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Building permits drop by 0.7 pct in December; rise 9.2 pct in 2020
EconomyMacroeconomyseen in November, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The total..., with 13 permits. During all of 2020, building permits rose by 9.2 percent. Total permits... to this high. Total permits for 2020 came to roughly 80 percent lower than the 2005 peak. Much
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Current account shows deficit of 436 mln in January
EconomyMacroeconomydropped by 87.9 percent. A total of 255.2 million euros are missing in tourism receipts for the month according to these figures. Travel payments came to 23.1 million, down 87.4 percent. Total imports..., total exports reached 2.35 billion euros, a fall of 13.4 percent YoY. In the other accounts
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Alpha Bank posts net profit of 103.7 mln in 2020
EconomyBankingin Greece came to 18.3 billion euros, down by 600 million euros compared to 2019. The total NPE stock.... The fully loaded total CET 1 stood at 14.8 percent, up 20 basis points QoQ. The bank’s Total Capital
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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBanking, domestic NPEs registered a total reduction of 6.5 billion euros, of which 700 million was from... billion euros YoY to 47 billion, comprising about 80 percent of the bank’s total funding sources. NBG’s... in the same quarter of 2019. Capital The CET1 ratio stands at 15.7 percent, with the total capital
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Car sales almost double in March from level at start of pandemic
EconomyMacroeconomy. In March 2020, the year-on-year change showed a drop of 49 percent. Last month’s total number of new vehicles, at 20,175, was just 240 above 2019’s total, with car sales in the month remaining below..., an increase of 97.5 percent. Out of the total, passenger car sales rose by 98.1 percent
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Covid recession bumped pension spending to 18 pct of GDP in 2020
EconomyTotal age-related expenditure amounted to 26.4 percent of gross domestic product last year... in total factor productivity – a residual in growth accounting that usually attributed... the country will use EU recovery funds. Between 1974 and 2019, the average annual growth rate in total
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Building permits decrease by 3.2 pct in February
EconomyMacroeconomy. The total number of permits came to 1,581. The corresponding surface area increased by 16.4 percent... rose by 1.4 percent. Total permits in the aggregate period stood at 3,040. Surface area increased by 11... in 2005, but have not yet come close to this high. Total permits for 2020 came to roughly 80 percent
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Newsletter 296 - 14/05/2021
for the first three months of the year showed that the trade deficit fell by 9.8 percent, bringing the total... Authority (ELSTAT) data showed. The total number of permits came to 1,581. The corresponding surface... of the year, building permits rose by 1.4 percent. Total permits in the aggregate period stood
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Car sales more than treble in April from depressed level last year
EconomyMacroeconomy. In April 2020, the year-on-year change showed a plunge of 85 percent, leaving last month’s total number of 23,128 new vehicles still 5.4 percent lower than April 2019’s total. Car sales in April came to 18,352 compared to 4,031 in April last year, an increase of 355 percent. Out of the total, passenger
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Govt on alert for possible fallout from tapering of pandemic relief measures
PoliticsGreek Politicsobligations. The repayment period will reportedly stretch up to 72 months. In total, more than 40 billion... and business deposits by 10 billion, a total of 22.5 billion. This is a 14 pct rise since January 2020... added to the total in 2020 and another 2.3 billion euros in the first quarter of this year
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