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Hiring balance slows in June as job market returns to normal levels
EconomyMacroeconomyGreece’s employment balance slowed down in June with 19,113 more hires than departures, according... by 45 percent compared to last year, as all measures preserving jobs are wound down. Both hirings... age group. Broken down by employment activity, accommodation jobs dominated with 35,838 more hires
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Business transformation brings profit of 243 mln euros for Alpha Bank in H1
EconomyBanking-provision income (PPI) in H1 was 337 million euros, from 462 million in H1 2021, down by 27 percent. In Q2... billion euros - the NPE ratio was down to 8.2 percent in H1, from 13.1 percent in the end of 2021... was 586 million euros in H1, down by 23 percent from 764 million euros last year. NII was 303
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Growth in private sector deposits slows to 483 mln in July as corporate deposits drop
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in July slowed down... percent, down from the 6.9 percent in June, and the 6.3 percent in May. The outstanding balance... at notice decreased by 71 million to 2.58 billion and other deposits were down by 298 million to 24.23
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Deposits growth slows to 89 mln in Aug as corporations record back-to-back drops
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in August slowed down further... the negative trend reversed. The annual growth in August was 5.2 percent, from 6.1 percent in July, and down... and other deposits were down by 153 million to 24.12 billion. There was a drop in corporate deposits
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ND sees limited political threats on path to next year's elections
PoliticsGreek Politicsfunds it can available to bring down the cost of bills for consumers. By the end of this year, spending..., will now lead to the matter dying down and being largely forgotten. In an interview with The Times, Mitsotakis sought to play down the phonetapping issue “I have not been able to get to the bottom
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Industrial production up by 3.9 pct in Aug as rare monthly contraction is recorded
EconomyMacroeconomymovement was led by electricity supply, down by 4.5 percent, mining down by 1.9 percent, manufacturing... in September, from -1.6 in August. Since October last year, industry confidence is down by 13.8 points
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Education hirings offset losses in tourism for Sept as 9M figure drops by 21,394 jobs YoY
EconomyMacroeconomypreserving jobs have been wound down. Hires were up by 39,266 jobs compared to September last year... for the other age groups with the highest at 30-44 by 30,330. Broken down by employment activity, education..., as the high tourism season gets wound down. The top job is teachers with 57,098 positions created
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PM gives full support to police amid fresh criticism
PoliticsGreek Politicsdown, the disruption caused by public protests being limited, more night-time patrols... mistakes that will trigger “unfair criticism” of the force. He also called on critics to tone down... that the PM is doubling down on this policy. His words of support for the police appear designed
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Industrial turnover up 42 pct YoY in Aug, but drops 15 pct MoM
EconomyMacroeconomyin manufacturing and 10.1 percent in mining and quarrying. Monthly, the domestic market was down by 14.8 percent while the foreign markets were down by 15.4 percent. Greece’s Manufacturing PMI improved... last year, industry confidence is down by 13.8 points. Overall, Greece’s economic sentiment (ESI
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Alpha Bank profits of 92.7 mln in Q3 raise 9M income to 335.4 mln
EconomyBanking-provision income (PPI) in 9M was 585.6 million euros, from 652.4 million in 9M 2021, down by 10.2 percent... worth 2.2 billion euros - the NPE ratio was down to 8 percent in 9M, from 8.2 percent in the same.... P&L NII was 925 million euros in 9M, down by 14.2 percent from 1.08 billion euros last year. NII
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