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  1. January current account deficit at 585.8 mln as goods balance worsens
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    . This was mainly caused by lower net services and travel receipts. Travel receipts fell by 3 percent to 153.1... to an improvement in the general government component. Financial account Residents’ net external liabilities.... Portfolio investment showed a net decrease in residents’ external assets, which reflects mainly a decrease

    2%
  2. Credit contraction at 1.2 pct in June, balance at 178.87 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euro mark for the third time since January 2007. The net lending flow turned positive after two months... billion. Credit to insurance corporations showed a net monthly inflow of 123.5 million, taking... 80 billion euros for the month. Driven by the net deductions mentioned previously, the household loan

    2%
  3. Exclusion from QE confirmed, only ECB's reinvestment programme left
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    EconomyProgramme

    with net purchases currently at 30 billion euros up to September. This is due to be reduced to 15 billion until the end of the year when net purchases are expected to end. The ECB as of June 2018 has... market. With 75 billion net purchases by the ECB between September and the end of the year, Greece would

    2%
  4. Credit contraction at 1.5 pct in July, balance at 177.56 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    for a fourth month. The net lending flow fell back into negative territory and came to -998.4 million in July... corporations showed a net monthly outflow of 101.6 million, taking the balance for July to 6.47 billion.... Driven by the net deductions mentioned previously, the household loan sector balance declined to 57.57

    2%
  5. Credit contraction stays at 1.5 pct in August, balance reaches 177.44 bln

    EconomyMacroeconomy

    for a fifth month in a row. The net lending flow remained negative for a second month and came to -306.9... took the balance to 79 billion. Credit to insurance corporations showed a net monthly inflow of 21.3... to 183.9 million in August, which took the balance to 79.69 billion euros. Driven by the net

    2%
  6. Credit contraction slows to 1.3 pct in Sept, balance at 176.83 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the 180-billion euro mark for a sixth consecutive month. The net lending flow returned to positive... reading took the balance to 78.8 billion. Credit to insurance corporations showed a net monthly.... Driven by the net deductions mentioned previously, the household loan sector balance declined to 57.40

    2%
  7. Credit contraction deepens 1.4 pct in October, balance at 174.90 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    under the 180-billion euro mark for a seventh consecutive month. The net lending flow fell... to 77.97 billion. Credit to insurance corporations showed a net monthly outflow of 223.4 million... to 293.5 million in October, which took the balance to 78.60 billion euros. Driven by the net

    2%
  8. Credit contraction stays at 1.4 pct in November, loans to enterprises turn positive
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for eight consecutive months. The net lending flow returned to positive territory and came to 106... reading took the balance to 76.90 billion. Credit to insurance corporations showed a net monthly... by the net deductions mentioned previously, the household loan sector balance declined to 57.02 billion

    2%
  9. Population projections show demographic problem set to worsen in coming decades
    Photo by Panagiotis Tzamaros/Fosphotos

    Society

    of the population is set to rise from 43.8 years in 2018 to 46.9 years in 2035. ELSTAT’s data showed that net... emigrants. In 2016, net migration was negative by over 10,300 people. ELSTAT noted that immigration... each year by 2035. With the above birth and death scenarios, when net migration of zero is assumed

    2%
  10. Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM

    EconomyMacroeconomy

    under the 180-billion euro mark for nine consecutive months. The net lending flow stayed positive.... Credit to insurance corporations showed a net monthly inflow of 22 million, which took the balance... million in December which brought the balance to 76.30 billion euros. Driven by the net deductions

    2%