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Eurobank net profit jumps by 80 pct to 287.2 mln in Q1
EconomyBankingbillion euros, down by 800 million euros YoY. Eurobank’s NPE ratio stood at 3 percent in Q1, down by 2.1... million euros. Operating expenses were stable, down by 0.1 percent YoY to 228.8 million euros. This took the cost-to-income ratio to 30.3 percent in Q1, down from 35.7 percent in 2023. The Q1 2024 cost
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Despite moderation in June, H1 hiring balance up by 34,290 jobs YoY
EconomyMacroeconomyclassed as layoffs and termination of contracts. Layoffs are down by 10,334 year-on-year, while voluntary exits were down by 2,061. Hirings were down by 17,195 jobs compared to June last year, while... with 40,910 jobs, with the 30-44 group negative by 15,344 jobs. Broken down by employment activity, catering
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Retail sales drop by 0.2 pct YoY in July as fuel leads slide
EconomyMacroeconomymonthly movement was down by 3.2 percent. Compared to July 2023, automotive fuel was down by 6.8..., with fuels down by 7.4 percent, a 0.5 percent rise in foods and non-food down by 14.2 percent
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Industrial turnover contracts in Aug, falls sharply by 23.6 pct MoM
EconomyMacroeconomy. Manufacturing revenue was down by 4.5 percent, with the mining and quarrying growing sharply by 41.1... percent, while the non-domestic market was down by 14.7 percent. On a monthly basis, industrial turnover..., and mining and quarrying down by 21.9 percent. Monthly, the domestic market was down by 21.6 percent
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Economic sentiment slides in Nov, led by services and construction
EconomyMacroeconomypoints in the previous month. The EEI is down roughly 6 points on the rolling 12-month period... month. Services confidence is now down by 21 points on the rolling 12-month. Retail trade recovered strongly to 11.3 points, from 5.5 in October, now down almost 11 points from December last year
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Fuels head 1.7 pct YoY drop in retail sales for Nov as volumes drop again
EconomyMacroeconomy, the seasonally adjusted index dropped by 2.1 percent. The volume’s monthly movement was down by 2.3 percent. Compared to October 2023, automotive fuel was down by 14.2 percent, non-food increased by 1.6..., with fuels down by 7.3 percent, a 2.8 percent rise in foods and non-food down by 0.1 percent. According
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Energy prices drive 2.8 pct YoY import price drop, as non-durable goods rise
EconomyMacroeconomy, refined oil products down by 7.7 percent, and electronics down by 2.5 percent. The monthly movements... YoY, intermediate goods rose by 0.6 percent, capital goods were down 0.7 percent and durables down
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Industry, services and construction lead fall in Feb economic sentiment to 106.9
EconomyMacroeconomyperiod, January’s ESI is down 1.3 points from March 2024. The average ESI in the EU stood at 97.1 points.... The EEI is down 3.5 points on the rolling 12-month period. Industry confidence stayed in positive... points in the previous month. Services confidence is now down by roughly 10 points on the rolling
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Retail sales start 2025 with 2.5 pct YoY rise, led by food
EconomyMacroeconomy’s monthly movement was up by 0.6 percent. Compared to January 2024, automotive fuel was down by 6.7... data dissipated, although they still capture some signs of the impact of prices, with fuels down... in the previous month. Consumer confidence is down over 2 points on a 12-month rolling basis. Retail
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Energy leads drop as import price index falls by 0.5 pct YoY in Feb
EconomyMacroeconomyYoY from the eurozone market. Oil and gas were down by 5.5 percent, computers and electronics... and computer and electronics were down by 0.4 percent. In terms of industries, energy was down by 1.6 percent YoY, intermediate goods rose by 1.3 percent, capital goods were down 0.3 percent and durables up
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