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  1. March current account deficit at 955.8 mln on improvement in goods balance
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the 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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  2. GDP up by 2.3 pct year-on-year in Q1 on strong export growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was 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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  3. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    movement 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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  4. Greek current account balance turns negative in October after four month of surpluses
    Photo by MacroPolis

    EconomyMacroeconomy

    to 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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  5. Greek current account deficit widens by 27.4 pct in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    and 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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  6. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    than 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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  7. Growth conditions improving but more work needed over longer term, PBO suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 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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  8. Newsletter 218 -06/09/2019

    Newsletters

    to the corresponding quarter last year, private consumption decreased by 0.7 percent. Imports of goods and services showed a YoY rise of 3.7 percent, while exports of goods and services increased by 5.4 percent. Compared to the same quarter in 2018, imports of goods increased by 3.9 percent and imports of services

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  9. August sees third Greek C/A surplus in a row, reaching 1.82 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    of Greece (BoG). The significant improvement mainly reflects an increase in the services’ surplus by 425..., the services’ surplus figure of 3.73 billion in August is the highest monthly reading since 2003, from when data is first available. The widening of the services surplus by 12.8 percent is largely attributed

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  10. Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln

    EconomyMacroeconomy

    . In contrast, the trade deficit narrowed by 171 million, the services surplus improved by a modest... percent. The moderate increase in the services’ surplus by 3.9 percent is fully due to improved transport services balance, while travel balance turned negative posting a deficit of 27.9 million euros

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