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Job hirings of 11,132 in Dec; 2016 net hirings at record high since 2001
EconomyMacroeconomyThe employment balance remained positive in December 2016, with net hirings increasing to 11,132... posted net departures of 3,580. The biggest contributors to December net hirings were food services..., the highest net departures were recorded in the food industry (-1,475) and accommodation (-994). Overall
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Greek households saw net financial wealth plummet by 37.5 pct during crisis
EconomyMacroeconomy. The study showed that the net financial wealth of Greek households increased by 30.4 percent between.... In the succeeding period until Q2 2012, Greek households’ net financial wealth tumbled by 65.3 percent... of the crisis (2008-2009) and slowed in the next three years (2010-2012). However, their net financial wealth
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Net job hirings reach new high of 89,534 in May, 5-month figure a record
EconomyMacroeconomyThe employment balance stayed positive in May 2017 with net hirings climbing by around 13,000... old group (+24,276). The biggest contributors to net hirings were accommodation (+42,871), food services (+19.952) and retail trade (+7,833). In contrast, the highest net departures of 8,238 were posted
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Credit net flows remain negative in Aug, growth at just 0.9 pct YoY
EconomyMacroeconomy, however, the trend had been declining since then. The net lending flow was negative by 401 million euros in August, after a 1.4 billion euros drop in July, with back-to-back net contraction... lending balance’s net monthly flow was negative by 319 million euros, after a drop of 1.18 billion euros
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Eurobank records net loss of 207.4 mln in Q1
EconomyBankingEurobank kicked off Greek banks’ Q1 results releases posting a net loss of 207.4 million euros... percent QoQ decrease in net interest income (NII). The latter is attributed to lower lending spreads... by 25 basis points (bps) in Q4, net interest margin fell by 5 bps in Q1 to 1.93 percent, mainly due
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National Bank starts 2014 posting net profit of 181 mln in Q1
EconomyBankingNational Bank was the second Greek bank after Eurobank, which published Q1 results on May 28. Net... million from loss of 7 million last year. Despite a 14 percent YoY rise in Greek net interest... points (bps) offset by higher deposit margins (up 20 bps). As result, Greek net interest margin (NIM
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBankingAlpha Bank posted an increase in net losses to 440.2 million euros in the fourth quarter (Q4... euros from 282.2 million in Q3, mainly due to higher operating expenses. On the revenue front, net... attributed to lower time deposit rates, while loan NII was lower QoQ. Net interest margin (NIM
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Greek private sector sees net job departures of 9,954 in Jan
EconomyMacroeconomyThe hirings balance showed net departures of 9,954 in January, up from last year’s figure of 9,273... 2014, when net hirings of 6,397 were recorded. This year’s figure is the second lowest negative... of mechanical equipment (+309). On the flipside, the highest net departures were posted in food services
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Net job hirings of 14,437 in the Greek private sector in February
EconomyMacroeconomyThe employment balance displayed net hirings of 14,437 in February, down by 687 from last year’s...), wholesale trade (+1,198) and food and catering services (+1,196). In contrast, the highest net...). The aggregate figures for the 2-month period showed net hirings of 4,483, lower by 1,368 from last
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Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln
EconomyMacroeconomyof Greece (BoG) figures showed on Monday. Meanwhile, net deductions significantly slowed to 101... months, the corporate sector has posted cumulative marginal net deductions of 10 million, while... since early 2011 with cumulative net deductions of 40.8 billion over this period dragging down the loan
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