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Current account deficit continues to grow, reaching 6.84 bln up to Apr
EconomyMacroeconomythe deficit in March, Bank of Greece (BoG) data showed on Thursday. In April 2023, the balance showed... in the balance of goods and, to a lesser extent, in the secondary income account, while the balance of services and the primary income account improved slightly. The deficit for the balance of goods came
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Current account deficit widens to 3 bln in Mar, at 4.47 bln in Q1
EconomyMacroeconomy, the balance showed a deficit of 2.5 billion euros. The Bank of Greece notes that this is mainly due to a deterioration in the balance of goods and services and, to a lesser extent, in the secondary income account, while the primary income account improved. The deficit for the balance of goods came to 3.1
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Tsipras looks for traction with elections finely balanced in final stretch
PoliticsGreek Politicshas managed to strike a workable balance within New Democracy. On the one hand, he has avoided
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Leaders hit campaign trail as ratings remain finely balanced
PoliticsGreek PoliticsAs party leaders hit the campaign trail in search of votes ahead of the May 21 elections, the latest opinion poll to be published during March indicates that the result of the ballot still remains in the balance. Prime Minister Kyriakos Mitsotakis headed to the Evros border region on Friday
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Budget primary surplus at 7.61 bln in November as expenditure curtailed
EconomyMacroeconomyThe budget primary balance came to a surplus of 7.61 billion euros in the first eleven months... balance came to a surplus of 1.18 billion euros, declining from the surplus of 1.64 billion noted in the previous month. The balance a year ago showed a deficit of 683 million euros. The budget balance
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Education hirings offset losses in tourism for Sept as 9M figure drops by 21,394 jobs YoY
EconomyMacroeconomyGreece’s employment balance turned positive in September with 26,238 more hires than departures, according to data from the Labour Ministry’s Ergani information system. In August, the balance... compared to the 19,727 balance of September 2021. Total hirings in September came to 343,166 versus
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Current account deficit widens to 15.13 bln in 2024
EconomyMacroeconomyoffset by an improvement in the balances of goods and services. The deficit for the balance of goods..., the balance showed a deficit of 2.92 billion euros. The Bank of Greece notes that this is mainly due..., with the oil balance at a deficit of 575.3 million euros, from 560.7 million euros last year
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Crisis management policy: the sad lesson of the Greek case
Agorathat the 2010 programme would ensure a structural balance by as early as 2013. It was also clear... the troika estimated that the 2010 programme would ensure a structural balance from 2013 if the Greek.... The large Greek deficit on the balance of payments was a clear signal that the Greek competitive
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Nov job data delivers worst employment figures on record, as 2022 produces 71,700 fewer places
EconomyMacroeconomya negative balance of 41,797 jobs and men negative by 41,830. There were negative balances on all age...Greece’s employment balance went further into deep negative territory in November, with 83,627 more.... In October, the balance moved into deterioration as there were 115,856 more departures than hires
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Current account deficit eases by 410.6 mln in April
EconomyMacroeconomyis attributed to the decrease mainly in the deficit of the oil balance and, to a lesser extent, of the non-oil balance of goods. Non-oil exports of goods at current prices stayed virtually unchanged, and declined by 2.6 percent at constant prices. The expansion of the services’ balance resulted from
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