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  1. Eurosystem funding falls 8.6 bln in June in aftermath of waiver reinstatement
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    . The change in June represents the sharpest drop in Eurosystem funding in the 12-month series... from a drop in the Emergency Liquidity Assistance (ELA) funding by 10.44 billion euros, partly offset... billion euros, reflecting a drop in ELA and ECB funding by 32.4 and 7.03 billion respectively. Following

    7%
  2. Current account deficit widens to 412 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    by around 272 million euros fully reflects a drop in the services surplus by 442 million, which more... year to positive this May. Moreover, BoG said that the drop in exports is largely due to a decrease... coupled with lower net payments for purchases of ships mainly due to capital controls. The marked drop

    7%
  3. H1 exports show notable fall in many sectors but agricultural products buck trend
    Photo by MacroPolis

    Economy

    the downswing in total exports largely reflects a drop in fuels by 24.1 percent to 2.9 billion... percent from 43.7 percent a year ago. The biggest drop was recorded in manufactured goods (-9.8 percent... and food and live animals slipped 0.7 percent. The breakdown by region displayed a modest drop of 1

    7%
  4. General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln

    EconomyMacroeconomy

    that posted a drop of 318 million from last year. In absolute numbers, social benefits were... understand that the difference of 619 million between the 351 million drop in net arrears in July... by 3.58 billion euros MoM to 324.76 billion in July largely due to a drop in bonds by 2.54 billion

    7%
  5. Newsletter 87 - 09/09/2016

    Newsletters

    of the state budget posted a drop from last year. The breakdown showed revenues grew by 3.58 billion... monthly drop also includes arrears’ clearance of 970 million, according to the July budget execution... March 2012. The drop reflects a rise in the number of employed by 15,000 from the previous month to 3.68

    7%
  6. Current account surplus falls to 1.4 bln in July

    EconomyMacroeconomy

    . The marked drop reflects deterioration in all C/A components, with the most notable in the goods deficit... years, while the drop in exports largely reflects a decline in the value of oil exports. It is worth... by 6 percent, while those excluding oil remained almost stable. The continued drop in the services

    7%
  7. Retail sales rebound by 7.1 pct in July for first time in thirteen months
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index strongly rebounded by 7.1 percent in July after a drop... drop of 7.2 percent in the corresponding period last year. The breakdown showed turnover in almost... store category that posted a month on month (MoM) drop in July was retail sale not in stores, where

    7%
  8. Newsletter 92 - 14/10/2016

    Newsletters

    the corresponding surface and volume figures recorded a notable drop of 18.9 and 30 percent... is the first negative reading since March. The modest drop largely reflects a 4.6 percent decline... supply production edged up 1.2 percent. The modest drop largely reflects a 4.6 percent decline

    7%
  9. Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . On the flipside, direct taxes are estimated to drop by around 300 million to 20.42 billion in 2017. On the cost front, primary expenditure is projected to drop by more than 1.4 billion euros to around 44 billion... clearance. However, the debt to GDP ratio is expected to drop to 176.5 percent in 2017 from 180.3

    7%
  10. Newsletter 97 - 25/11/2016

    Newsletters

    to the September performance, the 9-month decrease in travel revenues fully reflects a drop... surplus by 178 million euros and a drop in the goods deficit by 76.6 million. The primary... percent to 3.63 billion. The improvement stems from the widening of the services surplus by and a drop

    7%