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Unemployment rate falls to 8.2 pct in Nov, lowest since 2008
EconomyMacroeconomyincreased by 121,939 people, with total employment now approaching the four and a half million mark... by almost 2 percentage points (pps) year-on-year and came to 10.6 percent, while the rate for men... of 171,253 in the same period of 2024. Total hires were 2.93 million, against 2.74 million
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Unemployment rate down to 7.5 pct in Dec, lowest since Nov 2008
EconomyMacroeconomy, with total employment now approaching the four and a half million mark, at roughly 4.38 million...-on-year and stands at 3 million. The unemployment rate among women fell by almost 2 percentage points... of 2024. Total hires were 2.93 million, against 2.74 million departures.
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Piraeus Bank's net profit stable at 1.06 bln in 2025, dividend payout at 592 mln
EconomyBanking, from 65 million euros in the previous year. Total operating expenses stood at 903 million euros... The NPE ratio was 2 percent in 2025, from 2.6 percent a year ago. The NPE coverage ratio was 73 percent... a year ago. Capital The fully loaded CET1 ratio in 2025 was 12.7 percent, while the total capital ratio
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National Bank follows other Greek lenders' by opting for capital increase
EconomyBankingequity raising of 2.86 billion. In total, the four core banks are seeking to draw 8.31 billion from... billion granted to the Greek state in 2009. These shares are eligible as Core Tier 1 (CT1) capital under.... Nevertheless, the respective pro-forma Basel III fully loaded Common Equity Tier 1 ratio would land
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Jobs, hundreds of thousands of jobs
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/12/indignant_myrto_1000_1210-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Agorathe troika’s cosh for exactly four years. The most devastating cost has been the loss of 1 million jobs... years will be reduced by over 1 pp for every pp of growth. The problem here though... of 2008 had 86,200 more jobs, employing 339,500 people in total. Even though Greek tourism
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Seasonal jobs bring down Q2 unemployment to 26.6 pct but long-term jobless rising
EconomyMacroeconomypercent, down by 0.8 pp YoY. Although the number of ‘long-term’ (more than 1 year) unemployed slipped... and more than 9 pp YoY. Part time employment amounts to 9.4 percent of total employed with almost... respectively. The unemployment rate in the Attica region (Athens, Piraeus and suburbs) remains almost 1 pp
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Travel receipts up again in September, reaching 2.3 bln
EconomyMacroeconomy, the 9-month travel balance recorded an improvement in its surplus by 11.3 percent or more than 1... to 20.5 million, which means an increase of 1 million from its previous forecast of 19.5 million released in early September. In addition, SETE noted that total arrivals including road and coastal arrivals
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Greece's imminent funding problems: All the numbers you need
EconomyProgrammein total to the IMF in four tranches on March 6, 13, 16 and 20. IMF repayments bring increased obligations in the last month of each quarter. Greece has also to pay in March more than 1 billion euros.... On the budget execution front, January posted a revenue shortfall of almost 1 billion. The revenue
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Deposit rates stable, avg loan rate below 5 pct for first time since 2002
EconomyMacroeconomyThe interest rate on households’ new time deposits marginally increased by 1 basis point (bp... control more than 90 percent of total deposits. Back in 2012, there were more than 15 banks... percent in the interest rate on loans with fixed maturity for amounts above 1 million euros. The rate
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Greece is gasping for a deal
Agoraeuros (or 15 percent of total deposits) between December and February. Deposit outflows have slowed... ratings by one notch to “CCC+/C”. It estimated that the Greek economy has shrunk by 1 percent over... the end of June. Athens has just over 1 billion euros in debt obligations (including another 880
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