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  1. Piraeus seals 400 mln NPE sale as banks gear up for more balance sheet transactions in 2022
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    that the agreement will be 53 pct of the portfolio’s gross book value. The transaction will drop... billion euros. Alpha Bank intends to drop NPEs by the end of this year to 3 billion euros

    6%

  2. Govt offers more energy subsidies in Jan to cushion impact of high prices
    Photo by MacroPolis

    PoliticsGreek Politics

    outlay so early in 2022, especially as there is no certainty that energy prices will drop in the coming... from households when electricity and gas bills start to drop on consumer’s doormats this winter

    6%

  3. Unemployment rate eases to 13.3 pct in Nov as number of employed rises sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    . Unemployment recorded a sharp drop of 16.3 percent year-on-year. The inactive population decreased... stood at 10 percent, a drop of 3.1 pps year-on-year. Youth unemployment dropped by 3.3 pps year-on-year

    6%

  4. CPI reaches 6.2 pct in Jan as inflation hits highest since late 1990s
    Photo by MacroPolis

    EconomyMacroeconomy

    monthly drop since August, when the index had declined by 0.1 percent. The index was in negative... by 5.5 percent in January, from 4.4 percent in December. Month-on-month, the HICP also recorded a drop

    6%

  5. Unemployment falls to 12.8 pct in Dec as jobless number drops to lowest since March 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    recorded a sharp drop of 16.6 percent year-on-year. Also, it is the first time since March 2010..., while the rate for men stood at 10 percent, a drop of 2.5 pps year-on-year. Youth unemployment dropped

    6%

  6. Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance
    Photo by EC - Audiovisual Service

    EconomyProgramme

    assisted by the Hercules APS has managed to drop the NPE ratio to 15 pct as of September last year... report, with uncertainty remaining high. According to the baseline scenario, the debt will drop to 55 pct

    6%

  7. Govt weighs up impact of Ukraine war on recovery, waits for decisions at EU level
    Photo by MacroPolis

    PoliticsGreek Politics

    deficit will be wider than the 1.4 pct of GDP primary of the budget. Each percentage drop of GDP leads... in 2019, before Covid. If there is a drop in arrivals from Russia, resorts in northern Greece

    6%

  8. How economic sanctions on Russia could affect Greek economy
    Photo via https://flic.kr/p/2jZpzLo

    Agora

    , it estimated that a 10 pct drop in income from visitors translates into a 1 pct drop in GDP. Golden

    6%

  9. In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    by a 21.5 percent drop in mining and quarrying index, a 6.7 percent decrease in the Electricity Supply Index, followed by 0.02 percent drop in water supply. These were offset by a 2.6 percent increase

    6%

  10. Unemployment rate unchanged at 12.8 pct in Jan, employment rises by more than 300,000 YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    , as the number of unemployed amounted to 587,152. Unemployment recorded a sharp drop of 17.4 percent... percent, a drop of 3.6 pps year-on-year. Youth unemployment dropped by 12.6 pps year-on-year to 32.6

    6%