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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomyand increased taxation. The most updated official forecasts released by the European Commission (EC... estimated for 2014. Exports Exports of goods and services dropped 1.3 percent QoQ for the first time after three consecutive quarters of improvement. This was mainly led by exports of services which
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Fraport reveals airport plans as major privatisation overcomes obstacles
Economyairports ahead of the official delivery of the airports and following the implementation of most... on February 23 for the provision of fire-fighting services at the regional airports, with Fraport being responsible for the provision of those services either directly or through a contracted professional
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Newsletter 145
they are due to head home. However, the official reportedly said that Greece needs to stick... (+9 percent) to 2.44 billion. The services balance increased by 17 percent for the month of October... in the overall services balance. The travel balance showed an increase of 18.2 percent to 995.6 million
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Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
EconomyMacroeconomyfor the Greek economy. According to the Finance Ministry’s latest official estimates included... by 2.5 percent and imports rose by 5.8 percent. The export rise was led by an increase in services... was due to a 7.6 percent rise in services and 5.6 percent in imports of goods. Compared to Q2 2021
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GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
EconomyMacroeconomyfor the Greek economy. According to the Finance Ministry’s latest official estimates included... and imports also dropped by 0.3 percent. The export drop was led by a decrease in services exports, which... percent rise in services and 1.1 percent decrease in imports of goods. Compared to Q3 2021, all
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Newsletter 392 - 08/09/2023
, however, say that the lack of explicit condemnation for his statements amounts to official backing... that aside from exports of services, essentially tourism, the rest of the GDP components have... the property market for now. Also, Greece’s services-based economy usually has a lag over more industrial
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Better income account helps squeeze Greek C/A deficit in January
EconomyMacroeconomybillion (0.7 percent of GDP) for the first time in at least six decades beating earlier official... million. This reflects a 10.6 percent rise in non-residents’ arrivals. Nevertheless, the services surplus fell slightly by 9 million YoY due to a worsening of the other services balance mainly related
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Greek current account deficit rises to 709 mln in February
EconomyMacroeconomyof 1.24 billion (0.7 percent of GDP) for the first time in at least six decades beating earlier official... deficit by 26 million. Those movements more than offset higher services and current transfers’ surpluses... to higher net interest payments on the EFSF and IMF loans. Despite a rise in the services’ surplus
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Greek economy braced for impact from Brexit, hopes effect will be limited
Economyvehicles. In addition, UK services’ exports to Greece are almost equally split between business, travel, transportation and financial services. Based on the latest official figures for 2014, UK was the 6th... billion to services, according to the UK Trade and Investment. Export of goods mainly involve
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Athens identifies drivers for growth as it draws up strategy for next years
Economycompass outside the regular supervision by official creditors. The basic macro assumptions of the growth... in both trade of goods and services. Imports are also seen rising at roughly equal pace, keeping... of goods and services will post an average growth of 3.6 percent between 2018 and 2022, reaching 71.4
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