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Newsletter 159 -27/04/2018
produced a total surplus of 1.45 billion euros, which translates into 0.8 percent of GDP. The primary... are broadly in line with Greece’s fiscal performance in 2016 when the latest figures report a total... remained broadly unchanged, with a small revision by 0.1 percent higher in the total balance for 2016
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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomycharacterised by confusion and instability. Between 2001-2015, the report counted a total of 36... in Greece . The total tax rate for businesses when insurance contributions are factored in was 44... total revenues from legal entities. This represents revenue which companies classed as tax but did
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Hirings balance hits record high of 100,246 in April
EconomyMacroeconomy55.5 percent were layoffs. Full-time hirings increased to 55.6 percent of the total, representing.... For the first four months of the year, full-time employment increased to 49.8 percent of the total, compared... year, full-time employment came to 50.6 percent. The share of males among total hirings fell to 55.5
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Car sales increase by 29.3 pct in April and by 32.2 pct in four-month period
EconomyMacroeconomystood at 13,367. Out of the total, passenger car sales rose by 32.1 percent with the absolute figure standing at 15,127. At around 87.5 percent, passenger cars accounted for the majority of total monthly... percent, coming to 68,511 cars. Of the aggregate total, 39,781 were new vehicles, representing
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Eurosystem funding decline picks up pace to 3.26 bln in April
EconomyMacroeconomyfunding to 21.59 billion euros for the month, down from the total of 24.84 billion noted in March... the majority of total liquidity, at 52.7 percent. In April, the collateral pledged with the BoG fell..., the lowest total since December 2014. Banknotes in circulation have continued to decline across the last
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Deposits stay positive with 870.1 mln inflow in April
EconomyMacroeconomyby 410.3 million during the period. The total balance for the aggregate period last year showed... aggregate figure since December 2015. Total deposits, which also include the general government (gg... brought central bank funding to 21.59 billion euros for the month, down from the total of 24.84
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingof the total loan portfolio last December. Write-offs have so far been the main tool in reducing... to a total of 1 billion which the bank aims to sell by October 2018. Towards the end of 2018..., totalling roughly 1 billion euros, which are collateralised. This would bring the total sales of NPLs
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Eurobank net profits at 34.5 mln in Q1
EconomyBanking). The target for NPE stock across the rest of the year is for the total to stand at 15.6 billion... not been serviced for around 5 years, coming to a total of 1 billion which the bank aims to sell... activities and capital markets. Net fee and commission income accounted for 45 basis points of total assets
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Unemployment at 20.1 percent in March
EconomyMacroeconomy, the figure for those employed has risen by 74,890. Total employment remained above 3.7 million... in accommodation and catering. Full-time hirings increased to 55.6 percent of the total, representing.... This took the total for 2017 to 21.5 percent, which is the lowest since 2011.
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Car sales up by 18.7 pct in May, motorcycle sales rise 16.3 pct
EconomyMacroeconomy, when the absolute figure stood at 16,826. Out of the total, passenger car sales rose by 21.6... of the total car sales during May. Over half of all passenger cars sold were registered in the Attica... cars. Of the total, 52,940 were new vehicles, representing an increase of 22.3 percent. Passenger car
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