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Strong surplus in Nov as travel balance nears year-end with 58.6 pct of 2019 intakes, 46.7 pct of arrivals
EconomyMacroeconomy. Visitors from the UK came to 63,800. In total, arrivals from the EU 27 countries increased.... Payments also increased marginally to above 1 billion, which took the overall travel balance to 9.47... in the aggregate period versus 587.4 euros last year and 567.3 euros in 2019. In total, arrivals showed
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Unemployment broadly unchanged at 13.2 pct in Q4
EconomyMacroeconomy) from the Q4 2020 figure of 16.2 percent. A total of 617,431 were registered as unemployed in Q4... percent. The number of long-term unemployed (more than 1 year) came to 399,200 people, representing 64.7 percent of the total unemployed. Alarmingly, the largest portion, 166,900, has not worked for more
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Implementation snags hang over ambitious post-Covid recovery plans
PoliticsGreek Politics. The latest additions bring the total of projects in Greece 2.0 to 230 and a total of 10.2 billion euros... falling 1 percentage point from 31.8 to 30.8 pct, with SYRIZA gaining 0.6 percentage points to rise
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Quarterly unemployment rises to 13.8 pct in Q1, reflecting off season for tourism
EconomyMacroeconomy(pps) from the Q1 2021 figure of 17.1 percent. A total of 647,196 were registered as unemployed... was in the Peloponnese at 10.4 percent. The number of long-term unemployed (more than 1 year) came to 380,200 people, representing 58.7 percent of the total unemployed. Alarmingly, the largest portion
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Newsletter 347 - 22/07/2022
another 1 billion euros from the market via a private placement and the first variable security in years... billion euros, with cautious steps towards the 12 billion euros total debt plans that were communicated... turnover in the total market increased by 12.5 percent, led by increases of 12.4 percent
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Govt brings energy saving to forefront as cost of support set to skyrocket
PoliticsGreek Politicsfollowing the news that the NordStream 1 pipeline is to be shut off indefinitely. With the EU’s energy.... Finance Minister Christos Staïkouras put the total amount earmarked for this year at 10 billion euros... back their electricity use by 10-15 pct. Greek officials do not expect the country to suffer a total
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Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
EconomyMacroeconomyof long-term unemployed (more than 1 year) came to 370,400 people, representing 62.6 percent of the total... of 15.8 percent. A total of 591,573 were registered as unemployed in Q2, decreasing by 8.6 percent
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Newsletter 367 - 27/01/2023
. The government expected total tax revenues in 2022 of 50.05 billion euros, a rise of 7.5 pct against the 46.56 billion euros of 2021, suggesting a buoyant tax revenue of 1.66x revenue increase for each 1... the target of 18.76 billion euros. Total indirect taxes came to 31.58 billion euros, against an initial 2022
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After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022
EconomyBankingimpairments and transactions related to the balance sheet clean-up for a total of 3.2 billion euros... The fully loaded Common Equity Tier 1 (CET1) ratio in 2022 stood at 12.5 percent, from 10.1 percent in 2021. The bank’s Total Capital Ratio in 2022 stood at 16.8 percent, from 13.8 percent in the end
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Current account deficit narrows to 125.2 mln in Jan on higher exports, moderate fuel impact
EconomyMacroeconomyto a deficit of 3.11 billion euros in the same month last year. Total imports came to 6.84 billion euros in January, from 6.47 billion last year. At the same time, total exports came to 4.39 billion euros... a deficit of 646.9 million euros, from 1 billion euros last year. The balance of goods excluding oil
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