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  1. Current account posts deficit of 1.39 bln in November
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    . Travel payments rose to 226.4 million, up by 38.9 percent. Total exports in November came to 2.64..., total imports reached 4.32 billion euros, declining by 7.4 percent YoY. On an aggregate basis, the C... months of last year. Total exports edged down to 29.68 billion, dropping by 0.8 percent. Imports

    2%

  2. Greek banks eye positive market appetite for bad loan sales
    Photo via www.helex.com

    EconomyBanking

    the total from the current 24 billion down to 8 billion by the end of 2022. The NPE ratio... a mixed portfolio, which carries a total gross book value of 12 billion euros. Up to 3.7 billion euros... that as of Q3 2019, NPLs stood at 71 billion euros or 42.1 percent of total loans. Greece’s four

    2%

  3. Unemployment continues decrease in Nov, falling to 16.5 pct

    EconomyMacroeconomy

    or a rise of 2 percent. Total employment reached 3.91 million people. The data showed that there were... (-0.6 percent). The total inactive population now stands at 3.23 million. The unemployment rate.... Total hirings came to 200,243 versus 203,909 departures. Around 65 percent of all departures were

    2%

  4. Current account deficit more than halves to 2.57 bln in 2019
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    payments rose to 246.3 million, down by 1.2 percent. Total exports in December came to 2.75 billion euros, from 2.46 billion last year, increasing by 11.7 percent YoY. At the same time, total imports reached... billion in 2018. Total exports edged up to 32.43 billion, up by 0.2 percent. Imports increased by 0.7

    2%

  5. Hotel industry sees investment in high-end units, but hampered by seasonality
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    of stays and 5.4 percent of revenue). In 2019, a total of 9,971 hotel units were registered in Greece with a total of 433,689 and 856,347 beds. The majority of these (22 percent) are located in the North..., HCH showed that in 2019, an average of one job was created for every 2.5 new hotel rooms. A total

    2%

  6. EU main destination for exports in 2019, fuel and pharmaceuticals lead way
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    now receives 55.5 percent of total Greek exports, compared to 44.5 percent for third countries... countries, according to ELSTAT data and including oil products. Total exports of goods came to 33.60 billion.... Despite the overall drop, fuel continued to be the top export product in 2019, and came to a total

    2%

  7. Ministry urges borrowers to apply for home protection before scheme expires
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyBanking

    in the previous month compared to the end of 2019. In total, such proposals have risen from 402... nationwide, along with an online helpdesk. To date, a total of 19,305 borrowers have been served through... in the second half of the year by servicers. Seventy five percent of debtors received a haircut. Of the total

    2%

  8. Unemployment drops to 16.3 pct in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    while is equal to a rise of 1.4 percent. Total employment reached 3.90 million people. The data... 2018 (+0.5 percent). The total inactive population now stands at 3.25 million. The unemployment rate... registered a negative balance for each year except for 2014. Total hirings came to 177,632 versus 194,950

    2%

  9. Unemployment reaches 16.8 pct in Q4
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    2011. This was combined with a QoQ fall of around 70,100 in those employed, bringing the total... to 566,400. Out of the total, long-term unemployed constitute 72.1 percent in Q4. The latest quarter’s...: wholesale and retail trade (18.1 percent of total), agriculture, forestry and fishing (11.3

    2%

  10. Building permits increase by 50.3 pct in December and 12.6 pct in 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total number of permits came to 1,799, staying above the 1,000-permit mark for ten consecutive... permits. During 2019, building permits rose by 12.6 percent. Total permits in the aggregate period stood.... The total for 2019 is roughly 82 percent lower than the 2005 peak. Much of the current building activity

    2%