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Current account deficit to Oct plunges to 8.7 bln as energy impact eases and imports drop
EconomyMacroeconomy, the balance showed a deficit of 2.71 billion euros, while in October 2021 the current account posted a deficit of 1.15 billion euros. The deficit for the balance of goods came to 2.98 billion euros... balance reached a deficit of 592.4 million euros, from 1.68 billion euros last year. The balance
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Nov current account deficit widens to 3.3 bln, 11M falls below 12 bln
EconomyMacroeconomy, the balance showed a deficit of 3.91 billion euros, while in November 2021 the current account posted... for the balance of goods came to 2.89 billion euros in November, compared to a deficit of 3.75 billion euros... 2022. The impact of fuel has moderated as the oil balance reached a deficit of 529.5 million euros
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Current account deficit drops sharply to 14.13 bln in 2023 as energy effects moderate
EconomyMacroeconomy, the balance showed a deficit of 2.71 billion euros, while in December 2021 the current account posted.... The deficit for the balance of goods came to 2.76 billion euros in December, compared to a deficit..., from 4.48 billion in December 2022. The impact of fuel has moderated as the oil balance reached
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Newsletter 1 31/10/2014
confidence improved by almost 5 points to -50.9 from -55.8 in September. The year to date balance has...-weighted asset on domestic lenders´ balance sheets. Banks did not have an incentive to increase... well extend into the first quarter of 2015 and beyond. That will affect bank´s balance sheets
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In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
EconomyMacroeconomysees the overall budget balance in a surplus of 0.5 percent of GDP, which extends the streak.... For 2019, the Fund sees the budget in complete balance, leaving its estimates unchanged from the previous... percent for this year and a small surplus of 0.2 percent for 2019. The primary balance is seen meeting
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Eurobank net profits at 34.5 mln in Q1
EconomyBankingat 1.96 Balance Sheet Eurosystem funding declined by 2.9 billion euros QoQ to 7.1 billion in March... not been serviced for around 5 years, coming to a total of 1 billion which the bank aims to sell
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The race to reduce Greece's bad loans
EconomyBankingdown bad loans in the first quarter of the year. Excluding off-balance sheet items, the non... and unsecured overdrafts which have not been serviced for around 5 years, coming to a total of 1 billion
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BoG underlines progress in NPE reduction but stresses need for systemic solution
Economyto improving banks’ balance sheets. At the end of last year, NPEs stood at a total of 81.8 billion euros... not been serviced for more than 90 days but have not been denounced yet. Additionally, 14 percent
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BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
EconomyBankingof NPEs between 1 and 10 percent brings relief of 500 million to 5.2 billion euros to the balance sheet... interest income as those loans are not serviced. Potential benefits All these factors have significantly
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Current account surplus widens to 838 mln in Sept on shrinking goods deficit
EconomyMacroeconomythe current account balance was in surplus for the fourth successive month. The year on year (YoY... deficit (by 13 million). This more than offset a worsening of the services surplus (by 502 million... and 3.38 billion respectively. The services’ surplus fell by 18.1 percent mainly due to lower net
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