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  1. GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    . Final consumption expenditure decreased 2.2 percent (though government consumption was up 7.3... of GDP, making up around 95 percent of the total figure in Q4, with private consumption representing

    5%
  2. Unemployment at 16.2 pct in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    . A total of 750,135 people were registered as unemployed in Q4. The number of the unemployed decreased...). In comparison with the previous quarter, there is a decrease for employees (2.2 percent) and an increase

    5%
  3. Budget primary deficit confirmed at 1.5 bln in Feb, beating target
    Photo by MacroPolis

    EconomyMacroeconomy

    of road duties until March 1, as well as to the increased revenues from the PIB. State budget total... by 195 million euros or 2.2 percent. Tax refunds came to 602 million euros, below target by 85 million

    5%
  4. Eurobank posts Q1 net profit of 70 mln
    Image via www.eurobank.gr

    EconomyBanking

    , mainly due to rental income and fees from lending activities. Operating expenses decreased by 2.2.... Total Capital Adequacy came to 15.5 percent. The fully loaded Basel III CET1 ratio came to 11.9

    5%
  5. Budget primary shows deficit of 9.08 bln in July, beating revised target despite revenue shortfall
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros which was 738 million euros lower than its monthly target. State budget total revenues..., or 2.2 percent. The full revenue breakdown will be provided upon the release of the final budget

    5%
  6. Budget primary confirms deficit of 9.06 bln in July, beating target
    Photo by MacroPolis

    EconomyMacroeconomy

    euros which was 723 million euros lower than its monthly target. State budget total revenues stood at 29.5 billion euros for the first seven months, lower than the target by 651 million euros, or 2.2

    5%
  7. Trade balance worsens as Aug produces 43.3 pct deficit on back of pick-up in non-EU activity
    Photo via https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    on Friday. The deficit came to 2.2 billion euros for the month. Imports totalled 5 billion euros... that the trade deficit increased by 20.4 percent, bringing the total to 14.61 billion euros. Imports

    5%
  8. Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
    Photo by MacroPolis

    EconomyBanking

    billion euros gross book value, and the sale of Sky portfolio, of Cypriot NPEs worth 2.2 billion... the 800 million euros share capital increase that took place in July. The bank’s Total Capital Ratio

    5%
  9. PDMA's debt strategy for 2022 includes green bond in 12 bln haul
    Photo byPanayotis Tzamaros/Fosphotos

    Economy

    and place Greece at the forefront of eurozone sovereign issuers. According to the PDMA, the total... rates sliding from 4.5 pct next year to 2.5 pct in 2025 and primary surplus of 2.2 pct of GDP from

    5%
  10. Govt treads carefully on economic relief measures, hoping normality is near
    Photo by MacroPolis

    PoliticsGreek Politics

    of the 2019 revenues and a freeze of tax dues for January, bringing the total outlay to around 80.... The industry also argues that it has a multiplier effect of 2.2 so its impact on the wider economy

    5%