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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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Alpha Bank posts net profits of 53 mln in 2018
EconomyBankingeuros in total and consist of individual corporate loan sales and an unsecured portfolio. Overall... coverage ratio standing at 48 percent, and total NPE coverage at over 100 percent. The bank... at 16.2 billion, falling further to 7.4 billion by the end of 2021. In total, this represents
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Piraeus Bank posts net profit of 185 mln in 2018
EconomyBankingand had a total gross book value of 1.8 billion. Two further bad loan portfolio sales are also on schedule with a total gross book value of 1.7 billion euros. These are code named Project Nemo, (secured... and commission income on a recurring basis as a percentage of total assets improved to 50 bps in 2018 from 49 bps
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Lenders deem second post-MoU review over, Athens waits for debt relief
EconomyProgramme’ worth of benefits and for 219 households payments will begin as of March 1. The total monthly cost.... The payments will cover a total of 508,122 people (applicants and dependents). Within the wider... by the International Monetary Fund. These total almost 10 billion euros and it is though that Athens
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Newsletter 201 -21/04/2019
, NPEs stood at a total of 81.8 billion euros, which was 12.7 billion lower compared to the end of 2017... stepped up to recover amounts, the data also revealed that a total of 42,877 debtors (1.1 percent) to the state owe over 93 billion euros in total, while 3.6 million debtors (87.4 percent) collectively owe
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Feb current account deficit at 990.4 mln as services balance improves
EconomyMacroeconomymillion compared to a surplus of 28 million a year ago. BoG noted that at constant prices, total exports of goods rose by 4.6 percent (+10.7 percent at current prices), and total imports rose by 4.5 percent..., declining by 0.1 percent at constant prices. The total figure for exports in the first three months
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Detailed SME study shows crisis impact and business evolution
EconomyFeatures. The data showed that in 2016 compared to 2008, the total number of enterprises recorded fell by 9.4... as a total of SMEs also declined from 93.3 percent in 2008 to 87.7 percent in 2016. The five SME sectors... the series began. A total of 921 bankruptcies were noted in this year. This was followed by 886 in 1999
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Travel balance rises to 51 mln in Feb as receipts shoot up by 29.6 pct
EconomyMacroeconomypercent to 19,000. Finally, visitors from Russia fell by 12 percent to 8,500. In total, arrivals from... an increase of 13.2 percent to 499,900. In total, arrivals rose by 7 percent in the first two months... arrivals at Greek airports rose by 12.9 percent. In total, road and air arrivals for the year came
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