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  1. Study proposes higher public spending to counter expected rise in NPLs
    By Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    budget balance, the rate of change of business or consumer NPLs falls by between 0.11 percent to 0.36... to 0.11 percent, relatively small compared to other indicators. Regarding the balance sheets of banks... that the role of the budget balance and the state deficit budget on the development of NPLs should

    4%

  2. Deposits rise by 2.85 bln in March
    Photo by MacroPolis

    EconomyMacroeconomy

    . The outstanding balance of private sector deposits increased to 145.09 billion euros, reflecting... the aggregate balance to a positive balance of 1.74 billion euros. The aggregate figure for the same period last year showed outflows of 1.12 billion. The latest aggregate balance is attributed to sight

    4%

  3. Unemployment continued downward course in Feb, falling to 16.1 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    last year, there were 85,276 more people fired than hired. Ergani noted that the balance for March 2020 was the worst employment balance for the same month on record. Total hirings came to 103,002 versus... as voluntary departures. In the aggregate period, the employment balance showed 34,354 more firings

    4%

  4. Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    billion euros in bad loans which have been plaguing their balance sheets since the crisis hit the country. A total of roughly 71 billion euros worth of bad loans sit on the balance sheets...’s balance sheet, the bank said, but as yet no further developments have been reported. The National

    4%

  5. Deposits rise by 1.72 bln in May

    EconomyMacroeconomy

    . The outstanding balance of private sector deposits increased to 148.18 billion euros, reflecting savings of 61.... Time deposits rose by 143 million euros. The latest deposit movement took the aggregate balance to a positive balance of 4.89 billion euros. The aggregate figure for the same period last year showed

    4%

  6. Deposits rise by 448 mln in June

    EconomyMacroeconomy

    . The outstanding balance of private sector deposits increased to 148.55 billion euros, reflecting savings... movement took the aggregate balance to a positive balance of 5.33 billion euros. The aggregate figure for the same period last year showed inflows of 2.75 million. The latest aggregate balance

    4%

  7. Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance widened substantially in July to 8.2 billion euros, from a deficit... to 23.1 billion euros, below the aggregate target by close to 5 billion euros. The budget balance... billion euros up to June. For the current aggregate period, the budget balance missed its original

    4%

  8. Bank deposits rise by 3.32 bln in July

    EconomyMacroeconomy

    . The outstanding balance of private sector deposits increased to 151.50 billion euros, reflecting savings... deposit movement took the aggregate balance to a positive balance of 8.66 billion euros. The aggregate figure for the same period last year showed inflows of 4.35 million. The latest aggregate balance

    4%

  9. Deposits rise by 421 mln in August as aggregate growth nearly doubles

    EconomyMacroeconomy

    . The outstanding balance of private sector deposits increased to 151.88 billion euros, reflecting savings of 62.13... balance to a positive balance of 9.08 billion euros. The aggregate figure for the same period last year showed inflows of 5.37 million. The latest aggregate balance is attributed to sight inflows

    4%

  10. Deposits rise by 2.53 bln in October
    Photo by MacroPolis

    EconomyMacroeconomy

    . The outstanding balance of private sector deposits increased to 155.67 billion euros, reflecting... the aggregate balance to a positive balance of 12.76 billion euros. The aggregate figure for the same period last year showed inflows of 5.39 million. The latest aggregate balance is attributed

    4%