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Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
EconomyBankingdeterioration in the loan portfolio that led to their NPE ratio soaring from 5.5 percent of total
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Newsletter 108 - 24/02/2017
in 2009. In 2010, it began to rise rapidly, soaring by around 10 pp per annum over the next two years
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Stocks edge up 0.9 pct, trading activity remains subdued for third straight week
Economysubdued for the third consecutive week. Corporate news Hellenic Petroleum posted soaring net profits
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Job hirings at record high of 24,938 in Feb, negative employment balance for year-to-date
EconomyMacroeconomyThe employment balance remained positive in February 2017 with net hirings soaring to 24,938 from 14,437 last year, data from the Labour Ministry’s Ergani information system revealed on Thursday. This year’s figure is the highest positive reading for February since 2001. The breakdown showed
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Newsletter 110 - 10/03/2017
, with net hirings soaring to 24,938 from 14,437 last year, data from the Labour Ministry’s Ergani
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Industrial production increases by 7.2 pct in January
EconomyMacroeconomymovement in IPI mostly reflects soaring electricity production (+28.6 percent), which makes up around 21
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Trade deficit soars in Jan on ship imports from non-EU countries
EconomyMacroeconomyGreece’s trade deficit surged by 91.7 percent in January, following a rise of 4.8 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. The sharp rise mainly reflects soaring ship imports from non-EU countries, which caused a 52.1 percent rise to 4.46 billion euros
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Stocks down by another 1.4 pct over week as Brussels talks prove inconclusive
Economyprofit soaring to 127.4 million euros from 33.8 million a year ago, while turnover grew by 8 percent
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Trade deficit surges 17.7 pct in Feb on double-digit growth in imports
EconomyMacroeconomylargely reflected soaring ship imports from non-EU countries. The increased trade deficit
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Car sales increase by 43.5 pct in March and 35.6 pct in Q1
EconomyMacroeconomyRoad motor vehicles (going into circulation for the first time) continued heading north soaring by 43.5 percent in March after a broadly similar rise of 43.1 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The headline figure for March is the third straight
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