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Current account shows deficit of 1.46 bln in March as imports rise
EconomyMacroeconomymillion, dropping by 89.4 percent as foreign visitor arrivals dropped by 63 percent. A total of 57.6... payments came to 24.7 million, down 58.2 percent. Total imports came to 5.46 billion euros, from 4.21 billion last year, increasing 29.7 percent YoY. At the same time, total exports came to 3.3 billion
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Piraeus announces Q1 loss of 407 mln as provisions mount
EconomyBankingsecuritizations, with 7 billion total gross book value, in Q2, further decreasing the NPE stock of the Group. Pro...) to 76 million euros, while total operating expenses stood at 225 million, a drop of 1 percent YoY.... The total capital ratio at 14.2 percent, rising to 17.5 percent pro forma. The pro forma fully loaded
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New tax debt at 2.56 bln April, rising by 249 mln month-on-month
EconomyMacroeconomytax categories showed a rise of 168 million euros month-on-month, bringing the total to 2.33 billion... each month, according to the latest data from the IAPR. Total debtors stand at 3.94 million, decreasing by 53,998 people month-on-month. The total for legacy tax arrears (i.e. those created before
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New tax debt at 2.9 bln in May, rising by 340 mln month-on-month
EconomyMacroeconomycategories showed a rise of 315 million euros month-on-month, bringing the total to 2.65 billion... month, according to the latest data from the IAPR. Total debtors stand at 3.91 million, decreasing by 32,775 people month-on-month. The total for legacy tax arrears (i.e. those created before the end
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Govt grabs opportunity offered by escape clause to entice voters with support package
Economyneeded for this weekend’s announcement, which reached a total of 3.4 billion euros, or 2.35 billion... fiscal correction in the coming years that would see the total deficit falling to 2.9 pct next year from 9.9 pct this year is seen mostly on the expenditure side, where total spending is expected
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Short-term fix for electricity bills leaves open questions for green transition strategy
Societydeclined significantly in recent years it can still reach double digits as a percentage of the total... offline by the end of this summer, out of the total 3,900 MW of installed lignite capacity in operation... would add approximately 112 million euros to the total cost of electricity consumed by low voltage
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Newsletter 314 - 29/10/2021
, vaccination rates in Greece remain some way below the EU average as less than 65 pct of the total... and 500 million through the latest green bond. Since the pandemic started, the total amount of bonds... bond by NBG and 600 million by Piraeus. The total amount of funds drawn by the markets increases
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Public sector hires under scrutiny again with more in the pipeline
PoliticsGreek Politicsbeen the sectors hit hardest by the departures, accounting for 44 pct and 22 pct respectively of total retirement applications in 2020, and 53 pct and 20 pct of the total in 2021. The government plans.... Total hires, including temporary staff, could exceed 45,000 in 2022 according to a plan presented
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Reopening of 7-year bond affirms tougher conditions on sovereign debt market
Economythe process on Wednesday, which brings the total for the issue to 3.92 billion euros, from 2.42... of the total 12 billion euros debt strategy. The issue was reopened on Wednesday morning... a diversified investor base, with 68 pct coming from abroad, and a total of 110 accounts participating
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Newsletter 442 - 22/11/2024
is high, requiring two thirds of Parliament to vote in favour, a total of 200 out of 300 MPs.... This corresponds to close to 55 pct of tax revenues this year and next, and 51 pct of total budget... above the OECD average. Corporate taxation is just 6 pct of total revenues. It is this fiscal
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