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  1. Loans under credit servicing firms rise by 6.8 pct QoQ to 32.98 bln

    EconomyBanking

    ). Out of the total, corporate loans came to 11.45 billion, up by 27.9 percent QoQ. Loans to non..., small and medium-sized enterprises (SMEs) loans totalled 5.54 billion, a drop of 7.2 percent. Loans to sole proprietors and unincorporated partnerships came to 5.15 billion, representing a drop of 7

    7%
  2. Unemployment drops to 15.8 pct in December, lowest since February
    Photo by MacroPolis

    EconomyMacroeconomy

    by 44,853 people. The number for the unemployed stood at 726,360 in December. The drop in the number... drop in both hirings and firings. Total hirings in January came to 96,868 versus 94,530 departures. That only just makes up more than half the activity seen in the same month of 2020, when 177,732

    7%
  3. Apartment prices rise 3.2 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    , classified as up to five years old saw price increases of 2.9 percent in Q1, compared to a rise of 1.7... in 2012 (-11.7 percent), followed by another 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

    7%
  4. CPI rise by 0.1 pct YoY in May, turning positive on energy base effects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    decreased by 0.4 percent compared to April. Up until May’s reading, the CPI has remained consistently negative for the previous 13 months. December’s 2.3 percent drop surpassing the previous lowest...-alcoholic beverages, a 0.3 percent drop in alcoholic beverages and tobacco and a 5 percent fall

    7%
  5. June CPI rises by 1 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    -on-month, the CPI for June rose by 0.9 percent. Up until May’s reading, the CPI had remained consistently negative for the previous 13 months. Last December’s 2.3 percent drop surpasses the previous lowest... and non-alcoholic beverages, a 0.8 percent drop in households equipment and a 1.3 percent fall in health

    7%
  6. Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
    Photo by MacroPolis

    EconomyBanking

    and commission income stood at 189.7 million, up by 13.8 percent YoY. Income from financial operations... to 43.5 billion euros, a drop from 49.8 billion in Q1, reflecting the deconsolidation of the Galaxy... percent in Q1. At the end of June, the Common Equity Tier 1 (CET1) ratio stood at 14.8 percent, a drop

    7%
  7. Newsletter 308 - 17/09/2021

    Newsletters

    the first quarter of 2011. The drop is led by a sharp increase in employment by 8 pct, to 3.92 million people, which also reflects the high seasonality of the Greek labour market in the run up... to drop, standing at 61 pct of total unemployed. July unemployment The monthly unemployment for July

    7%
  8. In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    by a 21.5 percent drop in mining and quarrying index, a 6.7 percent decrease in the Electricity Supply Index, followed by 0.02 percent drop in water supply. These were offset by a 2.6 percent increase... and 4.2 percent in mining and quarrying. Water supply was up by 1 percent. According to the European

    7%
  9. Car sales accelerate by 38.3 pct YoY in Feb, led by used vehicles

    EconomyMacroeconomy

    year-on-year (YoY) in February, after a drop of 8.7 percent in January, according to Hellenic... was a drop of 16.4 percent. Car sales in February came to 18,521 compared to 13,464 last year, a rise... cars increased by 45 percent, with the absolute figure standing at 15,820. The remainder was made up

    7%
  10. NBG reports profits of 833 mln in 2021
    Photo by MacroPolis

    EconomyBanking

    million, from 1.1 billion in 2020, was up by 4 pct at 1.5 billion euros. Asset quality NPEs continued to drop, standing at 2.1 billion euros at the end of 2021, from 4.3 billion euros at the end of last... euros. Operating expenses in 2021 were limited to 783 million euros, a 6 pct drop YoY. Balance Sheet

    7%