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Deaths continue to outpace births in latest demographic warning
SocietyThe decline in Greece’s demographic profile shows no signs of slowing down according to data from... in the country. Breaking down the data, ELSTAT showed that in 2018, live births fell by 2.4 percent..., down from a negative balance of -35,948 in 2017. Greece’s demographics have been struggling for some
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Newsletter 223 -11/10/2019
this as a credible fiscal alternative given that they have shot down similar proposals in the past... deficit down by 1.7 pct in August Aggregate figure shows trade deficit increased by 7.7 percent..., while exports rose at a milder rate and rose by 1.9 percent. CPI edges down by 0.1 pct in September
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Loan interest drops to 4.59 pct in September
EconomyMacroeconomycorporations came to 4.59 percent in September, down 9 basis points (bps) from the rate of 4.68 noted... average interest rate on all existing loans stood at 4.06 percent, down by 3 bps. The spread between existing loan and deposit rates edged down to 3.81 percentage points. The average interest rate
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Newsletter 229 -22/11/2019
million visitors. 2 Central govt debt down to 353.85 bln in Q3 Average maturity remains stable at 21 years... reading for the year so far and the second consecutive negative reading. Industrial turnover down... reading. Greece’s industrial turnover edged down by 0.5 percent year-on-year (YoY) in September
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Eurobank net profits at 56.3 mln in Q3 from continued operations
EconomyBankingto 149.1 million euros, down by 13 percent compared to the figure for 9M months of 2018. Core pre... stood at 608.5 million euros, down by 2.9 percent YoY. Asset quality The non-performing exposure... from 25.9 percent in Q2 while the NPL coverage ratio edged down to 68 percent. Eurobank noted
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBanking. The respective NPE coverage by cumulative provisions ratio edged down to 46 percent. Since... As mentioned, NII stood at 353 million euros, down by 1 percent QoQ and representing a rise of 1 percent... at 800 million at the end of Q3 2019, down by 2 billion YoY. The bank fully eliminated ELA funding
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Newsletter 232 -13/12/2019
but failed to come up with any viable proposals. Even now, New Democracy had to water down its... in November. Month-on-month, the HICP edged down by 0.7 percent. Industrial production down by 0.3 percent
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In Washington, Mitsotakis stresses economic recovery, geopolitical importance as IMF departure announced
PoliticsGreek Politicsannouncement that the International Monetary Fund intends to shut down its office in Athens... down in the coming months. The move was described as a “common decision” intended to usher in a new era of “positive cooperation.” The IMF shutting down its office in Athens carries a significant
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Newsletter 234 -10/01/2020
would be shutting down in the coming months. The move was described as a “common decision” intended to usher in a new era of “positive cooperation.” The IMF shutting down its office in Athens carries... by 4 bps to 4 percent. The spread between existing loan and deposit rates edged down to 3.77 percentage
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Current account posts deficit of 1.39 bln in November
EconomyMacroeconomy. In the same period last year, the deficit was 1.44 billion euros, down by 54 million year-on-year (YoY... a slight surplus of 87.4 million, down by over 42 percent compared to the same period last year... months of last year. Total exports edged down to 29.68 billion, dropping by 0.8 percent. Imports
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