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  1. Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021
    Photo by MacroPolis

    EconomyBanking

    income was 328 million euros of one off. Total operating expenses stood at 408 million, from 427... to significant NPE de-risking. Capital The reported CET1 ratio in H1 was 11 pct, while the total capital ratio was at 15.7 pct. The pro forma fully loaded CET1 and total capital ratio stood at 9.5 pct and 14.3

    16%
  2. Public debt records first marginal drop, to 394 bln, in Q2 as IMF repaid and bond activity limited
    Photo by MacroPolis

    EconomyMacroeconomy

    to make up the bulk of the total, accounting for 61 percent. The value of FSM loans came to 239.53... was signed in mid-summer 2015. The weighted average maturity of the total debt fell marginally... made up 73.3 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years

    16%
  3. Newsletter 349 - 02/09/2022

    Newsletters

    . A total of 142 opposition MPs voted for the centre-left party’s motion (one was absent). Only 120... the attention of markets. According to a recent study by the Bruegel think-tank, the total amount... became significantly more expensive than initially envisaged. The total subsidy for September will come

    16%
  4. Newsletter 352 - 23/09/2022

    Newsletters

    , or coalition, would need a total of around 44 pct of the vote. A poll carried out by Pulse for Skai... specified that the total support package for energy will reach 13.2 billion euros, from 8.5 billion... picking up the rest. Out of the total package the electricity and gas subsidies for households

    16%
  5. Newsletter 354 - 07/10/2022

    Newsletters

    -right parties are polling between 7 and 10 pct of the total vote and if more than one..., where indirect taxes of 31.47 billion euros are expected in 2022, out of a total of 54.61 billion euros in tax revenues, close to 58 pct of the total. This compares to 16.56 billion euros in income taxes

    16%
  6. Public debt records back-to-back quarterly drops, falling to 393.49 bln in Q3
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 1.6 billion euros in Repos. FSM loans continue to make up the bulk of the total, accounting for 61.... The weighted average maturity of the total debt fell marginally to 18.01 years in Q3, from 18.17 years in Q2... by residual maturity showed that long-term (over 5 years) debt made up 73.5 percent of the total, while

    16%
  7. Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total deficit is seen at 2 pct of GDP, 4.46 billion euros, from a deficit of over 4 pct, 8.54... billion euros. The total fiscal cost of the pandemic interventions in 2022 was 4.4 billion euros. The fiscal interventions for 2023 total 4.2 billion euros, with 2.43 billion euros coming from revenues

    16%
  8. Q3 unemployment of 11.6 pct is lowest rate since Q1 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    the Q3 2021 figure of 13 percent. A total of 555,567 were registered as unemployed in Q3...-term unemployed (more than 1 year) came to 349,500 people, representing 62.9 percent of the total... (19.1 percent). Part-time employment was 7.2 percent of total, while the share of persons

    16%
  9. Newsletter 371 - 24/02/2023

    Newsletters

    than 40 pct of the total deals of last year, led by the sale of Chipita to Mondelez for 1.37 billion... that the value of the top 5 transactions in 2022, which stood at 4.25 billion euros, exceeds the total of deals of 2021. In 2022, the incoming transactions were 35 pct of total, from 29 pct in 2021

    16%
  10. Unemployment edges up to 11.9 pct in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    . A total of 558,416 were registered as unemployed in Q4, increasing by 0.5 percent from the previous... of the total unemployed. Alarmingly, the largest portion, 143,300, has not worked for more than four... without employees (19.8 percent). Part-time employment was 8.1 percent of total, while the share

    16%