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  1. Deposit flow turns negative, outflows of 153 mln in July

    EconomyMacroeconomy

    in savings, while time deposits posted inflows of 809 million. Total deposits - which also include general... of 334 million from other euro area residents. The absolute figure of total deposits reached 140.19... of capital controls has resulted in inflows of less than 1 billion in the past two months. It should

    12%

  2. Unemployment rate falls to 23.1 pct in second quarter, lowest since Q2 2012
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    quarters. At the same time, the number of ‘long-term’ (more than 1 year) jobless decreased... of long-term unemployed to total jobless edged up to 72.2 percent in Q2 after a marked drop to 70.3 percent in Q1. Part-time employment remained stable from the previous quarter at 9.8 percent of total

    12%

  3. Industrial production edges up 0.1 pct in September
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in manufacturing production by 2.2 percent, which holds the lion’s share of the total index with 70... percent, while water supply production also declined by 1 percent with a slight weight of 3 percent on the total index. The biggest drop of 15 percent was posted by mining and quarrying production

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  4. Greek 2017 budget reveals size and source of extra tax burden
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    in total interventions will be on the revenue side. The Finance Ministry forecasts that five revenue interventions will make up around 90 percent of the total incremental revenue collection next year... 23 to 24 percent (effective from July 1 this year) and a rise in the excise tax on tobacco and e

    12%

  5. Greek banks conclude series of corporate actions as part of restructuring

    EconomyBanking

    commercial banks in Bulgaria, with total assets of 3.35 billion in 2015. According to NBG, UBB will pay... UBB’s book value and is estimated to increase NBG’s Q3 pro-forma common equity Tier 1 (CET1) ratio... of the transaction stands at 76.1 million euros, while Alpha’s total proceeds will amount to 143.3 million

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  6. Industrial production growth slows to 2.3 pct in Nov

    EconomyMacroeconomy

    , electricity production (which makes up around 21 percent of the total index) grew by 8 percent... by 7.9 percent in November, but it accounts for just 6 percent of the total index. Four of the five.... It has increased by 7.9 points within 2016. In addition, the Markit Manufacturing PMI edged up by 1

    12%

  7. BoG report reveals impact on banks’ capital from NPE reduction and loan sales
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    -loaded Common Equity Tier 1 (CET1) ratio of around 17 percent in June 2016, the exercise revealed...-neutral price for NPE sales stands above 40 percent of nominal value for the total NPE stock, at around... that the total of denounced loans with a nominal value of 48 billion euros could be sold at 14 billion (30

    12%

  8. Unemployment rate up to 23.6 pct in Q4, down to 23.5 for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was first made available. At the same time, the number of ‘long-term’ (more than 1 year) edged up for the second straight quarter to 807,000 in Q4, while its percentage to total jobless fell to 71.8 percent... economic activities: Wholesale and retail trade (18.1 percent of total), agricultural (12.2 percent

    12%

  9. Deposit outflows continue in Feb but slow to 750 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 1 billion over that 3-month period. It is worth noting though that compared to the respective... in February. Total deposits – which include those of the general government (gg) as well as of euro..., with the balance slipping to 138.8 billion. On top of private sector outflows, the flow of total

    12%

  10. Industrial production rises at record high rate of 10.8 pct in Feb

    EconomyMacroeconomy

    . In addition, manufacturing production, which holds the lion’s share of the total index, grew by 6.1 percent... of the total index. Furthermore, water supply production edged up 1.2 percent. Four of the five main... Manufacturing PMI dropped by 1 point to 46.7 in March, which represents the seventh successive sub-50 reading.

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