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  1. Deadly wildfires likely to heap pressure on Tsipras and ministers

    PoliticsGreek Politics

    service, and Attica Governor Rena Dourou. Tsipras also highlighted the large number of fronts..., including the tools available to the fire service to put out the blazes. New Democracy and other... are in a better state than they have been for some years after 12 engines were serviced in the USA.

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  2. When will Greek banks operate as credit institutions again?
    Photo by Harry van Versendaal

    Agora

    their lending capacity. Both factors contribute to impair balance sheets and are the main reason why... up over 90 per cent of the Greek corporate landscape. Significant balance sheet risks because..., to finance. Credit crunch and disconnecting from financial services The severity of credit

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  3. C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    decision in November 2012. In addition, the recorded C/A balance improvement stems from: a) A drop... billion with a significant contribution to the C/A balance this year. Unlike previous years..., mainly reflecting SMP income of 534 million and an increase in the services surplus by 169 million, which

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  4. BoG sees encouraging signs for Greek economy but warns on reforms

    Economy

    to the slight increase compared to last year’s 0.8 percent is the improvement in the services balance... conditions and an increase in global demand. Current account (C/A) balance is expected to remain... in order to achieve a modern state offering high-quality services without getting in the way of business

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  5. Greece sees travel receipts shoot up by 35.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    in the current account’s services balance remained broadly flat at 9.1 percent, primarily due to a higher rise in the transport services balance. The 4-month travel receipt growth reflects a 21.1 percent rise

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  6. Greek current account deficit widens to 847 mln in Jan as exports fall further
    Photo by MacroPolis

    EconomyMacroeconomy

    by 165 and 68 million respectively. In contrast, the services’ surplus marginally rose by 1.5 million YoY. As of January 2015, BoG publishes data in line with the BPM6 (Balance of Payments Manual 6th... the EU to general government was more than offset by deterioration in the balance of transfers

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  7. Current account deficit jumps to 742 mln in January

    EconomyMacroeconomy

    in the C/A balance by 461 million euros year on year (YoY) largely reflects a sharp drop in the primary income surplus by 451 million, followed by a lower services surplus (by 218 million). Secondary income balance turned to a deficit of 6.6 million from a surplus of 79.7 million last year

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  8. Newsletter 89 - 23/09/2016

    Newsletters

    -month figure rising by 3.5 percent to 25.58 billion. The employment balance turned negative in August...-to-date employment balance remains positive with net hirings of 237,817, which is a new 15-year... million coupled with a drop in exports by 66 million. The services surplus fell by 139 million, mostly due

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  9. After Article IV consultations IMF says challenges remain, substantial debt relief is needed
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    sector balance sheets c) notable structural obstacles to investment and growth d) unsustainable debt... stresses that a rapid clean up of banks’ balance sheets should be implemented by endorsing debt... services and protect the most vulnerable. IMF also stresses that Greece cannot maintain high primary

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  10. Newsletter 250 -11/05/2020

    Newsletters

    euros YoY and came to 193 million euros against 210 million euros last year. The balance... balance showed a fall of 679 million euros, landing at 494 million euros this year compared... services are due to resume this Sunday, while reports suggest that organised beaches will also be open

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