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Alpha Bank and Eurobank start new year with further bad loan sales
EconomyBankingunsecured NPLs (Mercury project) with a total outstanding balance of 2.1 billion euros and a total... pile. The merger also meant that Eurobank is now the best capitalised bank in Greece, with total
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Car sales rise by 4.1 pct in Dec, taking annual increase for 2018 to 22.6 pct
EconomyMacroeconomycame to 9,195 compared to 13,721 in December 2017. Out of the total, passenger car sales rose by 4.2...), motorcycles (1,287) and buses (101). Passenger cars accounted for around 83 percent of the total car... cars. Of the total, 110,769 were new vehicles, representing an increase of 16.4 percent. Passenger car
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Tourism continues on upward trajectory as latest figures signal record-breaking arrivals
EconomyMacroeconomyin the first nine months of the year. Total receipts from cruise passengers were down by 2.9 percent... arrivals fell by 7.2 percent in the month and by 2.4 percent in the aggregate period. In total... and reached a total of 32.1 million arrivals. Of these, 20.3 million were arrivals by air and 11.9 million
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Newsletter 193 -08/02/2018
of year general government bulletin also showed this week that 2018 ended with a total of 2.04 billion... percent. Year-on-year, the figure for those employed increased by 138,566 or a rise of 3.7 percent. Total... showed a rise of 1.1 percent in the trade deficit, bringing the total shortfall to 21.47 billion
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Newsletter 196 -01/03/2019
of the three (out of a total of 16 reforms) with which the European Commission is not yet satisfied... level of ambition” in tackling state arrears, noting that the effort to bring total arrears down close... by 1.55 bln Drop in sight deposits main driver of outflows for the month Total deposits, which also
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingquarter. In total, the management noted that NPE stock fell by 3.5 billion year-on-year (YoY) to 16.7... with Grivalia is set to leave Eurobank with the highest total capital ratio in Greece. P&L NII rose... basis points of total assets in 2018. Operating expenses fell by 2 percent QoQ to 461.5 million in Q4
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Car sales rise by 15.7 pct in Feb
EconomyMacroeconomycompared to 13,317 in January 2018. Out of the total, passenger car sales rose by 16.2 percent... (1,875) and buses (105). Passenger cars accounted for around 84 percent of the total car sales... to 36,038 cars. Of the total, 18,183 were new vehicles, representing an increase of 7.2 percent. Passenger
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Unemployment rate inches up to 18.7 pct in Q4
EconomyMacroeconomyin those employed, bringing the total to 3.8 million. The largest increase in employment in Q4 compared... for a seventh continuous quarter to 610,800. Out of the total, long-term unemployed constitute 69.3 percent... economic sectors: wholesale and retail trade (17.9 percent of total), agriculture, forestry and fishing
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A snapshot of the Greek economy
Agora) exceeded a total of 11.8 billion, driving down the interest rate to 3.9 percent from the initial 4.125... of total credit extended to the economy stood at -1.4 percent from -1.3 percent in the previous month... million in the previous month. The annual growth rate of total deposits stood at 8.0 percent from
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Travel balance rises to 66 mln in January
EconomyMacroeconomyto a total of around 660,000 visitors for the month. The average expenditure per trip also rose... 25,000. Visitors from Russia rose to 10,000 visitors. In total, arrivals from euro-denominated areas..., international arrivals at Greek airports rose by 12.9 percent. In total, road and air arrivals
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