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  1. Current account shows deficit of 913.9 mln in May as travel receipts evaporate
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    , falling by 39.7 percent YoY. At the same time, total exports reached 1.98 billion euros, a fall of 33.5 percent YoY. BoG noted that the fall in imports and exports largely stemmed from a decline... of the balance of goods decreased thanks to a fall in imports at a faster pace than the decline

    8%

  2. Newsletter 259 -24/07/2020

    Newsletters

    the EU but not euro-denominated showed a fall of 97.8 percent to 2.5 million. Receipts from non-EU... to a fall of 87.5 percent YoY. The Hellenic Chamber of Hotels (HCH) has released its latest survey... to fall by an average of 65.5 percent, while 98 percent of hotels that operate seasonally expect

    8%

  3. PMI drops to 46.8 points in July amid Covid-19 uncertainty
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    pandemic which impacted domestic and foreign client demand. Output continued to fall at Greek manufacturing... The fall in output reportedly stemmed from a solid decrease in new business. Some firms connected... was marginal. Output charges continued to fall as firms used discounts to attract new clients

    8%

  4. General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 636 million... against 1.24 billion euros last year. Overall, the state budget primary balance showed a fall of 9.33... 25.63 billion a year ago. The next largest fall was in sales of non-financial assets with a decline

    8%

  5. General govt primary cash deficit at 5.49 bln in Aug, arrears up by 172 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    -on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 644 million... primary balance showed a fall of 8.27 billion euros, landing at a deficit of 5.49 billion euros... by 4.10 billion to 25.72 billion euros from 29.81 billion a year ago. The next largest fall

    8%

  6. General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    -on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 1.15 billion... billion. Overall, the state budget primary balance showed a fall of 11.54 billion euros, landing.... The next largest fall was in sales of non-financial assets with a decline of 1.30 billion, taking

    8%

  7. GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    expenditure edged up by 0.9 percent. On a YoY basis, the breakdown showed that the fall in GDP versus... percent YoY. The Ministry of Finance’s revised 2020 budget expects private consumption to fall by 7.6... is seen rising by 3 percent while government consumption is expected to fall by 1.9 percent. Final

    8%

  8. General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln

    EconomyMacroeconomy

    -on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 880 million.... Overall, the state budget primary balance showed a fall of 14.71 billion euros, landing at a deficit... largest fall was in sales of non-financial assets with a decline of 1.33 billion, taking the total

    8%

  9. Final act in ERT closure carries significant risk for coalition

    PoliticsGreek Politics

    before dawn on Thursday, almost five months after the government shut down the TV and radio service... geniuses: riot police sealed the front entrance of Greek Public TV with handcuffs! #idiotaward — Stratos... to be to push for NERIT, rather than a pared down interim TV service, known simply as Public

    7%

  10. Talk of negative impact from political risk sees tightening of Greek polls
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    anxiety at seeing its comfortable poll leads ebbing away. An MRB poll for Mega TV that was made public... poll for Mega TV (projected seats in Parliament): SYRIZA 138 ND 77 Potami 21 PASOK 20 KKE 18 G Dawn 16... TV’s Anatropi programme gave SYRIZA a wider leader over New Democracy. GPO poll for @AnatropiMegaTV

    7%