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  1. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in property taxes, mainly related to the delayed payment of ENFIA. For 2016, direct taxes... taxes are also expected to improve by 3.5 percent. The anticipated higher revenues in 2016 mainly... for the 2-year period mainly relate to: contributions to social security organizations (1.11 billion), largely

    2%

  2. Current account turns to a surplus of 314 mln in Oct on contracting goods deficit

    EconomyMacroeconomy

    million last year. The breakdown shows that the drop in the goods deficit by more than a third mainly...’ surplus mainly resulted from lower net transport receipts, while travel receipts also decreased by 4.1... euros in October, mainly stemming from a rise in residents’ holdings of foreign bonds and T-Bills

    2%

  3. Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015

    EconomyMacroeconomy

    that the drop in the goods’ deficit mainly stems from a 14.6 percent decline in imports. Exports fell... mainly reflecting an inflow of 350 million related to Fairfax’s participation in Eurobank capital... investment, residents’ external assets increased by 5.4 billion euros in December mainly due

    2%

  4. Current account surplus at 842.3 million in June, assisted by services balance
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 67.5 million year-on-year, driven mainly by deficits of 114.3 million and 151.1 million... by 114.3 million euros is attributable mainly to lower net receipts. The worsening of the secondary income account deficit by 151.1 million was driven mainly by a deterioration in the general government

    2%

  5. Current account surplus at 1.57 billion in July, pushed by services balance
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    by 213.3 million euro year-on-year and was mainly driven by a rise in the services balance which... income, the BoG stated. The 41.7 percent easing of the deficit in the secondary income account is mainly... in the goods deficit, which totalled 10.70 billion euros, stems mainly from an increase in the deficit

    2%

  6. June current account shows surplus of 208.8 million as imports outpace exports

    EconomyMacroeconomy

    was driven mainly by an increase in imports which outstripped exports. This in turn stemmed mainly from... was mainly driven by the deficit of the balance of goods worsening by 744.7 million, along... bonds and T-bills. A net decrease in liabilities for the month was mainly due to a 815-million-euro

    2%

  7. A snapshot of the Greek economy

    Agora

    is mainly due the 5percent rise in communication, largely attributed to the prices of telephone services. Also, there was a 1.9 percent increase in food and non-alcoholic beverages mainly due... decreases occurred in household equipment mainly because of the decrease in prices of textiles, household

    2%

  8. Alpha Bank posts net loss of 10.9 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    a year ago. The bank noted that the PPI results were mainly driven by a significant decline in operating... investors. P&L NII came to 381.2 million, down by 1.5 percent Q-o-Q mainly due to the negative... to account for the impact of coronavirus. The above impact is mainly due to the deterioration

    2%

  9. Budget primary shows deficit of 13.81 bln in November, above target by 1.48 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 43.19 billion euros. The MoF said that this was mainly due to increased PIB revenues, as well... which is mainly due to the under-execution of PIB. Interest payments came to 4.55 billion... mainly due to a PIB deviation of 1.01 billion euros. A number of pandemic-related expenses were

    2%

  10. Budget primary shows deficit of 13.75 bln in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion euros. The MoF said that this was mainly due to increased revenues from taxes. On an aggregate..., lower than the target by 159 million euros which MoF said is mainly due to the under-execution of PIB... that the movements in expenditure against the target were mainly due to a PIB deviation of 1.01 billion

    2%