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General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
EconomyMacroeconomywas noted in local governments with a fall of 17 million, bringing the total figure to 165 million euros. The equivalent figure for the same time last year was 182 million. A smaller fall of 2 million euros..., the state budget primary balance showed a fall of 486 million euros, landing at 494 million euros
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Newsletter 247 -10/04/2020
to fall by an average of 60 percent. Only 18 percent of businesses expected that they would... a fall of 43.1 percent. Trade deficit up by 7.8 pct in February Figure for first two months showed... percent decrease in the electricity supply index, followed by a 2.1 percent fall in the manufacturing
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Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeaturesis anticipated to fall by 87 percent. The USA contributed 6.5 percent of overall tourism revenue... on domestic flights. Spending on hotel and resort stays is expected to fall by 79 percent. In addition... to fall by 63 percent. Finally for Italy, which made up 6 percent of tourism revenue in 2019
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OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
EconomyMacroeconomythat GDP will fall by up to 8 percent in 2020 under a single-hit scenario, with a recovery of 4.5 percent in 2021. If there is a second virus outbreak later in the year, Greece’s GDP is forecast to fall... as high as 20.4 percent under a double-hit scenario. Private consumption is expected to fall by 8
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Current account shows deficit of 913.9 mln in May as travel receipts evaporate
EconomyMacroeconomy, falling by 39.7 percent YoY. At the same time, total exports reached 1.98 billion euros, a fall of 33.5 percent YoY. BoG noted that the fall in imports and exports largely stemmed from a decline... of the balance of goods decreased thanks to a fall in imports at a faster pace than the decline
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PMI drops to 46.8 points in July amid Covid-19 uncertainty
EconomyMacroeconomypandemic which impacted domestic and foreign client demand. Output continued to fall at Greek manufacturing... The fall in output reportedly stemmed from a solid decrease in new business. Some firms connected... was marginal. Output charges continued to fall as firms used discounts to attract new clients
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GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
EconomyMacroeconomyexpenditure edged up by 0.9 percent. On a YoY basis, the breakdown showed that the fall in GDP versus... percent YoY. The Ministry of Finance’s revised 2020 budget expects private consumption to fall by 7.6... is seen rising by 3 percent while government consumption is expected to fall by 1.9 percent. Final
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Greek PMI falls to 49.4 in June, lowest since November 2013
EconomyMacroeconomyamid a slight fall in new orders, while employment saw a renewed decline. In addition cost inflation ticked up to a 10-month high, but factory gate prices continued to fall. The rate of growth... the crucial 50.0 mark in June, dragged lower in part by slower growth in output. A slight fall
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Greek manufacturing PMI virtually unchanged in Feb as uncertainty bites
EconomyMacroeconomydecreases in both output and new orders, stronger growth in employment, slower fall in stocks..., while there was a marked fall in inventories of finished goods as manufacturers adjusted to lower... to the unusually bad weather. The input costs rose in February, partly offsetting the fall recorded
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Newsletter 39 - 21/08/2015
income surplus by 89 million. June balance is down 20 percent year on year. Industrial index fall... 2009. June’s fall is fully attributed to a 13.9 percent fall in manufacturing. Headline figure in June
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