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Greek digital economy lagging due to weak demand, lack of skills
SocietyGreece’s digital economy is being held back by a weak demand for internet services, low levels... and digital public services. The survey put Greece at the bottom end of the cluster of low... services remains weak, due to low levels of digital skills. only 59% of the population say
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Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
EconomyMacroeconomyby 196 million year on year (YoY) stems from a widening of the services surplus by 100 million as well... imports rose by 6.5 percent. The widening of the services’ surplus by 11.7 percent largely reflects... by 211 million and lower services surplus by 184 million more than offsetting an narrowing
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What this week's VAT changes mean for household budgets and public coffers
EconomyProgrammeand services among the three VAT categories. The super-reduced rate includes only pharmaceuticals, books...) and water (excluding sewage). All other products and services fall under the basic rate of 23... in their services’ price, it is not yet clear whether a part of it would be absorbed by the firms
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Current account in surplus for 2nd straight month in June but down 20 pct on 2014
EconomyMacroeconomy. In addition, the services surplus eased by 39 million, whilst the goods’ deficit widened by 23 million... percent. The modest drop in the services’ surplus by 1.6 percent to 2.37 billion is largely due to lower net receipts from transport and other services. In contrast, the travel surplus slightly
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Current account surplus falls to 1.4 bln in July
EconomyMacroeconomyand 95 million respectively and the services surplus was 139 million lower. The goods deficit more... rebounded 2.8 percent at constant prices. The decrease in the services balance mostly resulted from lower net travel and other services receipts, while net transport receipts soared 45.1 percent
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CPI drops at a slower pace of 0.5 pct in October
EconomyMacroeconomyto a fall in the goods’ index by 1 percent, while the services index edged up 0.2 percent. Meanwhile... and services (-1.6 percent), food and non-alcoholic beverages (-1.5 percent) and household equipment (-1.5 percent). In more detail, prices in services of freelance nurses fell by 18.5 percent, followed
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Current account deficit of 1.2 bln in Nov turns 11-month balance negative
EconomyMacroeconomy. This was mitigated by an improvement in the services and primary income surpluses by 61.1 and 25.6 million... in the services’ surplus is mostly attributed to higher net transport and other services receipts... a sharp drop in the services surplus by 1.85 billion and to a lesser extent a worsening
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Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
EconomyMacroeconomyin the services surplus by 235 million. The modest rise in the goods’ deficit to 1.52 billion reflects... imports rose by 4 percent. The rise in the services’ surplus is largely due to higher net other services... to a significant drop in the services surplus by 1.61 billion and to a lesser extent a worsening in the primary
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Current account deficit at 624.1 mln in October as goods balance worsens
EconomyMacroeconomymillion, respectively. These deficits combined to offset a surplus in the services balance, which... that at constant prices, the rise in the exports of goods came to 3.6 percent. As mentioned, the services balance... services balance. The travel balance showed an increase of 18.2 percent to 995.6 million euros
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February current account deficit at 1.29 bln as underlying balances worsen
EconomyMacroeconomypercent for an absolute sum of 3.86 billion. The services balance recorded a fall of 15.2 percent and came to 251 million euros, mainly driven by lower net services and travel receipts. Travel receipts... percent in February. Travel payments rose by 37.7 percent, leading to a travel services deficit of 6.9
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