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Current account shows surplus of 79.7 mln in August
EconomyMacroeconomy. In the same period last year, the balance showed a surplus of 1.80 billion euros, meaning that the surplus has worsened by 1.72 billion euros year-on-year (YoY). According to the BoG, August’s performance stems... of goods came to 1.40 billion euros, declining by 25.1 percent year-on-year (YoY). The services
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Newsletter 272 -06/11/2020
reported on Wednesday that the Finance Ministry is revising its estimates for recession this year... sees 2020 at -9 pct, from -7.5 pct in September and does not expect next year’s recovery to exceed 5... a new national lockdown. The estimates for 2020, and potentially the carry-over effect next year, do
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Current account shows deficit of 498.8 mln in September on declining services and oil receipts
EconomyMacroeconomyperiod last year, the balance showed a surplus of 914.2 million euros, meaning that the deficit has worsened by 1.41 billion euros year-on-year (YoY). According to the BoG, September’s performance... for the balance of goods came to 1.49 billion euros, declining by 25 percent year-on-year (YoY
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Current account deficit narrows to 840.3 mln in Feb as imports drop
EconomyMacroeconomyeuros year-on-year (YoY). According to the BoG, February’s performance is due to an improvement... to 1.33 billion euros, declining by 25.7 percent year-on-year (YoY). The services balance came..., dropping by 89.3 percent YoY. The travel balance for last year came to 70.7 million meaning
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Current account shows deficit of 1.46 bln in March as imports rise
EconomyMacroeconomyyear-on-year (YoY). According to the BoG, March’s performance is due to a deterioration..., worsening by 19.8 percent year-on-year (YoY). The services balance came to a surplus of 281 million... YoY. The travel balance for last year came to 32.5 million meaning that in March this year, around
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Newsletter 298 - 28/05/2021
Union funds have been pumped into the economy since last year. However, measures such as tax advance... billion euros in Q1 from 22.5 billion at the end of last year. Impairment charges for Q1 came to 985... performed solidly, on track to achieve our earnings guidance for the year,” Eurobank CEO Fokion
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Unemployment rate down to 14.2 pct in July, lowest since Nov 2010
EconomyMacroeconomythe figure has been since November 2010. In the same month last year, the unemployment rate was 16.8 percent. Year-on-year, the number of employed people increased by 182,886, with total employment... a sharp drop of 14 percent year-on-year. The inactive population decreased by 105,080 people year-on-year
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Newsletter 311 - 08/10/2021
economic plan for leaving the pandemic behind. Following an impressive recovery this year, which has been... thanks to a very strong tourism season. Should these forecasts materialise, next year’s nominal GDP... regaining the precipitous fall of 8.2 pct of 2020. Next year’s growth will be driven by private
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Unemployment rate unchanged at 12.8 pct in Jan, employment rises by more than 300,000 YoY
EconomyMacroeconomy, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In the same month last year... is a 7.2 percent unemployment rate in May 2008. Year-on-year, the number of employed people increased... year-on-year. Also, the number of unemployed has fallen below the 600,000-mark for the first time
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Labour market on mend as March unemployment rate eases to 12.2 pct
EconomyMacroeconomy) data showed on Wednesday. In the same month last year, the unemployment rate was 16.8 percent... 2008. Year-on-year, the number of employed people increased by 523,963 in March, with total employment..., it also did so in January this year, after it peaked at 1.36 million in July 2013. The inactive
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