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  1. Feb current account deficit at 990.4 mln as services balance improves
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million compared to a surplus of 28 million a year ago. BoG noted that at constant prices, total exports of goods rose by 4.6 percent (+10.7 percent at current prices), and total imports rose by 4.5 percent..., declining by 0.1 percent at constant prices. The total figure for exports in the first three months

    3%

  2. Detailed SME study shows crisis impact and business evolution
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    . The data showed that in 2016 compared to 2008, the total number of enterprises recorded fell by 9.4... as a total of SMEs also declined from 93.3 percent in 2008 to 87.7 percent in 2016. The five SME sectors... the series began. A total of 921 bankruptcies were noted in this year. This was followed by 886 in 1999

    3%

  3. Travel balance rises to 51 mln in Feb as receipts shoot up by 29.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    percent to 19,000. Finally, visitors from Russia fell by 12 percent to 8,500. In total, arrivals from... an increase of 13.2 percent to 499,900. In total, arrivals rose by 7 percent in the first two months... arrivals at Greek airports rose by 12.9 percent. In total, road and air arrivals for the year came

    3%

  4. Debt relief measures move ahead as Athens prepares to use fiscal space
    Photo by MacroPolis

    EconomyProgramme

    in total, the European Stability Mechanism (ESM) will transfer 644.42 million euros, which relates to the income earned on SMP/ANFA bond holdings. The total financial benefit of the measures agreed... to repay in the coming weeks around 40 percent of the total it owes to the IMF. This concerns

    3%

  5. Athens plans to use cash buffer to create fiscal leeway for expansionary measures
    Photo by MacroPolis

    EconomyProgramme

    million euros, while the impact of the measures in 2021 is estimated at a total of 1.22 billion euros, followed by 2.33 billion in 2022. This comes to a total of 5.5 billion euros over the next four... 1.9 billion euros, is added to this the total amount comes to almost 7.5 billion euros. According

    3%

  6. Unemployment for Feb comes to 18.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    employed increased by 90,531 or a rise of 2.4 percent. Total employment reached 3.83 million people... compared with February 2018 (-1 percent). The total inactive population now stands at 3.25 million... hirings. Total hirings came to 202,157 versus 158,784 departures. Ergani noted that the balance

    3%

  7. Travel balance at 94.8 mln in Mar and 211.9 mln in three-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    , visitors from Russia rose by 151.7 percent to 11,300. In total, arrivals from the EU 28 countries fell... of 19.1 percent to 863,300. In total, arrivals rose by 7.8 percent in the first three months of the year... airports rose by 12.9 percent. In total, road and air arrivals for the year came to 33.2 million visitors

    3%

  8. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    quarter of last year are priced higher than the total portfolio, stimulating the NII dynamics... wholesale funding cost impact following the total elimination of Emergency Liquidity Assistance (ELA... funding in mid-July 2018, meaning ECB funding makes up the total current sum. Management said

    3%

  9. Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
    Image via www.piraeusbankgroup.com

    EconomyBanking

    entered into a strategic agreement with Intrum for the management of NPLs worth a total of 27... inflows, plus third party REOs. The agreement values the platform at 410 million euros. The total... by 86 million in Q1, marking a fourth consecutive quarter of declines, bringing the total to 13

    3%

  10. Unemployment drops to 18.1 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    for those employed increased by 77,947 or a rise of 2.1 percent. Total employment reached 3.85... persons compared with March 2018 (-0.5 percent). The total inactive population now stands at 3.26... 10,649 more hirings. Total hirings came to 282,181 versus 171,286 departures. Just over 54.3 percent

    3%