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Current account shows deficit of 913.9 mln in May as travel receipts evaporate
EconomyMacroeconomyof the balance of goods decreased thanks to a fall in imports at a faster pace than the decline...Greece’s current account (C/A) balance posted a deficit of 913.9 million euros in May compared... last year, there a surplus of 269.7 million euros, meaning that the balance has worsened by 1.18
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Newsletter 294 - 23/04/2021
and beauty salons, for which they then sought approval from the panel of experts, rather than the other way... to, and is not comparable with, the primary balance measure used under Greece’s economic adjustment... Improvement in the balance of goods, primary income account partly offset by deterioration in services
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Greece and the euro: The flight of Icarus
Agora. When one considers that Greece accounts for less than 4 percent of the eurozone’s total debt or GDP... retirement age was the same as in Germany, where most pensioners earn less than 800 euros (or 1,000 dollars) a month, where civil servants make up less than 20 percent of the workforce and where public
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Newsletter 257 -07/07/2020
. Compared to the same month last year, there were 6,161 more people hired than fired. The balance..., the employment balance showed that there were 43,394 more hirings than firings. Ergani noted that the low... with the corresponding amounts. Rather than silencing the critics, however, the information has opened up a fresh round
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Greek fiscal deficits and debt since 2000
Agorato this question is important because if budget balance could mean that debt still increases..., or almost 4 percentage points of GDP! This difference between the overall balance and the variation... deficits from the past, and the fiscal balance is an annual flow that adds or subtracts from the debt
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Jan current account deficit at 1.29 bln, goods and services balances improve
EconomyMacroeconomyeuros in December, Bank of Greece (BoG) data released on Monday showed. In January 2025, the balance... the balance of goods and the balance of services improved. The deficit for the balance of goods..., with the oil balance at a deficit of 622.8 million euros, from 585.9 million euros last year
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Budget primary surplus at 2.32 bln in Mar, beating target by 1.22 bln
EconomyMacroeconomyThe budget primary balance recorded a surplus of 2.32 billion euros in the first three months... primary balance for March dipped into a deficit of 431 million euros compared to a surplus of 899 million recorded in February. Year-on-year, March’s primary balance improved by 59.5 percent against
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Budget primary surplus confirmed at 635 mln in June on lower spending
EconomyMacroeconomybalance posted a surplus of 292 million in the first six months of the year, 723 million better than...The budget primary balance was confirmed at a surplus of 635 million euros in the first six months... primary balance came to a deficit of 890 million euros, increasing on the deficit of 761 million
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Newsletter 192 -01/02/2019
into force on Friday, February 1. The increase was more than had been expected and above the level... A higher-than-expected wage increase and a bond release set the stage for SYRIZA’s election battle... that the minimum wage was increased later than it should have been and that next year’s lower tax-free
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Newsletter 273 -13/11/2020
, the employment balance showed that there were 120,820 more hirings than firings. Overall, there were... than the three weeks announced by Prime Minister Mitsotakis. He is under pressure to lift or ease... strong actions to deal with the weak quality of the balance sheets. The agency outlines
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