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Household expenditure edges up again in 2018, still well below pre-crisis level
Societyaccounted for 20.2 percent of total expenditure, housing (14.1 percent) and transport (13 percent... percent of the average monthly expenditure of total households. In contrast, the average monthly... by the poorest 20 percent of the population equalled 33.9 percent of total household expenditure, while
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Newsletter 222 -04/10/2019
still stood at 45.4 percent of total loans, down from 47.2 percent. Meanwhile, the effects from... for such hotels. For 2019, total losses to Greek hotels stemming from the collapse of Thomas Cook were estimated at 315 million euros. Out of the total, 138.2 million euros relate to pre-collapse amounts, and 52
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Unemployment edges down to 16.9 pct, below 17 pct for first time since 2011
EconomyMacroeconomy. Year-on-year, the figure for those employed increased by 59,599 or a rise of 1.5 percent. Total... percent). The total inactive population now stands at 3.22 million. The unemployment rate among women... month last year, the hirings balance was 3,905 lower this September. Total hirings came to 308,121
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IMF revises fiscal outlook, sees lower primary surpluses in coming years
EconomyMacroeconomya small surplus over the next three years before a total deficit of 0.5 percent in 2023 and 2024. The IMF..., while it expects to run a total surplus of 0.1 percent next year. In cyclical terms, Greece continues to run a total surplus of 1.7 percent this year and 0.1 percent in 2020, before turning to a deficit
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Current account balance shows surplus of 1.87 bln in August
EconomyMacroeconomyhigher net payments of the other (excluding general government) sectors. Total exports in August.... At the same time, total imports reached 4.20 billion euros, from 4.46 billion euros last year, a drop.... Total exports rose by 1.1 percent, while imports rose by 3.4 percent.The respective amounts came
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ELSTAT confirms third consecutive year or fiscal surplus in 2018
Economyfor public investments. According to the data in the second notification, in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third consecutive total surplus... notification and the first one that was published in April this year. The total surplus is lower by 0.1
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Unemployment edges down to 16.7 pct, lowest since April 2011
EconomyMacroeconomyof 1.8 percent. Total employment reached 3.92 million people. ELSTAT’s data showed that there were... compared to July and by 4,407 persons when compared with August 2018 (-0.1 percent). The total... to the same month last year, the hirings balance was 3,905 lower this September. Total hirings came
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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBankingof Greek SMEs secured with real estate assets with total on-balance sheet gross book value... ratio at 67 percent. Total coverage including collateral came to 119 percent. Regarding the auctions of repossessed assets, a total of 2,568 auctions were held between January to October. The success
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Current account shows surplus of 886.6 bln in September, aggregate figure almost balanced
EconomyMacroeconomyof the other (excluding general government) sectors. Total exports in September came to 2.70... time, total imports reached 4.69 billion euros, from 4.63 billion euros last year, a rise of 1.1... billion. Total exports rose by 1.5 percent, while imports rose by 3.1 percent.The respective amounts
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBanking. The total Greek deposit yield stood at 37 bps in Q3, unchanged QoQ, while the loan yield came to 366 bps... Assistance. The total amount currently consists of TLTRO funding from the ECB, with the Bank enjoying... of agreed divestments, the CET1 ratio stands at 16.8 percent with the Total Capital ratio at 17.7 percent
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