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C/A balance positive by 1.4 bln to Nov, 2013 surplus in sight
EconomyMacroeconomyon year (yoy) drop mainly reflects an improvement in the current transfers balance by 298 million.... The recorded C/A balance improvement during the eleven-month period of this year mainly stems from: a) drop... 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
EconomyMacroeconomydecision in November 2012. In addition, the recorded C/A balance improvement stems from: a) A drop... in the last months of 2013, while imports have either increased or showed a decelerating drop over... income of 2.03 billion. The strong tourism season in 2013 sparked an increase in travel spending
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Car registrations surge by 46.3 pct in June thanks to tourism, consumer confidence
EconomyMacroeconomystrong growth of 46.3 percent in June, after increasing by 48.7 percent in May, according.... There was a 6.4 percent drop in the first half of 2013. The 12-month trailing index shows a slower growth at 19... percent in each of the preceding three years. The cumulative drop of car registrations stood at 78
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Tourism helps bring Greek unemployment down to 26.4 pct in July
EconomyMacroeconomyof the strong tourism season. The slowdown of the seasonally-adjusted jobless rate in July reflects a 1... is an increase by 34,200 from the June figure. However, the cumulative drop over the past 5 years stands... and 45-54) posted a much lower drop YoY and landed at 35.4, 22.3 and 20.4 percent respectively
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European Commission says 2014 is a turning point for Greece as growth resumes
Economyquarter of 2014, while a strong figure is expected for the third quarter. Although EC did not alter its GDP headline projections, its estimates on GDP components now show a slower drop in private.... The drop in unemployment in the next two years is attributed to pick-up in investment, continuation
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Newsletter 13 - 30/01/2015
and investors. Big drop in deposits There was a big drop in private sector deposits in December. They fell... by the SYRIZA-led coalition government following the 25 January elections constitutes a strong political
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Newsletter 15 - 13/02/2015
, unchanged from the previous month. There was, however, a drop in the number of employed by 0.8 points... of employed dropped by 27,700 MoM to 3.54 million. November's figures showed the first drop... by the coalition and the strong backing it has received. They are unsure whether to attack it for being
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Greek travel receipts rise 9.1 pct in January as surplus doubles
EconomyMacroeconomy, were to a large extent offset by a remarkable drop in the travel spending per trip by 27 percent to 277 euros. The breakdown of incoming tourist activity by country showed strong growth in arrivals... Chairman Andreas Andreadis recently said that the euro’s drop against the US dollar to almost a 1:1
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Rare rebound for industrial production with 1.9 pct rise in Feb
EconomyMacroeconomyrevised marginal drop of 0.2 percent in January, according to the Hellenic Statistical Authority (ELSTAT... and optical products excelled surging by 39.5 percent. Strong growth rates were also recorded in tobacco... products (+16.1 percent) and beverages (+13.3 percent). On the flipside, the sharpest drop was posted
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Industrial production shoots up by 5 pct in March for highest rise since 2007
EconomyMacroeconomy. On the flipside, mining and quarrying production posted a double-digit drop (-12.3 percent), while... to the strong rebound in March. Similarly to the March performance, the 3-month rise mainly reflects.... In contrast, mining and quarrying production posted a double-digit drop (-11.9 percent) with electricity
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