Calamos Supports Greece

Greece

Greek Current Account Deficit Down in Jan-Feb

In February 2017, the current account showed a deficit of €937 million, up by €109 million year-on-year. This development is attributable to an increase in the deficit of the balance of goods, which more than offset a rise in...

Greece's Current Account Balance Shows 1.4 Billion-Euro Surplus in July

Greece's current account balance showed a surplus of 1.4 billion euros in July, down by 1.1 billion year-on-year, the Bank of Greece said on Tuesday. The central bank, in a monthly report, attributed this development to an increase in the...

Bank of Greece Date Reveals Significant Deterioration in Country’s Current Account

Greece recorded a Current Account deficit of 742 million euros in January 2016, according to data released by the Bank of Greece. The current account deficit of 742 million euros recorded for January 2016 is bigger by 461 million euros...

Greece's Current Account Deficit Up in Q1

Greece's current account balance showed a 404-million-euro deficit in March, up 316 million compared to the same month last year, the Bank of Greece (BoG) said on Friday. In a monthly report, the central bank attributed this development to a decline...

January to July, Greek Current Account Surplus Up 42.4% over 2013‏

Greece's current account surplus grew by 42.4 percent in the January-July period this year, compared with the equivalent period in 2013, reported the Bank of Greece on Monday. The Central Bank said that the total account surplus reached nearly 567...

Greek Current Account Balance Shows 1.4-bln-euro Surplus in June

Greece's current account balance showed a surplus of 1.4 billion euros in June, up 53% compared to the same period last year, the Bank of Greece (BoG) said on Wednesday. In a report, the central bank attributed this development to...

Greek Current Account Deficit Down in Jan-May

Greece's current account deficit dropped by 832 million euros in the January-May period this year to 2.5 billion euros, the Bank of Greece (BoG) said on Monday. In a report, the central bank said that the current account balance in May...

Current Account Shortfall Narrows In January

Greece 's current account shortfall decreased in January from last year, helped by a strong improvement in revenues, preliminary figures published by Bank of Greece showed Monday. The current account deficit eased to EUR295 million in January from EUR314 million...

Greece Posts First Current Account Surplus Since 1948

Greece's current account balance showed the first annual surplus since 1948 in 2013, the Bank of Greece said on Wednesday. In a report, the central bank said that the current account balance showed a surplus of 1.2 billion euros last...

Greek Current Account Surplus Widens in June

Greece΄s current account surplus widened in June, helped by a smaller trade gap and surging tourism receipts, the Bank of Greece said on Monday. The current account balance, a key measure of economic competitiveness, showed a surplus of 663 million...

Current accounts deficit up

Greece's current accouts deficit worsened in the January-April period, totalling 12.9 billion euros, up 25.5 pct compared with the corresponding period last year, reflecting a significant decline in current transfers from the EU to the general government (232 million...

Current Greek Account Balance Shows Surplus in Jan – Oct Period

Ιn October 2015, the current account showed a surplus of 314 million euros, against a deficit of 456 million euros in the same month of 2014, the Bank of Greece said on Monday. This improvement is mainly attributable to a...

Nearly 5,000 Unaccompanied Minors Currently in Greece, NGOs Say

Some 4,962 unaccompanied minors currently live in Greece, the National Center of Social Solidarity reported on Wednesday, while only one in four are accommodated in humane conditions. The organizations said at a presentation that the main problems these children face...

Greece is Current World Champion in Tax Increases

Greece became the world champion of tax hikes in the decade between 2007-2017, with taxes going up a total of 8.2 percent. In the same period, tax revenue increased from 32 percent to 39.4 percent of GDP, according to...

Greece's Account Surplus Drops in June, But Tourism Revenues are Up

Greek current account surplus shrank in June, but tourism revenues were up, according to a Bank of Greece report released on Monday. The shrinking is the result of a trade gap and a deficit in primary income balance. Specifically, account surplus was...