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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomyremains the biggest contributor to GDP accounting, making up just over 69 percent of the total figure... percent more than offset by a drop in imports of goods by 1.1 percent. On the flipside, imports
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Turnover in tourism sector drops at an accelerating pace of 11.7 pct in Q1
EconomyMacroeconomyin those from France and Germany by 1.1 and 0.4 percent respectively. The latest volume figures.... According to the annual economic report of the World Travel and Tourism Council (WTTC), the total
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomyexpenditure slipped 1.1 percent to 15.49 billion, 2.06 billion better than target. It is worth..., in line with target. Overall, total expenditure eased by 0.8 percent to 18.91 billion, 2.37 billion
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Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June
EconomyMacroeconomyfigure for the 6-month period now points to a rise by 3 percent compared to a drop of 1.1 percent... almost right on target. Following the double digit growth in primary expenditure in June, total
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Current account deficit widens to 412 mln in May
EconomyMacroeconomypercent and total exports 4.5 percent. The decline in the services’ surplus mainly results from lower net sea transport receipts. In addition, travel receipts fell 10.4 percent to 1.1 billion in May despite
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After calm summer, hectic September lies ahead for Greek government
EconomyProgrammethe 10.3 billion in total initially approved after the completion of the first programme review. From the additional disbursement, 1.1 billion is due to be used for debt servicing needs, while 1.7
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Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
EconomyMacroeconomy(by 730 million). The monthly balance reached 1.1 billion, exceeding the 1-billion-euro mark for the first... billion. Overall, total expenditure increased by 2.3 percent to 27.12 billion in the 7-month period, 2.4
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Greece's harsh social reality
Agorafrom employment. In the same year, more than 1.1 million Greeks were living in low-work intensity... fallen to 2.6 million and recovered only marginally to 3 million in 2015. Total personal trips came
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Budget primary surplus of 3.8 bln to Aug beats target by wide margin
EconomyMacroeconomyGreece’s budget primary surplus edged down 1.1 percent to 3.76 billion euros in the 8-month period of 2016 from 3.8 billion in the corresponding period last year, the Finance Ministry (MoF... up, total expenditure dropped by 2.7 percent to 3.69 billion in August, while rose by 1.7 percent
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Greece gears up for second review, faces wide-ranging reform to-do list
EconomyProgramme. Greece os waiting for the disbursement of the next sub-tranche of 1.1 billion euros for debt servicing... NPL resolution for corporate and sole proprietors that would concern the total number of companies
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