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  1. Car sales up by 33.1 percent in February
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    the absolute figure stood at 10,006. Out of the total, passenger cars rose by 38.7 percent to 11,110. Passenger cars accounted for 83.4 percent of the total monthly car sales. Around 56.6 percent of these were

    1%

  2. Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
    Image via www.eurobank.gr

    EconomyBanking

    . In total, the management noted that NPE stock fell by 2.5 billion year-on-year (YoY) to 20.1 billion... the total impact for the first year is expected at 16 bps. Capital The phased-in Common Equity Tier 1

    1%

  3. Eurosystem funding drops by 4.58 bln in January, banknotes in circulation fall
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    funding for the month showed that ELA funding made up around 59.9 percent of the total liquidity... that banknotes in circulation fell by 1.31 billion to 34.56 billion, the lowest total since December 2014. Since

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  4. Unemployment rate falls to 21.5 pct in 2017 despite increase in Q4
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    (over 1 year) declined for a fourth continuous quarter to 722,900. Out of the total, long-term... sectors: wholesale and retail trade (18.3 percent of total), agricultural (12.1 percent

    1%

  5. Newsletter 155 -16/03/2018

    Newsletters

    for the month showed that ELA funding made up around 59.9 percent of the total liquidity. The BoG figures also revealed that banknotes in circulation fell by 1.31 billion to 34.56 billion, the lowest total

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  6. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    Assistance (ELA) funding was reduced by a total of 6.2 billion since December 2016 to 7 billion in December... million QoQ to 29.3 billion, driven largely by private deposits (households). On an annual basis, total

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  7. Still facing pile of bailout tasks, Athens looks ahead to post-MoU actions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Security Workers (POPOPK), the total number of pending main and supplementary pensions as well as lump-sum payments was more than 330,000, amounting to a total outlay in excess of 2.7 billion

    1%

  8. February deposit balance positive by 59 mln, reversing previous month's outflow

    EconomyMacroeconomy

    since December 2015. Total deposits, which also include the general government (gg), rose by 528... funding to 26.30 billion euros for the month, down from the total of 29.09 billion noted in January.

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  9. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    of the loans. The total value is 1.6 billion euros, though sources note that in the second phase... percent in 2017 to 40.9 billion. Total deposits rose by 1 percent annually to 42.72 billion. IFRS 9

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  10. Greek hourly labour costs less than half of eurozone average
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    against an EU average rise of 2.3 percent. As a percent of the total, non-wage costs make up 25.7 percent of the total labour costs for Greece, slightly above the EU average of 24 percent. Although

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