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Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
EconomyBankingin H1 increased by 17 percent year-on-year (YoY) to 177 million euros, while total operating expenses... and 13.3 pct pro forma. The total capital ratio was at 14.9 percent. The pro forma fully loaded CET1 and total capital ratio stood at 9.4 percent and 13.8 percent respectively.
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Building permits jump by 62.9 pct in May, from year-earlier lockdown
EconomyMacroeconomy. The total number of permits came to 2,222. In the same month of 2020, the country was still in its first... percent. Total permits in the aggregate period stood at 9,471. Surface area increased by 63.2 percent..., but have not yet come close to this high. Total permits for 2020 came to roughly 80 percent lower than
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Current account shows deficit of 1.34 bln in June as tourism begins to come back
EconomyMacroeconomyto 101.4 million, an increase of 127.4 percent. Total imports came to 5.41 billion euros, from 3.77 billion last year, increasing 43.4 percent YoY. At the same time, total exports came to 3.33... of 7.06 billion in the same period of 2020. The total balance of goods deficit came to 10.9 billion
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Current account turns surplus in July as travel steps up
EconomyMacroeconomybillion euros, compared to a deficit of 1.6 billion euros in the same month last year. Total imports came to 5.7 billion euros, from 4.25 billion last year. At the same time, total exports came to 3.47... billion euros in the first seven months, from 7.86 billion euros up to July 2020. The total balance
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Serbia’s road to collective immunity: A tale of two realities
Agorapeople per million inhabitants. Eight months later, less than half of the total population has been... and curfew, the total lockdown of senior citizens and the drastic measures introduced by the state... and experts in its shadow: Don't expect reinstatement of total lockdown and strict measures, coercion
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Current account surplus at 1.41 bln in Aug on back of improving travel receipts
EconomyMacroeconomybillion euros, compared to a deficit of 1.63 billion euros in the same month last year. Total imports came to 5.14 billion euros, from 3.65 billion last year. At the same time, total exports came to 2.75... at 5.42 billion euros in the first eight months, from 7.9 billion euros up to August 2020. The total
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Minister stresses limits on hospital resources as Covid rates continue to rise
PoliticsGreek Politicsof 2.05 pct and 34 deaths. A total 347 patients remain intubated in ICUs. Discussing the latest data... increasing at a rate of 4 pct while total hospital admissions rose by 30 pct over the past two weeks... of measures aimed at increasing uptake. Just over 60 pct of the total population is fully vaccinated
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Current account balance improves YoY in Sep thanks to a jump in services, led by travel
EconomyMacroeconomyeuros, compared to a deficit of 1.49 billion euros in the same month last year. Total imports came to 5.93 billion euros, from 3.87 billion last year. At the same time, total exports came to 3.63... to September 2020. The total goods deficit came to 17.79 billion euros, from 14.13 billion euros in 2020
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Piraeus records loss of 3.09 bln as aggressive NPE reduction carries impairments
EconomyBanking) to 279 million euros, while total operating expenses stood at 719 million, a rise of 5 percent YoY... in Q2. Tier 1 ratio was 11.7 pct and 13.2 pct pro forma. The total capital ratio was at 14.4 percent. The pro forma fully loaded CET1 and total capital ratio stood at 8.9 percent and 13.7 percent
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New pension legislation aims to speed up operations at overwhelmed EFKA fund
PoliticsGreek Politicsat 122,528, with a total cost of 316 million euros. According to the data from the Atlas information.... The number of total retirements in the economy will exceed 200,000 in 2021, with applications up to October having reached 170,000, already equalling the total figure of 2020. EFKA itself expects
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