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  1. Feb current account deficit at 990.4 mln as services balance improves
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million compared to a surplus of 28 million a year ago. BoG noted that at constant prices, total exports of goods rose by 4.6 percent (+10.7 percent at current prices), and total imports rose by 4.5 percent..., declining by 0.1 percent at constant prices. The total figure for exports in the first three months

    2%

  2. Detailed SME study shows crisis impact and business evolution
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    . The data showed that in 2016 compared to 2008, the total number of enterprises recorded fell by 9.4... as a total of SMEs also declined from 93.3 percent in 2008 to 87.7 percent in 2016. The five SME sectors... the series began. A total of 921 bankruptcies were noted in this year. This was followed by 886 in 1999

    2%

  3. Travel balance rises to 51 mln in Feb as receipts shoot up by 29.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    percent to 19,000. Finally, visitors from Russia fell by 12 percent to 8,500. In total, arrivals from... an increase of 13.2 percent to 499,900. In total, arrivals rose by 7 percent in the first two months... arrivals at Greek airports rose by 12.9 percent. In total, road and air arrivals for the year came

    2%

  4. Debt relief measures move ahead as Athens prepares to use fiscal space
    Photo by MacroPolis

    EconomyProgramme

    in total, the European Stability Mechanism (ESM) will transfer 644.42 million euros, which relates to the income earned on SMP/ANFA bond holdings. The total financial benefit of the measures agreed... to repay in the coming weeks around 40 percent of the total it owes to the IMF. This concerns

    2%

  5. Athens plans to use cash buffer to create fiscal leeway for expansionary measures
    Photo by MacroPolis

    EconomyProgramme

    million euros, while the impact of the measures in 2021 is estimated at a total of 1.22 billion euros, followed by 2.33 billion in 2022. This comes to a total of 5.5 billion euros over the next four... 1.9 billion euros, is added to this the total amount comes to almost 7.5 billion euros. According

    2%

  6. Unemployment for Feb comes to 18.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    employed increased by 90,531 or a rise of 2.4 percent. Total employment reached 3.83 million people... compared with February 2018 (-1 percent). The total inactive population now stands at 3.25 million... hirings. Total hirings came to 202,157 versus 158,784 departures. Ergani noted that the balance

    2%

  7. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    quarter of last year are priced higher than the total portfolio, stimulating the NII dynamics... wholesale funding cost impact following the total elimination of Emergency Liquidity Assistance (ELA... funding in mid-July 2018, meaning ECB funding makes up the total current sum. Management said

    2%

  8. Regling underlines concerns about fiscal target after voter-friendly measures

    EconomyProgramme

    between March and August 2018, which took the total of the third programme to 61.9 billion euros... the programme was agreed in 2015. Of the total funds allocated for the third programme, 7 billion euros... up to cushion it in the post-programme period. The ESM estimates the total cash resources of Greece

    2%

  9. Travel balance falls by 4.1 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    percent to 50,700. Finally, visitors from Russia fell by 15.1 percent to 11,800. In total, arrivals... outside the EU showed an increase of 12.7 percent to 1.2 million. In total, arrivals rose by a slight 0.5..., international arrivals at Greek airports rose by 12.9 percent. In total, road and air arrivals

    2%

  10. Greek banks maintain focus on key areas as elections approach
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyBanking

    euros earlier in June and attracted bids of over 850 million euros, with a total of 135 investors... in the international debt capital markets with the aim of increasing Piraeus Bank’s total capital... worth a total of 27 billion euro via a special purpose vehicle. Intrum and Piraeus agreed to form

    2%