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Current account shows deficit of 874.5 mln in July as travel receipts disappoint
EconomyMacroeconomyof the secondary income account, which was partly offset by a significant drop in the balance of goods deficit along with the drop in the deficit of the primary income account. A decrease in the deficit... of 569.8 million was registered, up by 308.9 million YoY. The financial account showed a deficit of 505.4
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Apartment prices rise by 4.1 pct in Q2
EconomyMacroeconomyproperties, classified as up to five years old saw price increases of 5.4 percent in Q2. According...), followed by another double-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018, apartment
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Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
EconomyMacroeconomypct in 2011, 7.1 pct in 2012, followed by a more modest 2.7 pct GDP drop in 2013. The growth drivers... rates of 2018, when household consumption had increased by 2.3 pct and exports were up 9.1 pct... in 2019, as fixed capital formation decreased again in 2019 by 4.6 pct, following a drop of 6.6 pct
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Apartment prices rise by 3.2 pct in Q3
EconomyMacroeconomyby 2.6 percent in Q3 versus an increase of 3.3 percent in Q2. New properties, classified as up to five...-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018, apartment prices have retained
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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
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Unemployment drops to 15.8 pct in December, lowest since February
EconomyMacroeconomyby 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
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Apartment prices rise 3.2 pct in Q1
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
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CPI rise by 0.1 pct YoY in May, turning positive on energy base effects
EconomyMacroeconomydecreased 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
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June CPI rises by 1 pct YoY
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
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Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
EconomyBankingand 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
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