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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... that the drop in the goods’ deficit mainly stems from a 14.6 percent decline in imports. Exports fell... percent drop in the corresponding payments led travel balance to a surplus of 40.9 million from deficit
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Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
EconomyMacroeconomyQoQ decline posted in Q3. In addition, Q4 GDP fell 1.2 percent YoY, less than half the drop of 2.6... with a higher drop in imports compared to that of exports, which almost halved the trade deficit... consumption eased 0.1 percent QoQ in Q4, decelerating from the 1.1 percent QoQ drop in Q3, and 0.9 percent
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Newsletter 83 - 22/07/2016
month, diving by 13.4 percent in May in what reflects a similar drop in the manufacturing turnover... reflects a marked drop in the services surplus, attributed to lower net sea transport receipts, while... partially attributable to a 1.3-percent drop in foreign arrivals. Marking an end of era
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyon quarter (QoQ) in the second quarter (Q2) of 2016 after a revised drop by 0.1 percent in Q1, Hellenic... in Q2 after a revised flat growth in Q1, while it increased by 0.8 percent YoY, after a drop of 0.8... the 1.9 percent QoQ drop recorded in Q1. Three of the four business indicators displayed a deteriorating
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Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomy, the services surplus fell by 141 million from last year. The modest drop in the goods’ deficit reflects... that despite the drop in exports at current prices by 5.4 percent, the respective figure at constant..., the latter reflects a drop in arrivals by 2 percent, while we conclude that the average spending per
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Newsletter 118 - 12/05/2017
in its winter forecast released on February 13. The drop is attributed to the negative carry-over... age group (25-34 years old) posted the slowest drop of 0.1 pp, to reach 30.4 percent. Eurosystem... billion Greek banks’ Eurosystem funding continued to drop for the 22nd successive month in April, albeit
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Newsletter 122 - 09/06/2017
due to a drop in social benefits and purchases of non-financial assets by 617 and 175 million... on the back of a drop in the number of unemployed by 74,500. The seasonally adjusted unemployment dropped... percentage points (pp) in the last 12 months on the back of a drop in the number of unemployed by 74,500
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Fall in apartment prices decelerates to 0.2 pct in Q1 for slowest contraction on record
EconomyMacroeconomyThe drop in the nominal value of apartments in Greece came to 0.2 percent year-on-year (YoY) in the first quarter (Q1) of 2018, slowing from a revised drop of 0.4 percent in Q4 2017, Bank of Greece (BoG) data showed on Tuesday. The latest figure marks three continuous quarters during which the drop
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Tourism institute shows international flight seat schedule to Greece down by 7 pct in 2019
EconomyFeaturesthat international tourist arrivals could drop by up to 7 percent in 2019. In a publication titled “The prospects... percent of tourism revenue in 2018, a drop of 7 percent in international arrivals can be expected.... It was noted that the drop comes after a 21 percent increase in scheduled seats seen between 2017
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Industrial turnover drops by 7.4 pct in October
EconomyMacroeconomya marginal drop of 0.6 percent in September, Hellenic Statistical Authority (ELSTAT) data published... and quarrying, followed by 7.2 percent drop in the manufacturing index. Industrial turnover... percent. The drop in the domestic market was driven by mining and quarrying lower by 12.9 percent
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