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  1. Unemployment drops to 16.4 pct in Q3
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    2011. 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

    13%

  2. Unemployment edges down to 16.6 pct in October
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    or 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

    13%

  3. Unemployment reaches 16.8 pct in Q4
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    2011. 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

    13%

  4. NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
    Image via www.nbg.gr

    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

    13%

  5. Current account shows deficit of 1.14 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    rose 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

    13%

  6. Alpha Bank posts net loss of 10.9 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    percent, 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

    13%

  7. Summer season looks under threat as revenues fail to materialise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    July 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

    13%

  8. Alpha Bank posts net profits of 98 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    percent, 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

    13%

  9. Unemployment rate at 16.1 pct in Sept
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    decreased 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

    13%

  10. Covid recession bumped pension spending to 18 pct of GDP in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Total age-related expenditure amounted to 26.4 percent of gross domestic product last year... in total factor productivity – a residual in growth accounting that usually attributed..., and stay above 1 percent until 2070. That would require a highly successful transformation

    13%