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General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
EconomyMacroeconomymonths of the year, up by 1.06 billion euros compared to the same period last year, according... million). A drop of 21 million euros was noted in the purchase of goods and services. Arrears Arrears... make up the majority of arrears during the month, followed by SSFs (22.4 percent). Debt Central
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General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln
EconomyMacroeconomyfrom tax refunds with a drop of 206 million euros. This was followed by local governments (-34... (-41 million). At 33.7 percent of the total tax refunds make up the majority of the arrears... billion in October and made up 18.1 percent of the total. In other underlying categories, a fall
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General govt primary cash deficit of 12.55 bln in December, arrears drop by 345 mln
EconomyMacroeconomywith a drop of 154 million euros. This was followed by tax refunds (-71 million), local governments (-44... refunds made up the majority of the arrears in December. Debt Central government gross debt rose by 3.24... of 3.29 billion euros in repos which came to 35.36 billion in December and made up 9.5 percent
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Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
EconomyBankingand the NPE clean-up in the form of loan securitisations and sales. Excluding one-off items, the pre... items PPI was 1.05 billion euros, up by 10 pct year-on-year. Net interest income (NII) came to 1.41... 90 million euros in 2020. Total operating expenses stood at 933 million, a drop of 14 percent YoY
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Building activity down 15.2 pct in Feb for sharpest drop since 2020
EconomyMacroeconomyand the sharpest drop since 2020 when in April had dropped by 22.4 percent, due to the pandemic effects... two months of the year, permits are up by just 1.3 percent YoY to 3,387. The corresponding surface is up by 0.8 percent while volume is also higher by 3.6 percent. The European Commission’s latest
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Aug sees second annual drop in building activity with 4 pct decline
EconomyMacroeconomy, with the biggest rise noted in the Ionian islands with 40.4 percent, and the largest drop in Western..., permits were up by 9.4 percent YoY to 17,159. The corresponding surface is up by 12.4 percent while... points in the previous month. The index is currently up by almost 30 points on a rolling 12-month
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Building activity starts 2025 with sharp YoY drop of 17 pct in permits
EconomyMacroeconomydrop recorded in Central Macedonia with 31.1 percent. The largest rise was in Western Macedonia..., permits were up by 14.9 percent YoY to 30,992. The corresponding surface area was up by 16.8 percent... points, from 7.2 in the previous month. The index is up roughly 17 points on the rolling 12-month basis.
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Wages index edges up YoY in Q1 after sinking by 24.8 pct since 2010
EconomyMacroeconomyconsecutive quarters in negative territory. The cumulative drop in the wages index stands at 24.8 percent... for the fifteenth straight quarter showing a drop of 1.8 percent to 73.3 in Q1 2014. This is the lowest.... That said, its YoY evolution shows a cumulative drop of 26.6 percent of nominal wages over the past
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Greek corporate lending rates up to 250 bps higher than eurozone average
EconomyMacroeconomyaccession to the eurozone in 2002. It also points to a cumulative drop by 90 bps since last June when capital controls were imposed. Following the drop in February, the time deposit rate in the Greek market... on housing loans by 20 bps to 2.55 percent partially offsetting a drop by 34 bps posted in January
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Building activity up by 5.4 pct in Feb, permits remain below 1,000
EconomyMacroeconomypermits, up from the figure of 926 that was reported in January, but staying under the 1,000-mark... issued in 2005. The most recent quarterly Bank of Greece (BoG) figures showed a 0.3 percent drop in apartment prices year-on-year in the fourth quarter of 2017. This followed a drop of 0.6 percent in Q3
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