Search
-
Travel receipts almost double, but current account deficit rises by 78 pct in 9M
EconomyMacroeconomyGreece posted a current account (C/A) deficit of 811.4 million euros in September, from a surplus of 449.1 million euros in August, Bank of Greece (BoG) data showed on Monday. In September 2021, the balance showed a deficit of 296.3 million euros, while...
11% -
Arrivals nearly double year-on-year in 10M, travel receipts exceed 17 bln
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 1.31 billion euros in October, from 2.67 billion euros in September, according to Bank of Greece (BoG) data released on Thursday. October’s balance was higher than the 1.13 billion euros registered in Octobe...
11% -
Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate
EconomyGreece’s debt managers leveraged the positive sentiment after S&P’s revision of the outlook for Greek Government Bonds (GGB) to positive last Friday and issued a new 30-year bond on Wednesday, the longest maturity since the same issuance in early 2021. ...
11% -
Car market growth slows to 4.9 pct for 9M, from 23.1 pct last year
EconomyMacroeconomyfigure standing at 13,691. The remainder was made up of lorries (1,825) and buses (113), both down... buses and lorries dropped, by 68.4 and 21 percent for new and 27.9 and 32.8 percent respectively for buses and lorries. In the first nine months of 2022, 163,160 road motor cars were sold. The 4.9 percent
11% -
Greek trade deficit up by 21.9 pct in May as exports sink further
EconomyMacroeconomycountries recorded a double-digit decrease (-10.1 percent). The 5-month figures show trade deficit..., while exports landed at 10.65 billion. Excluding oil products, the 5-month imports posted
11% -
National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBanking. The yearly drop mainly stems from a double-digit decrease in personnel expenses (down 16 percent), while... to the recognition of additional deferred tax asset (DTA) of 994 million. Excluding one-offs, net profit landed
11% -
National Bank posts 9-month profits of 1.18 bln
EconomyBankingby a modest 1 percent QoQ. The yearly drop mainly stems from a double-digit decrease in personnel... from losses of 178 million last year. In addition, comparable quarterly net profits landed at 91
11% -
National Bank posts net loss of 1.1 bln in Q4
EconomyBankingwas slashed by 12 percent mainly attributed to a double digit drop in personnel (-14 percent) and general... ratio for the whole year landed at lower levels (56.3 percent) suggesting an improvement by 4 pps year
11% -
Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance
EconomyMacroeconomyrevenues (before tax refunds) fell for the third successive month at a double-digit rate by 16.2 percent... leading to higher arrears. Τax refunds decreased by 22.8 percent in the 7-month period and landed
11% -
Budget revenues rebound in August but shortfall remains at 4.2 bln
EconomyMacroeconomypercent in August after falling at double-digit rates in the preceding three months. Our... this year and landed at 4.09 billion euros, slightly above the 4.06 billion provided by the MoF
11%