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Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
EconomyBankingPiraeus Bank posted a net profit of 729 million euros in the nine months (9M) of 2022, from losses of 3.09 billion euros last year, due to 3.75 billion euros in clean-up impairments in 9M 2021. In 9M 2022, clean-up impairments stood at 287 million euros Asset quality The NPE ratio at the end of 9M
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Travel balance up to Nov reaches 15.62 bln, arrivals down 11 pct on 2019
EconomyMacroeconomyeuros in 2021, up roughly 15.9 percent year-on-year. Travel payments rose by 15.4 percent to 134 million... million visitors, compared to 30.66 million travellers up to November 2019.
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Current account deficit exceeded 20 bln last year, up from 12.27 bln in 2021
EconomyMacroeconomy. The goods balance showed a deficit of 39.02 billion euros, up from 26.72 billion euros in 2021... in 2021. Travel receipts were 17.63 billion euros, up from 10.6 billion euros in 2021 and 4.32 billion
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Balance sheet clean-up spurs Piraeus to net profit of 899mln, 1.22bln NII in 2022
EconomyBankingPiraeus Bank posted a net profit of 899 million euros in the full year 2022, from losses of 3 billion euros last year, due to 3.87 billion euros in clean-up impairments in 2021. In 2022, clean-up impairments stood at 320 million euros. Normalised operating profit was 577 million euros in 2022, from
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Building permits grow by 9 pct in Nov, up 3.9 pct over 11M
EconomyMacroeconomy, permits are up by just 3.9 percent YoY to 22,646. The corresponding surface is lower by 11.9 percent... recovery, turning positive to 7.7 points, from -24.2 point in January. Now the index is up by over 8
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Building permits up 5 pct in 2022, moderating from 26.6 pct rise in previous year
EconomyMacroeconomy2022, permits are up by just 5 percent YoY to 25,165. The corresponding surface is lower by 8.2... recovery, turning positive to 7.7 points, from -24.2 point in January. Now the index is up by over
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Despite marginal rise in Mar, Q1 trade deficit down 19 pct, exports up 17.8 pct
EconomyMacroeconomy, imports from EU countries were up by 5.6 percent to 9.99 billion euros, while imports from non-EU markets... to 7.97 billion euros, and non-EU exports were up by 11.4 percent at 5.74 billion euros.
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Travel surplus continues to grow in March, up 55 pct YoY in Q1
EconomyMacroeconomyeuros in 2022, up roughly 46 percent year-on-year. Travel payments rose by 26.4 percent to 167.4 million euros. Arrivals were 666,100 in March, up 60.8 percent from 2022. EU arrivals were 348,200
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Current account deficit narrows to 5.63 bln up to April, down 3 bln YoY
EconomyMacroeconomy27.56 billion euros in April 2022. Exports were 17.34 billion, up from 15.47 billion last year... 1.49 billion euros, from 1.08 billion up to April 2022.
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Travel balance up 16 pct YoY in Apr, at 1.49 bln in first four months
EconomyMacroeconomyeuros in 2022, up roughly 20 percent year-on-year. Travel payments rose by 27.8 percent to 262.9 million euros. Arrivals were 1.37 million in April, up 30 percent from 2022. EU arrivals were 797,900
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