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Jan current account deficit at 1.29 bln, goods and services balances improve
EconomyMacroeconomyGreece’s current account recorded a deficit of 1.29 billion euros in January, from 3.86 billion euros in December, Bank of Greece (BoG) data released on Monday showed. In January 2025, the balance showed a deficit of 873.4 million euros. The Bank of Gre...
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Strong travel receipts in Jan, balance up 157.6 pct YoY
EconomyMacroeconomyGreece's travel balance recorded a surplus of 234 million euros in January, compared to 313.2 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. The January balance was 157.6 percent higher than the 90.8 millio...
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Strong rise in food sales pushes 7 pct YoY increase in Jan retail
EconomyMacroeconomyThe growth of Greece’s retail sales jumped by 7 percent year-on-year (YoY) in January, after a rise of 6.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The corresponding volume index also rose by 4.5 per...
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Hiring balance stays negative in Jan as new hires drop YoY
EconomyMacroeconomyGreece’s employment balance ended January 2026 with 18,744 more departures than hires, according to data from the Labour Ministry’s ERGANI information system. The hiring balance in January last year was also negative with 15,450 more departures, leading...
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Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend
EconomyMacroeconomy. The monthly primary balance landed on a deficit of 747 million euros, deepening from the deficit of 80 million noted in April. The balance for May last year landed on a surplus of 114 million. The budget... the current year’s balance landed on a deficit also, it still beat the target by 1.36 billion euros
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May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls
EconomyMacroeconomy. The monthly primary balance landed on a deficit of 761 million euros, deepening notably from the deficit of 80 million noted in April. The balance for May last year landed on a surplus of 114 million..., the deficit came to 1.24 billion. Although the current year’s balance landed on a deficit also, it still
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Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
EconomyMacroeconomyThe budget primary balance for the full year landed at a deficit of 10.33 billion euros in 2021.... At that level of economic activity last year, the primary balance landed at less then 6 pct of GDP... expenditure came to 9 billion euros, above target by 51 million euros. Overall, the PIB balance landed
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Greece’s downstream oil industry adapts to shifting demands
EconomyFeatures, followed by Iran (until sanctions in 2012), Libya, Saudi Arabia and Kazakhstan. As of January this year
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PM gets no change out of opposition leaders on US trip, electoral law
PoliticsGreek Politicswith Libya or any other actions that Athens deems provocative. Tsipras, though, went a step further
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PM trails switch in tax cuts, admits misstep in approach to migration
PoliticsGreek Politicsabout Libya’s maritime deal with Turkey are not respected grabbed the headlines, but Mitsotakis also
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