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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomyremains the biggest contributor to GDP accounting, making up just over 69 percent of the total figure.... Investments Gross fixed capital formation sharply fell by 6.8 percent QoQ in Q4, after a short-lived... receipts by almost 45 percent mainly on account of capital controls, while travel receipts were kept
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Greek expats generating 9.1 bln in taxes abroad each year, study suggests
Societyestimates that Greek expats have generated a total of more than 50 billion euros of GDP in their new... all Greek exported "products," human capital has the highest value and is worth 12.9 billion, which... returns to Greece, the exported value of human capital benefits the receiving countries. Almost half (49
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Current account deficit widens to 412 mln in May
EconomyMacroeconomypercent and total exports 4.5 percent. The decline in the services’ surplus mainly results from lower net... coupled with lower net payments for purchases of ships mainly due to capital controls. The marked drop... to capital controls. Moreover, travel receipts decreased 6.2 percent to 2.08 billion in the 5-month period
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Industrial turnover rises at accelerating pace of 9.4 pct in Sept
EconomyMacroeconomy, while mining and quarrying turnover climbed 16.2 percent, but accounts for just a fraction of the total... of capital controls. It is worth noting though that due to the successive negative readings... with the most marked in energy (+23.5 percent) followed by capital goods (+9.7 percent), intermediate
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Stocks drop 1.3 pct during week with light trading volumes
Economyin the total market capitalisation edged up to 61.4 percent in December. Corporate news Terna Energy’s Extraordinary General Meeting (EGM) on January 9 approved the distribution of a capital return of 0.05 euros per share, which implies a yield of 1.8 percent. The ex-capital return date was set on March 20
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Newsletter 110 - 10/03/2017
2001. The breakdown showed hirings stood at 138,242 in February and outpaced a total of 113,304... of Greek banks, when Eurobank’s capital shortfall was fully covered by the Hellenic Financial..., which started after the completion of the bank’s third capital increase in the third quarter of 2015
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Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomyaround 70 percent of total GDP), a strong increase in investments by 5.9 percent and a higher growth.... Exports fell by 2 percent, while imports edged down 0.4 percent. In addition, gross capital formation... to the EC, private consumption and gross capital formation are estimated to rise by 1.4 and 6.3 percent
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Stocks up 3.1 pct during week to reach fresh two-year high
Economyapproved a capital return of 0.24 euros per share and the cancellation of 4.77 million own shares. National Bank (NBG) announced the completion of the sale of its Bulgarian operations for a total consideration of 610 million, which is expected to enhance its capital ratios by around 100 basis points
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Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBankingto be completed by October, the bank’s total capital ratio is seen at 17.1 percent. Eurobank is also... in Q2 from 115.1 percent in Q1 and almost 120 percent a year ago. Capital The phased-in Common
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OECD sees growth picking up, warns about society and financial sector
EconomyMacroeconomyyear and a total surplus of 0.4 percent of GDP in 2019. According to the OECD, the challenges... the framework in place to tackle the issue and being well capitalised, the composition of the capital consists in a large part of deferred tax assets, while the capital controls remain in place
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