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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomyin the C/A balance by 1.09 billion year on year (YoY) drop reflects a shrinking of the goods’ deficit... percent drop in the corresponding payments led travel balance to a surplus of 40.9 million from deficit... in the C/A balance which recorded a deficit of just 7.5 million from 3.77 billion in 2014
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Turnover in services sector deteriorates in Q1
EconomyMacroeconomy) and information service activities (+13.2 percent). The latest services confidence indicator provided...The majority of the turnover indices for the services sector fell year on year in the first quarter... out of the 14 services activities recorded a drop in Q1 with the most remarkable decreases
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More than a quarter of a million firms affected by enforced closures due to Covid-19
Economyand food service activities (372,800), public administration and defense/compulsory social security... the five highest positive employment balances were noted in catering services (+8,996), accommodation... year, the five highest positive employment balances were noted in catering services (+6,429
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Where is Greek growth coming from?
Agora) consumption numbers upwards, as though all consumption is done by residents? In the balance of payments, we... (underreported exports)? Other tourism countries also tend to have large positive residuals in the balance... factor to lower the deficit/strengthen the primary fiscal balance, is correct, also given
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Tracking Greece's fiscal performance
Agorabalance is recovering well from the large Covid-19 shock, despite the current energy price crisis... time. Figure 1 shows the overall fiscal balance over 10 years through 2022-Q2 as reported by two key... data point represents the general government fiscal balance over the past 4 quarters. Thus, we see
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Where are the Conservatives?
Agoraunproductive. It takes a big number of them to service the public. Conservative governments like to think... transparency and disclosures), and, especially, small deficits or a balanced budget and low debt (if we... get paid too little per person, so that productivity and the quality of services to the public suffer
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Economic sentiment at 113.2 in Feb, strong improvement in services and retail
EconomyMacroeconomypoints. The services index increased by 8.4 points month-on-month to 33.6 points. Year-on-year, the service confidence indicator has improved by 27.5 points. Retail trade rose by 6 points month-on-month
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Economic sentiment edges up to 91.5 in Dec while services, retail and construction fall
EconomyMacroeconomy. The services index worsened by 1.6 points month-on-month to -30.4 points. Year-on-year, the service
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Budget beats target in Jan, boosted by 49 pct YoY jump in taxes on goods and services
EconomyMacroeconomyThe budget primary balance in January was confirmed to be a surplus of 2.77 billion euros, compared... budget, came to 3.75 billion euros. Net revenues came to 7.17 billion euros. The budget balance during.... The overall balance is better than the target by 562 million euros. Revenues Net revenues for the period
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Newsletter 90 - 30/09/2016
the highest positive flow in the course of the year, bringing the deposit balance to 123.89 billion... of 2011, resulting in a 23 percent drop in loan balance over this period. Greece’s ranking in the Global... inflows of 1.33 billion in August, which is the highest positive flow this year. The deposit balance
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