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Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip
EconomyMacroeconomyGreece's travel receipts rose by 7.3 percent in August, more than double the previous month’s rate of 3.5 percent, Bank of Greece (BoG) figures indicated on Thursday. The absolute figures showed... slipped by 1.5 percent to 1.34 billion euros. The resulting 8-month travel balance posted a surplus
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Primary cash surplus widens by 1.8 bln to 4.84 bln by end of Oct
EconomyMacroeconomyin the primary cash surplus to 4.29 billion euros, more than double from last year’s 2.03 billion. The monthly... reported by BoG is identical to that of MoF. In addition, the sharp improvement in October balance
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Building activity down by 3.5 pct in Sept for third straight fall
EconomyMacroeconomycumulative gains have reached 20.5 points in the last three months, the year to date balance still points to a notable deterioration by more than 30 points.
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Deadline for liberalisation of household and SME NPLs looms closer
Economyshould not deteriorate due to the sale or transfer of the NPL. If a borrower has more than one loans.... Almost half of NPEs (49.4 percent) are covered by accumulated provisions in Greek banks’ balance sheets
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In grip of protests, coalition searches for ways to lift mood
PoliticsGreek Politicsinitiatives to counter-balance the negative mood from outside the package of reforms that are currently... it argue to voters that it is living up to its pledge to be more in tune with society’s needs than
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingfunding fell by more than 6 billion QoQ to 25.3 billion at the end of December and further to 24.3... replacing accordingly Eurosystem funding. The key balance sheet items showed gross loans remained
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Net private sector hirings of 29,351 in March, highest in last 15 years
EconomyMacroeconomyThe employment balance showed net hirings of 29,351 in March 2016, up by 7,038 from last year, the Labour Ministry’s information system (Ergani) data displayed on Monday. This is the third straight... than 38 percent to part-time and the remaining 16 percent to shift work. Similarly to the previous
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Break in bailout talks leaves question mark over their conclusion
PoliticsGreek Politicsmore palatable for his party and MPs rather than if the IMF remains on board and asks for a lower... of wrapping the process up by the April 22 meeting of eurozone finance ministers now hangs in the balance
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Greek 2015 primary surplus at 0.7 of GDP under programme method as Athens looks for boost
EconomyMacroeconomybillion euros. The vast majority of this (more than 244 billion euros) consists of long-term loans... euros. This is the equivalent of 4.1 percent of GDP. This produces an implied primary balance of 0.7
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Marginal deposit inflows of 55 mln in March
EconomyMacroeconomy, the outstanding deposit balance eased for the third straight month by 220 million euros to 121.47 billion... mark to 9.88 billion, with more than half (5.23 billion) related to central government, while
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