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  1. Eurosystem funding drops by 4.58 bln in January, banknotes in circulation fall
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    funding for the month showed that ELA funding made up around 59.9 percent of the total liquidity... that banknotes in circulation fell by 1.31 billion to 34.56 billion, the lowest total since December 2014. Since

    15%

  2. Unemployment rate falls to 21.5 pct in 2017 despite increase in Q4
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    (over 1 year) declined for a fourth continuous quarter to 722,900. Out of the total, long-term... sectors: wholesale and retail trade (18.3 percent of total), agricultural (12.1 percent

    15%

  3. Newsletter 155 -16/03/2018

    Newsletters

    for the month showed that ELA funding made up around 59.9 percent of the total liquidity. The BoG figures also revealed that banknotes in circulation fell by 1.31 billion to 34.56 billion, the lowest total

    15%

  4. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    Assistance (ELA) funding was reduced by a total of 6.2 billion since December 2016 to 7 billion in December... million QoQ to 29.3 billion, driven largely by private deposits (households). On an annual basis, total

    15%

  5. Still facing pile of bailout tasks, Athens looks ahead to post-MoU actions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Security Workers (POPOPK), the total number of pending main and supplementary pensions as well as lump-sum payments was more than 330,000, amounting to a total outlay in excess of 2.7 billion

    15%

  6. February deposit balance positive by 59 mln, reversing previous month's outflow

    EconomyMacroeconomy

    since December 2015. Total deposits, which also include the general government (gg), rose by 528... funding to 26.30 billion euros for the month, down from the total of 29.09 billion noted in January.

    15%

  7. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    of the loans. The total value is 1.6 billion euros, though sources note that in the second phase... percent in 2017 to 40.9 billion. Total deposits rose by 1 percent annually to 42.72 billion. IFRS 9

    15%

  8. Greek hourly labour costs less than half of eurozone average
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    against an EU average rise of 2.3 percent. As a percent of the total, non-wage costs make up 25.7 percent of the total labour costs for Greece, slightly above the EU average of 24 percent. Although

    15%

  9. ECB report highlights sluggish Greek economic growth
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    created since mid-2013, offsetting the total number of jobs lost during the crisis.” However, crisis... of total loans in 2014 to 5.2 percent in the fourth quarter of 2017. Meanwhile in Greece, NPLs remain

    15%

  10. February current account deficit at 1.29 bln as underlying balances worsen
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    prices. Total exports increased by 14.5 percent to 2.34 billion euros, while imports rose b y 4.8... by a 14.7 percent rise in receipts to 298 million. Total aggregate exports rose by 16.9 percent

    15%