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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingpercent in Q2 from 71 percent in Q1. The total Greek deposit yield stood at 37 bps in Q2, down from.... As of the end of 2017, NBG had fully eliminated Emergency Liquidity Assistance. The total amount currently... ratio stands at 16 percent with the Total Capital ratio at 17 percent, including the Tier II bond. Both
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Unemployment edges down again in June, falling to 17 pct
EconomyMacroeconomy. Year-on-year, the figure for those employed increased by 80,061 or a rise of 2.1 percent. Total... with June 2018 (-0.4 percent). The total inactive population now stands at 3.19 million... when a negative balance of 16,658 was noted. Total hirings came to 250,319 versus 265,010 departures
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VAT gap remains high as non-compliance overtakes revenue rise
EconomyFeaturesVAT Total Tax Liability (VTTL). Out of the European Union countries surveyed, Greece fared among... of all EU 28 countries. Based on the VAT collection figures available, the total amount of VAT lost across the EU in 2017 is estimated at 137.5 billion, equal to a loss of 11.2 percent of the total
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Unemployment drops to 16.9 pct in Q2, hitting eight-year low
EconomyMacroeconomy142,200 in those employed, bringing the total to 3.96 million. The largest increase in employment in Q2... for an eighth consecutive quarter to 570,100. Out of the total, long-term unemployed constitute... sectors: wholesale and retail trade (17.3 percent of total), agriculture, forestry and fishing (11.5
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Current account balance shows surplus of 1.28 bln in July
EconomyMacroeconomyago. Total exports in July came to 3.03 billion euros, against 2.86 billion in July last year, showing a rise of 6 percent. At the same time, total imports reached 5.04 billion euros, from 4.69... billion to a deficit of 13.61 billion. Total exports rose by 2.2 percent, while imports rose by 4.7
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Household expenditure edges up again in 2018, still well below pre-crisis level
Societyaccounted for 20.2 percent of total expenditure, housing (14.1 percent) and transport (13 percent... percent of the average monthly expenditure of total households. In contrast, the average monthly... by the poorest 20 percent of the population equalled 33.9 percent of total household expenditure, while
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Newsletter 222 -04/10/2019
still stood at 45.4 percent of total loans, down from 47.2 percent. Meanwhile, the effects from... for such hotels. For 2019, total losses to Greek hotels stemming from the collapse of Thomas Cook were estimated at 315 million euros. Out of the total, 138.2 million euros relate to pre-collapse amounts, and 52
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Unemployment edges down to 16.9 pct, below 17 pct for first time since 2011
EconomyMacroeconomy. Year-on-year, the figure for those employed increased by 59,599 or a rise of 1.5 percent. Total... percent). The total inactive population now stands at 3.22 million. The unemployment rate among women... month last year, the hirings balance was 3,905 lower this September. Total hirings came to 308,121
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IMF revises fiscal outlook, sees lower primary surpluses in coming years
EconomyMacroeconomya small surplus over the next three years before a total deficit of 0.5 percent in 2023 and 2024. The IMF..., while it expects to run a total surplus of 0.1 percent next year. In cyclical terms, Greece continues to run a total surplus of 1.7 percent this year and 0.1 percent in 2020, before turning to a deficit
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Curr​ent account balance shows surplus of 1.87 bln in August
EconomyMacroeconomyhigher net payments of the other (excluding general government) sectors. Total exports in August.... At the same time, total imports reached 4.20 billion euros, from 4.46 billion euros last year, a drop.... Total exports rose by 1.1 percent, while imports rose by 3.4 percent.The respective amounts came
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