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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesslow. In the first seven months of this year, building permits rose by 4.5 percent. Total permits... prices increased by 1.7 percent in 2018, compared to an average price contraction of 1 percent in 2017..., when the total came to 414.7 million euros. For the first half of 2019, the net amount
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Unemployment drops to 16.4 pct in Q3
EconomyMacroeconomy2011. This was combined with a QoQ rise of around 15,500 in those employed, bringing the total to 3.97... of long-term unemployed (over 1 year) rose after declining for eight consecutive quarter, and came to 572,000. Out of the total, long-term unemployed constitute 73.6 percent in Q3. The latest quarter’s
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Unemployment edges down to 16.6 pct in October
EconomyMacroeconomyor a rise of 1.7 percent. Total employment reached 3.93 million people. ELSTAT’s data showed... (-0.4 percent). The total inactive population now stands at 3.21 million. The unemployment rate... at 13.7 percent, equal to a fall of 1 pps year-on-year. Broken down by age group, the largest annual drop
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Unemployment reaches 16.8 pct in Q4
EconomyMacroeconomy2011. This was combined with a QoQ fall of around 70,100 in those employed, bringing the total... in Q3. The number of long-term unemployed (over 1 year) fell by 5,600 in Q4 compared to Q3 and came to 566,400. Out of the total, long-term unemployed constitute 72.1 percent in Q4. The latest quarter’s
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBanking. As a result, NBG’s loan to debt ratio came to 67 percent in Q4 from 68 percent in Q3. The total... lending fees, as disbursements towards Greek corporates accelerated to 1 billion in the quarter... fully eliminated Emergency Liquidity Assistance. The total amount currently consists of TLTRO funding
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Current account shows deficit of 1.14 bln in February
EconomyMacroeconomyrose by 24.6 percent YoY. Travel payments came to 166.7 million, up by 1 percent. Total exports.... At the same time, total imports reached 4.32 billion euros, a rise of 1.3 percent YoY. On an aggregate... to the improvement of the non-oil balance of goods, while the oil balance increased by 11.8 percent YoY. Total
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Alpha Bank posts net loss of 10.9 mln in Q1
EconomyBankingpercent, while total coverage including collateral came to 117 percent. Regarding the auctions... to the absence of notaries. A total of 412 auctions were held in Q1 compared to 1,782 in Q4 2019... from 98 percent at the end of December 2019. At the end of March 2020, the Common Equity Tier 1
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Summer season looks under threat as revenues fail to materialise
EconomyMacroeconomyJuly 1 in the hope this move would attract tourism to the country for the high season in the summer... in July, 196 cases related to travel were recorded out of 326 in total. This was more than 60 percent of the total. The equivalent percentage in the last 10 days of June was just 24.5 percent
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Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingpercent, while NPE coverage increased to 44.4 percent. Total coverage stands at 101.3 percent. NPL... 32.7 percent a year ago. The NPL coverage ratio stood at 64 percent, while total coverage including... Ratio (LCR) stood at 112.5 percent at the end of H1. At the end of June, the Common Equity Tier 1
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Unemployment rate at 16.1 pct in Sept
EconomyMacroeconomydecreased by 36,738 (-0.9 percent). Total employment stood at 3.88 million people. ELSTAT noted... when compared with September 2019 (+1.6 percent). The total inactive population now stands at 3.26 million. The unemployment rate among women fell by 1 percentage point (pps) year-on-year and came
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