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Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports
EconomyMacroeconomyby 959 million and lower services’ surplus by 243 million. The considerable drop in the goods’ deficit to 10.21 billion reflects a double-digit drop in imports (-12.3 percent) to 25.05 billion, while... a drop in transportation receipts. In contrast, travel receipts rose by 6.2 percent to 6.99 billion
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General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln
EconomyMacroeconomyreflects a drop in revenues by 10.1 percent to 21.72 billion euros, outweighing a cut in expenditure.... 2) Considerable drop in repos by 7.1 billion more than offsetting the marked rise by 6.4 billion... redemptions of 6.7 billion, increase in repos by 1.2 billion and a net drop of 2.4 billion in EFSF/ESM/IMF
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Average wealth in Greece down by 17.1 pct since last year
Societydeclined by 5.2 percent, the highest drop rate after that of Poland (-5.5 percent), while the Greek stock market recorded the biggest nosedive at 54.9 percent. However, the 17 percent drop in household... due to changes in the euro-dollar exchange rate. However, the drop to 81,300 dollars in 2015 placed
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Growing hopes that Greek recession will be milder than expected
Economy(+0.1 percent), more than offsetting a sharp drop in investments (-10.6 percent). The provisional... 5. The breakdown showed a drop in private consumption by 1.6 percent in 2015, exports by 1.5 percent... by 1.5 to 2 percent this year, on the back of a drop in private consumption by 1.5 to 2 percent
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Newsletter 48 - 23/10/2015
investment of 25 billion has plummeted to just 3.2 billion, following a sharp drop in bank share prices..., up by 12.5 percent from last year’s figure. The year-on-year improvement is mainly due to a drop in the goods and primary income deficits. The drop in the goods deficit by 18.4 percent is attributed
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Unemployment down for second straight month in August, falls to 24.6 pct
EconomyMacroeconomy. The drop in the last two months is probably due to seasonal reasons related to tourism, while... in August reflects a month on month (MoM) drop in the number of unemployed for the 15th consecutive month.... After a drop in August to 92,238, the number of registered jobless that receive the monthly benefit
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Apartment prices fall at an accelerating pace of 6.1 pct in Q3
EconomyMacroeconomypace compared to the downward revised 5 percent drop recorded in Q2, Bank of Greece (BoG) data showed... straight quarter by 1.8 percent in Q3, at a slower pace compared to the 2.9 percent QoQ drop in Q2... percent over the past seven years. Due to the imposition of capital controls and the sharp drop
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Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment
EconomyMacroeconomyafter the zero and 0.3 percent growth rates posted in Q1 and Q2 2015 respectively. The QoQ drop... of -0.4 percent and a downward revised growth of 0.9 percent in Q2. The drop in Q3 was the first... compared to the 8.9 percent fall in Q2, amid capital controls. The YoY drop rate markedly accelerated
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Greek firms rely on public procurement most in EU but also suspect corruption, survey indicates
Society. Since 2013, there has been a 10 point drop in companies agreeing that that unfair selection or evaluation criteria exist, a 16-point drop in those who believe conflict of interests in the evaluation of bids is widespread, and a 17-point drop who believe collusive bidding is widespread, and a 14-point
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Current account turns to a surplus of 314 mln in Oct on contracting goods deficit
EconomyMacroeconomymillion last year. The breakdown shows that the drop in the goods deficit by more than a third mainly... said the net oil import bill fell due to a drop in oil prices, while ship transactions were... attributed to a marked narrowing of the goods deficit by 4.38 billion more than offsetting a drop
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