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A snapshot of the Greek economy
Agoraservices. Also, there was a 1.9 percent increase in food and non-alcoholic beverages mainly due... decrease in transport services, mainly due to decreases in the prices of fuels, lubricants... time in the prices of consumer goods and services acquired, used or paid for by euro area
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Greeks dissatisfied with benefits scope and access, OECD survey finds
Societyshown that Greeks are among the least satisfied with their public services out of 21 nations surveyed... respondents in OECD countries believe that public services and social benefits are inadequate and hard... percent said that they would be willing to pay more tax if it meant improved healthcare services
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January current account deficit at 1.18 bln as underlying components deteriorate
EconomyMacroeconomysubcomponents except the services balance. The balance of goods worsened by 213.2 million euros... million and 114 million YoY, respectively. The services balance improved by 86.6 million euros... and by 3.9 percent at constant prices. As mentioned, the services balance increased in January
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CPI rises by 1 pct in April
EconomyMacroeconomyin March. Additionally, the goods’ and services’ indices rose by 0.8 and 1.4 percent, respectively... services. Transport prices increased by 4.3 percent due to fuels and lubricants and higher prices for air... drop in household equipment. Recreation and culture-related services followed with price drops
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Budget primary surplus confirmed at 1.46 bln in April, above target by 2.31 bln on higher revenues
EconomyMacroeconomyof 897 million euros under sales of goods and services was also noted in the aggregate period, which... were seen in VAT on other goods and services by 412 million euros (+8.9 percent), transfers by 103 million due to the additional drawing of EU funds (+9.1 percent), and other taxes on services by 93
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OECD report traces change in public spending over a decade
EconomyFeatureson general government services. This was followed by health (-0.8 percent), economic affairs (-0.6... as of 2018. Judicial services The timeliness of judicial services has long been an issue raised when
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Current account posts deficit of 1.39 bln in November
EconomyMacroeconomy. The deficit for the balance of goods was almost unchanged YoY and came to 1.68 billion. The services... billion in November 2018. BoG said that this reflects an improvement in the surplus of the services... increased by 0.6 percent to 50.89 billion. The aggregate services surplus rose to 20.59 billion, a rise
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Current account deficit more than halves to 2.57 bln in 2019
EconomyMacroeconomyfor the balance of goods came to 1.63 billion euros, down by 10.7 percent year-on-year (YoY). The services... that this reflects an increase in the surplus of the services balance and the secondary income account... percent to 55.27 billion. The aggregate services surplus rose to 21.10 billion, a rise of 9.3 percent
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Greek hotel industry reports COVID-19 related losses of half a billion to date
EconomyFeaturesbillion euros. Employment would drop by 26,403 and the goods and services deficit would be impacted... services. Under the hypothetical scenario of an 8 percent drop in tourism revenues, which the CPER said...), employment by 0.88 pps and the goods and services deficit would rise by 56.4 pps. KEPE noted
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Current account shows deficit of 1.14 bln in February
EconomyMacroeconomyattributable to a deterioration in the goods and services balance and the primary income account... year-on-year (YoY). The services balance fell by 81.9 million YoY to stand at 389.8 million euros... billion. The aggregate services surplus fell to 773.3 million, a decline of 17.2 percent. The travel
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