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  1. Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
    Photo by MacroPolis

    EconomyMacroeconomy

    70.85 billion this year and 68.72 billion euros last year. This is due to a sharp drop in transfers... stem from the three percentage points drop in social insurance contributions and abolishing

    2%

  2. Apartment prices rise 7.9 pct in Q3, continuing upward trend
    Image by MacroPolis

    EconomyMacroeconomy

    double-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q1 2012, when apartment prices showed a YoY drop of 12.8 percent. Other indicators In other relevant data

    2%

  3. NBG profits up to 714 mln in 9M as NPE ratio is reduced further
    Photo by MacroPolis

    EconomyBanking

    in 2020, was up by 6 pct at 1.11 billion euros. Asset quality NPEs continued to drop, standing at 3.7... million euros, an 8 pct drop YoY. Balance Sheet Group deposits amounted to 51.09 billion euros in 9M

    2%

  4. Unemployment rate broadly stable at 13.3 pct in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    a sharp drop of 20 percent year-on-year. The inactive population decreased by 25,547 people year-on-year...) year-on-year and came to 17.5 percent. The unemployment rate for men stood at 9.9 percent, a drop

    2%

  5. Wage growth halves to 1.2 pct in Q3

    EconomyMacroeconomy

    a marginal 0.2 percent drop in the previous quarter. The relevant figure for the same quarter in 2020 showed a drop of 1.5 percent. The index in Q3 came to 109.7, from 112.7 in Q2 and 111.8 in the end

    2%

  6. 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

    2%

  7. 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

    2%

  8. 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

    2%

  9. 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

    2%

  10. 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

    2%