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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBankingin mid-July 2018, meaning ECB funding makes up the total current sum. QoQ, the bank reduced its ECB... as of Q3 2019 was 14.4 percent, while pro-forma total capital, including the Tier II issue, came to 15.3... strengthen the CET1 and total capital ratio at 15.1 percent and 16.0 percent respectively. Commenting
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Government opts for modest tax relief, but who will benefit?
EconomyFeaturesjust starting out who will be taxed at a lower introductory rate. The total cost of adjusting... to roughly 40 percent of total declared incomes. Business Also included in the tax package is a reduction... percent in 2021. Tax on dividends has been halved from 10 percent to 5 percent, at a total cost of 75
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Unemployment edges down to 16.8 pct in September
EconomyMacroeconomyby 61,895 or a rise of 1.6 percent. Total employment reached 3.91 million people. ELSTAT’s data... with September 2018 (-0.2 percent). The total inactive population now stands at 3.22 million. The unemployment... to the same month last year, there were 2,690 fewer people fired than hired. Total hirings came
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Unemployment drops to 16.4 pct in Q3
EconomyMacroeconomy2011. This was combined with a QoQ rise of around 15,500 in those employed, bringing the total to 3.97... to 572,000. Out of the total, long-term unemployed constitute 73.6 percent in Q3. The latest quarter’s... percent of total), agriculture, forestry and fishing (11.3 percent), accommodation and food service
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Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
EconomyMacroeconomyYoY. Total exports in October came to 2.77 billion euros, from 3.02 billion last year, a drop exceeding 8 percent. At the same time, total imports reached 4.82 billion euros, from 5.43 billion euros... billion, from 18.97 billion in the ten months of last year. Total exports rose to 27.04 billion, from
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Unemployment edges down to 16.6 pct in October
EconomyMacroeconomyor a rise of 1.7 percent. Total employment reached 3.93 million people. ELSTAT’s data showed... (-0.4 percent). The total inactive population now stands at 3.21 million. The unemployment rate... month last year, there were 2,690 fewer people fired than hired. Total hirings came to 208,583 versus
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Primary cash balance surplus at 5.56 bln in December
EconomyMacroeconomybillion euros against last year’s total of 50.79 billion. Expenditure for December fell by 829 million... and came to 359 million euros compared to 494 million euros last year. In the aggregate total, interest... showed a drop of 686 million euros, bringing the total to 51.55 billion euros. The Public Investment
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Current account posts deficit of 1.39 bln in November
EconomyMacroeconomy. Travel payments rose to 226.4 million, up by 38.9 percent. Total exports in November came to 2.64..., total imports reached 4.32 billion euros, declining by 7.4 percent YoY. On an aggregate basis, the C... months of last year. Total exports edged down to 29.68 billion, dropping by 0.8 percent. Imports
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Greek banks eye positive market appetite for bad loan sales
EconomyBankingthe total from the current 24 billion down to 8 billion by the end of 2022. The NPE ratio... a mixed portfolio, which carries a total gross book value of 12 billion euros. Up to 3.7 billion euros... that as of Q3 2019, NPLs stood at 71 billion euros or 42.1 percent of total loans. Greece’s four
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Unemployment continues decrease in Nov, falling to 16.5 pct
EconomyMacroeconomyor a rise of 2 percent. Total employment reached 3.91 million people. The data showed that there were... (-0.6 percent). The total inactive population now stands at 3.23 million. The unemployment rate.... Total hirings came to 200,243 versus 203,909 departures. Around 65 percent of all departures were
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