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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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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
EconomyThe European Commission released today its Spring Economic Forecasts, the first official set... down the overall demand for services exports. Exports of goods and services are seen dropping by 21.4... pct, gross fixed capital formation to decline by 4.6 pct and exports of goods and services to drop
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Newsletter 316 - 12/11/2021
intensive care. Official data on a hospital-by-hospital basis is not made publicly available... and public services with a negative test. Also, in a bid to get more elderly Greeks to come forward... resources to help public hospitals. This came after he signed a decision to requisition the services
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Newsletter 323 - 14/01/2022
and Growth Pact rules are intensifying in the eurozone. It is noted that in most official... goods and services in the Greek economy, with the index for goods up by 5.4 pct in December and 4.8 pct for services. Prices related to housing are leading the rise with 18 pct in December, largely due
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Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
EconomyMacroeconomymonths. According to the Finance Ministry’s latest official estimates included in the final budget... by 0.8 percent and imports increased by 6.3 percent. The export drop was led by a decrease in services of goods by 2.8 percent and exports of services also decreasing by 0.7 percent. Imports increase
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What would a clean bailout exit for Greece mean in numbers?
Agoradebt to service since the new bonds that were exchanged to avoid the PSI had exactly the same... that Greece is expected to achieve so it can service its debt without accumulating new one. In November 2012... government bonds which were excluded from the PSI and are still being serviced and repaid as normal
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Newsletter 159 -27/04/2018
in Brussels on Tuesday, a senior eurozone official said that reaching a staff-level agreement (SLA... government insists that much of the preparatory work has been done, while the eurozone official pointed... instead, but the eurozone official who spoke to journalists in Brussels indicated that he does not like
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