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Exports produce strong finish to 2024 but trade deficit up 8 pct to 34.61 bln
EconomyMacroeconomyGreece’s trade deficit dropped by 9 percent year-on-year (YoY) at the close of 2024, after a rise of 18.7 percent in November, according to data released by ELSTAT on Friday. The deficit came to 3.109 billion euros for December. Imports totalled 7.13 bi...
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Strong set of 2024 fiscal data provides space for voter-friendly handout package
EconomyMacroeconomyELSTAT published on Tuesday the latest fiscal data for the 2021 to 2024 period, recording a significant primary surplus that was accompanied by an announcement from PM Kyriakos Mitsotakis of a surprise handout package worth 1.1 billion euros in support ...
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Wages grew by 8.7 pct YoY in Q2 thanks to strong seasonal hires
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index grew by 8.7 percent year-on-year (YoY) in Q2, from 6.2 percent in the first quarter of 2025, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The wages index captures employees’ gross earnin...
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Car sales record strong rise in Dec, grow by 5.9 pct YoY in 2025
EconomyMacroeconomyVehicles going into circulation for the first time jumped by 18.7 percent year-on-year (YoY) in December, after a drop of 1.6 percent in November, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In December 2024, licences h...
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Despite strong close in Dec, industrial turnover up by just 0.3 pct YoY in 2025
EconomyMacroeconomyGreece’s industrial turnover recorded a significant rise of 5.6 percent year-on-year (YoY) in December, from unchanged in November, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The previous two months were revised...
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October budget revenues beat target by 24% but gg arrears reach 2.47 bln in 2013
EconomyMacroeconomy, the net impact on the gg bottom line was slightly positive at 85 million in September compared... consecutive month. Following this unexpectedly strong performance, the year-to-date revenue
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoraof Greece the total net outflow during these four months amounted to 1.79 billion euros... was highest in Greece (page 14). This strong risk aversion of Greek banks in an environment of weak economic
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C/A balance positive by 1.4 bln to Nov, 2013 surplus in sight
EconomyMacroeconomysurplus by 175 percent to 3.87 billion euros, mainly owed to higher general government net transfer receipts from the EU, also including the SMP income of 1.5 billion. The strong tourism season within
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C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
EconomyMacroeconomy, mainly owed to higher general government net transfer receipts from the EU, also including the SMP income of 2.03 billion. The strong tourism season in 2013 sparked an increase in travel spending
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Greek primary budget surplus doubles to 835 mln in Jan but below target
Economyto 619 million from 177 million last year. Despite the strong fiscal performance, both figures fell.... As a result, net revenues remained almost flat year on year at 4.39 billion, falling short of target by 274
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