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  1. April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct

    EconomyMacroeconomy

    and services (-91 million) and personal income tax (-89 million). State budget net revenues came... underperformance came from VAT on other goods and services by 339 million euros or 6.8 percent, sales of fixed

    1%

  2. Communication prices in Greece highest in EU27
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    included telecommunications as well as postal services and the internet. Communications in Greece...). Transport services which covers all purchased modes of transport, including ferry and airplane tickets

    1%

  3. Microsoft deal welcomed as Greece vies for more foreign investments
    Photo via https://flic.kr/p/2dqKrWG

    EconomyFeatures

    that the rapid digitalisation of services which took place during the pandemic-related lockdown was a positive... businesses for more ICT services and specialists is growing. If Greece reached the levels of Slovenia, which

    1%

  4. EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in

    EconomyMacroeconomy

    on the services sector and tourism, which are heavily affected by travel restrictions and social... in services exports. The Commission notes that tourist arrivals will only partially recover in 2021

    1%

  5. Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches

    PoliticsGreek Politics

    of Greece. The measures announced last week permitted churches to open to the public for services..., the government had announced a number of amendments to the rules for retail and services, to allow

    1%

  6. Labour market developments in Greece during Covid-19
    Photo by MacroPolis

    Agora

    is that it led to a “services-led recession” where services employment (e.g., in tourism, leisure

    1%

  7. Current account shows deficit of 436 mln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    balance of payments components, excluding the services balance. The deficit for the balance of goods came to 1.57 billion euros, declining by 21.2 percent year-on-year (YoY). The services balance came

    1%

  8. EC summer forecast sees growth edging up to 4.3 pct, driven by RRF
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    improved and a rise in foreign demand for goods helped exports. Exports of services rely heavily... by disinflation in the services sector and as such inflation will be -0.4 pct in 2021 and 0.5 pct

    1%

  9. Newsletter 306 - 23/07/2021

    Newsletters

    to a worsening in the balance of goods and, to a lesser extent, the services balance, which... for the balance of goods came to 1.82 billion euros, worsening by 50.6 percent YoY. The services balance came

    1%

  10. Economic sentiment rises above 111 pts in July but consumer confidence drops further
    Photo by MacroPolis

    EconomyMacroeconomy

    points. The services index dropped by nearly 2 points to 25.4, after a sharp improvement by 14.4 points in June. The services confidence indicator has improved substantially as at -46.8 in June last

    1%