Thursday August 28, 2014 Search
Weather | Athens
31o C
24o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Massive drop in the current account deficit

Greeces current account deficit posted a 96 percent annual decline in March, according to data released on Thursday by the Bank of Greece.

The deficit shrank to just 44.4 million euros, compared with 1.2 billion euros in March 2013 and 2.1 billion euros in the same month in 2012. This is attributed to the arrival of resources from the European Union that in March 2014 were increased by 618.6 percent from the same month last year, as well as to the improvement in all other parameters.

Figures showed that exports expanded by 5 percent year-on-year while imports recorded a marginal decline of 0.3 percent. Revenues from tourism increased by 29.1 percent to reach 195 million euros, and those from shipping grew 14.2 percent to 1.06 billion euros.

ekathimerini.com , Thursday May 22, 2014 (23:08)  
Greek bank deposits rise for fifth straight month in July
Bad debt provisions hit Greeces PPC first half net profit
Hardouvelis, ECB executive discuss bank program, stress tests
Eurozone bond yields hold at record lows after Spain inflation
Ministers hold flurry of talks ahead of troika negotiations in Paris
With just a few days to go before a crucial meeting in Paris with troika representatives, Finance Minister Gikas Hardouvelis launched a flurry of meetings with key cabinet colleagues on Thur...
Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
Thessaloniki Mayor Yiannis Boutaris wore a yellow Star of David badge, like the ones worn by Jews rounded up in the northern city during the Second World War, on Thursday for his swearing-in...
Inside News
SOCCER
Ranieri brings in new faces for his first Greece squad
New Greece coach Claudio Ranieri announced Wednesday a 24-man squad for the first Euro 2016 qualifier against Romania at home on September 7. Earning a first time call up were Olympiakos 21-...
SOCCER
Roma signs Greece defender Manolas from Olympiakos for 13 mln
Greece international Kostas Manolas has joined Roma on a 13 million ($17 million) transfer from Olympiakos, as coach Rudi Garcia looks to strengthen his worrisome defense before Serie A sta...
Inside Sports
COMMENTARY
The Lotus-Eaters
Turkey, a country branded by some as undemocratic and maladjusted by European standards, recently elected a new president Recep Tayyip Erdogan in a vote that was transparent and with a c...
EDITORIAL
A good start for culture
It took decades for a decision as obvious as keeping Greeces most popular museums and archaeological sites open all day and all week to be reached and acted on, and now we are beginning to ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greek bank deposits rise for fifth straight month in July
2. Ministers hold flurry of talks ahead of troika negotiations in Paris
3. Bad debt provisions hit Greeces PPC first half net profit
4. Hardouvelis, ECB executive discuss bank program, stress tests
5. Eurozone bond yields hold at record lows after Spain inflation
6. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
more news
Today
This Week
1. Greece to relaunch tender for mutual horesebetting license
2. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
3. Venizelos invites Simitis and Papandreou to PASOK 40th anniversary event
4. EU's Frontex to take lead from Italy in Mediterranean immigration crisis
5. Eurozone bond yields hold at record lows after Spain inflation
6. Bad debt provisions hit Greece's PPC first half net profit
Today
This Week
1. Brussels warns Greece over plans to allow construction near Korinos beach
2. Logged out of reality
3. Merkel cites euros construction flaws as economy sputters
4. Attack on gay couple in Athens leaves one man needing surgery
5. Second man held over double murder in Mani
6. Purification rituals
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.