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EU elections in Greece: Applying a different scale of values
Agora. He said he would instead implement a 1:1 hiring ratio. Three months later, at New Democracy’s party... impact at around 1 billion euros, while the institutions reportedly think it is closer to 1.5 billion
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Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
EconomyMacroeconomythe 1 million mark for a fourth consecutive quarter. However, Q1’s unemployment figure was the highest... age group where unemployment fell by 2.8 pps to stand at 28.3. An increase of 1 pps was seen in those... unemployed (over 1 year) declined for a seventh consecutive quarter to 589,000. Out of the total, long
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Q2 rise of 7.7 pct in apartment prices marks 12-year high
EconomyMacroeconomythat house prices increased by 1.7 percent in 2018, compared to an average price contraction of 1... compared to a downward revised decrease of 1 percent in 2017. Properties up to five years old saw price... on average by 2.7 percent in Athens and by 1 percent in Thessaloniki. In other cities, prices rose
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Greece aims to bolster Balkan role to dull impact of EU veto for Skopje, Tirana
PoliticsForeign Policyaffected by delaying the beginning of North Macedonia’s EU accession are: Article 1 paragraph 10... in accordance with Article 1 (3) shall commence at the opening of each EU negotiation chapter... following the agreement are referred to in paragraph 9 of article 1. They add that Skopje has a clear
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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBanking. The bank noted that in Q3, new disbursements of loans to the private sector amounted to roughly 1... offset a decline in state deposits. On an annual basis, deposits in Greece showed inflows of 1... percent compared to 103 percent in Q2 2019. Capital The Common Equity Tier 1 (CET1) ratio stood at 18
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BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
EconomyBankinginternal capital. The capital adequacy of Greek banks stood at 15.6 percent in Common Equity Tier 1... of NPEs between 1 and 10 percent brings relief of 500 million to 5.2 billion euros to the balance sheet in the form of risk weighted assets (RWA). With the exercise taking place at net book value, CET 1
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Newsletter 232 -13/12/2019
pct+1 of the junior notes have been sold to private investors and a satisfactory level... than the Italian criterion of having sold 50 pct+1 of both mezzanine and junior notes, with the aim... increased by 1.8 percent in 2018, compared to an average price contraction of 1 percent in 2017
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PDMA sets 2020 goals to build on improving conditions for debt
Economycompared to peers. Based on the assumptions of the European institutions, which see growth averaging 1..., in the volume of 3 billion euros, in line with the IMF repayment that took place this year. In scenario 1... billion euros. The PDMA outlines four main objectives in next year’s funding policy: 1) Enhance
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Population drops slightly in 2018 despite positive net migration flow
Societyof Greece was noted at 10,724,599 on January 1, 2019, compared to 10,741,165 for the same date in 2018... included people living in the country as of January 1 due to the refugee crisis. According to the data... of the total population. As of January 1, the population in Greece is split between 51.4 percent for females
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Piecemeal process likely in drive for more fiscal space
EconomyProgrammehinges on securing a 1 pct of GDP reduction in the surplus goal. The Greek side is arguing... billion euros, or 1 pct of GDP, and as such the primary surplus goal can drop to at least 3 pct over... on the borrowing front, but this is offset against the poor long-term growth trajectory of 1 pct. There is also
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