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  1. Building permits increase by 50.3 pct in December and 12.6 pct in 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total number of permits came to 1,799, staying above the 1,000-permit mark for ten consecutive... permits. During 2019, building permits rose by 12.6 percent. Total permits in the aggregate period stood.... The total for 2019 is roughly 82 percent lower than the 2005 peak. Much of the current building activity

    2%

  2. Efforts to boost health system continue amid questions about govt strategy
    By Natasha Pantazopoulou/Fosphotos

    PoliticsGreek Politics

    . Greece announced 71 new confirmed cases of coronavirus on Monday, bringing the total to 695. The Health Ministry’s modelling suggests that the total number of infections in the country ranges... are intubated in intensive care units. A total of 17 deaths have been attributed to coronavirus so far

    2%

  3. Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    funding makes up the total current sum. QoQ, the bank reduced its ECB funding by 600 million euros... CET1 ratio as of Q4 2019 was 14.8 percent and total capital ratio at 16.8 percent proforma for the bank’s Tier II bond issued in February 2020. Including the 500 million Tier II bond, total capital

    2%

  4. NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
    Image via www.nbg.gr

    EconomyBanking

    . As a result, NBG’s loan to debt ratio came to 67 percent in Q4 from 68 percent in Q3. The total... fully eliminated Emergency Liquidity Assistance. The total amount currently consists of TLTRO funding... ratio stands at 16.2 percent, with the total capital ratio at 17.1 percent . Both ratios

    2%

  5. Building permits increase by 55.7 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total number of permits came to 1,339, staying above the 1,000-permit mark for close to a year.... During 2019, building permits rose by 12.6 percent. Total permits in the aggregate period stood... and the construction downturn began. The total for 2019 is roughly 82 percent lower than the 2005 peak. Much

    2%

  6. Current account shows deficit of 1.14 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    rose by 24.6 percent YoY. Travel payments came to 166.7 million, up by 1 percent. Total exports.... At the same time, total imports reached 4.32 billion euros, a rise of 1.3 percent YoY. On an aggregate... to the improvement of the non-oil balance of goods, while the oil balance increased by 11.8 percent YoY. Total

    2%

  7. Newsletter 248 -24/04/2020

    Newsletters

    of total employment, adding extra value of 1.1 billion. A digital reboot of this size would boost... 367.10 euros for the same period last year. In total, arrivals showed an increase of 21.8 percent... year’s total of 10.53 billion. Expenditure for March rose by 153 million euros year-on-year to come

    2%

  8. Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
    Photo by MacroPolis

    EconomyBanking

    to normal operations as soon as possible. A total of 25 billion euros in loans, guarantees and subsidies.... Of the total, around 18 billion euros will be used to support businesses and 7 billion... releases 3 billion funds from the banks, which upon leveraging will total 30 billion. Minister

    2%

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

    EconomyMacroeconomy

    by 14,451 which is equal to a rise of 0.4 percent. Total employment stood at 3.89 million people... compared with January 2019 (+2.1 percent). The total inactive population now stands at 3.27 million... was the worst employment balance for the same month on record. Total hirings came to 103,002 versus

    2%

  10. Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
    Image via www.moh.gr

    EconomyMacroeconomy

    . Travel payments came to 60.5 million, down 75.7 percent. Total exports in March came to 2.40 billion euros, from 2.70 billion last year, falling by 11 percent YoY. At the same time, total imports reached... in turn. Total exports rose to 7.65 billion, a slight decrease of 0.6 percent. Imports decreased by 3.3

    2%