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Tourism continues on upward trajectory as latest figures signal record-breaking arrivals
EconomyMacroeconomyGreece’s tourism industry, which weathered the country’s economic crisis relatively well, has remained a strong revenue generator with aggregate figures for the nine-month (9M) period showing that the year already surpassed arrival predictions. In particular, the balance of travel services came
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November current account deficit at 1.41 bln as import value outstrips exports
EconomyMacroeconomy(YoY), the deficit has grown by 291.7 million. The month’s headline figure was driven mainly
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Travel balance rises by 73.5 pct in Nov, 9.7 pct in aggregate period
EconomyMacroeconomyGreece’s travel balance grew by 73.5 percent in November following a rise of 21.4 percent in October, Bank of Greece (BoG) data has shown. Receipts came to 325.8 million euros for the month, increasing by 42.5 percent year on year (YoY). Travel payments also rose by 18 percent and came to 151
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Institutions wrap up talks with focus on NPLs, primary residences and budget
EconomyProgrammeit to the European Commission soon. The Finance Ministry has also formed a joint committee with the Bank
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Greeks consider antisemitism a minor issue despite recent attacks
SocietyThe latest Eurobarometer report on antisemitism in the European Union has found that Greeks believe this form of discrimination is not a major problem despite a recent wake of such attacks. The survey was compiled ahead of World Holocaust Remembrance Day on January 27, and the survey was carried
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Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM
EconomyMacroeconomymillion in November. The balance for December came to 18.51 billion. The Greek market has been
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December deposit inflows hit six-year high of 3.15 bln
EconomyMacroeconomy, Eurosystem funding has declined by around 21.45 billion. The BoG also announced on January 24, 2019
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Retail turnover up by 4 pct in Nov, volume rises by 3.2 pct
EconomyMacroeconomyconfidence rose by 2.7 points to -28.3. Year-on-year, consumer confidence has improved by 22.7 points
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Details of bond issue give Athens boost in bid to establish market access
Economyeuros. This was the highest Greece has reached since its return to the capital markets in 2017
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Study casts light on unusual export profile, identifies areas for improvement
EconomyFeaturesA study by the Dianeosis thinktank has shown that Greece’s export sector is hampered by public administration, structural barriers and introversion, and recommended several measures for both policy-makers and businesses. The study compiled data from ELSTAT and ICAP. The findings illustrated
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