cash balance to 2.76 bln

    EconomyMacroeconomy

    Greece’s central government primary cash balance showed a surplus of 2.76 billion euros in the 9-month period, from deficit of 3.32 billion last year, according to the Bank of Greece (BoG... balance is more pronounced with the cash deficit shrinking by 75.1 percent to 2.21 billion euros from

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  4. Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln

    EconomyMacroeconomy

    . As a result, the December travel balance turned to a deficit of 27.9 million from surplus of 20.8 million.... Overall, the travel balance for 2014 showed a surplus at 11.37 billion, up 10.2 percent, implying

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  5. Deposit outflows eased to 3.86 bln in May, balance below 130 bln

    EconomyMacroeconomy

    Greek private sector deposit outflows eased to 3.86 billion in May from 4.66 billion in Apr, according to the Bank of Greece (BoG). The outstanding balance fell below the 130-billion mark to 129.92... on the end-November balance of 164.3 billion. The depositor sentiment was initially hurt by political

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  6. June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years

    EconomyMacroeconomy

    Greek private sector deposit outflows accelerated to 7.58 billion euros in June from 3.86 billion in May, according to the Bank of Greece (BoG). The outstanding balance fell further to 122.23 billion... corresponding to a sharp drop by more than 26 percent on the end-November balance of 164.3 billion. Almost

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  7. Primary cash balance turns to 295 mln deficit in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash balance turned to a deficit of 295 million euros in the 3-month period of 2017 from surplus of 2.85 billion a year ago, Bank of Greece (BoG) figures showed... paid in March. The overall cash balance also posted a deficit of 251 million compared to a surplus

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  8. Primary cash balance records deficit of 404 mln euros in 4-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government primary cash balance turned to a deficit of 404 million euros in the first four months of 2017, from a surplus of 2.93 billion euros last year, Bank of Greece (BoG... million were paid in April. The overall cash balance also recorded a deficit of 188 million euros

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  9. Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance fell by 135.2 percent year-on-year in February compared to a rise of 3.4 percent in January, Bank of Greece (BoG) data revealed on Monday. Receipts came to 151.9 million euros.... This led to the travel balance landing on a deficit of 6.9 million for the month, compared

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  10. Travel balance falls by 4.1 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance edged down to 200.3 million euros in April from 208.8 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decline of 4.1 percent. Receipts came.... Payments also recorded a rise of 22.8 percent to 884.8 million, which took the overall travel balance

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