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  1. Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    employed, bringing the total to 3.85 million. The largest increase in employment in Q1 compared... unemployed (over 1 year) fell by 41,100 in Q1 compared to Q4 and came to 525,300. Out of the total, long... are concentrated in six economic sectors - wholesale and retail trade (18.3 percent of total

    3%

  2. Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    restrictions put in place in Greece and elsewhere to contain the coronavirus pandemic. Total exports.... At the same time, total imports reached 3.25 billion euros, a fall of 28.8 percent YoY. BoG noted... of the non-oil balance of goods, while the oil balance deteriorated. Total fell to 9.63 billion

    3%

  3. Higher Covid-19 numbers spark concern as tourism sees little benefit from visitor arrivals
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    to Greece. No new deaths from the virus were announced on Sunday, meaning the total number of people who.... During the first 10 days in July, 196 cases related to travel were recorded out of 326 in total. This was more than 60 pct of the total. The equivalent percentage in the last 10 days of June was just

    3%

  4. Building permits fall by 22.4 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in March, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The total number... the first four months of the year, building permits rose by 24.4 percent. Total permits in the aggregate.... Total permits for 2019 came to roughly 82 percent lower than the 2005 peak. Much of the current

    3%

  5. Summer season looks under threat as revenues fail to materialise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    in July, 196 cases related to travel were recorded out of 326 in total. This was more than 60 percent of the total. The equivalent percentage in the last 10 days of June was just 24.5 percent... domestic tourism revenues typically count for only 10 percent of all tourism revenues. Total tourism

    3%

  6. Current account shows deficit of 913.9 mln in May as travel receipts evaporate
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    pandemic. Total imports in May came to 3.18 billion euros, from 5.27 billion in May last year, falling by 39.7 percent YoY. At the same time, total exports reached 1.98 billion euros, a fall of 33.5... in exports. The total balance of goods deficit came to 8.07 billion euros. Exports fell to 11.61 billion

    3%

  7. Current account shows deficit of 1.42 bln in June, driven by slashed tourism revenues
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of revenue. Total imports in June came to 3.77 billion euros, from 4.29 billion in June last year, falling by 12 percent YoY. At the same time, total exports reached 2.43 billion euros, a fall of 10.2 percent... of the balance of goods fell, as imports decreased at a faster pace than exports. The total balance

    3%

  8. Alpha Bank posts net profits of 98 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    percent, while NPE coverage increased to 44.4 percent. Total coverage stands at 101.3 percent. NPL... 32.7 percent a year ago. The NPL coverage ratio stood at 64 percent, while total coverage including... of the amendments of the Capital Requirements Regulation (CRR) due to the pandemic. The fully loaded total CET1

    3%

  9. Euroban​k net results show profit of 176 mln in H1
    Photo by MacroPolis

    EconomyBanking

    now stands at 15.3 percent in H1 compared to 32.8 percent in H1 2019. Total provisions account... III programme. Greek deposits decreased by around 200 million QoQ to 32.7 billion, with total... billion compared to the end of 2019. Total loans reached 38.1 billion in H1 or 40.6 billion pro-forma

    3%

  10. Greece draws strong interest, attractive yield by re-opening 10-year bond
    Photo by MacroPolis

    Economy

    -offer price of 102.87 bringing the total outstanding for the issue to 5.5 billion, following the 3... to 140 basis points over mid-swaps. The books closed by 14:00 Athens time with a total of 18... Agency has now managed to draw from the markets this year a total of 10 billion euros, This goes

    3%