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  1. Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
    Image via www.piraeusbank.gr

    EconomyBanking

    due to phasing in rules for capital, with no impact expected on P&L. Balance Sheet Eurosystem... targets and accelerating the clean-up of its balance sheets. “We have already started the process for two NPE disposal transactions, one for business and one for consumer loans, of a total NPE on balance

    4%
  2. Deposit inflows of 272.9 mln recorded in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The figure is the second positive reading in a row after September’s negative balance of 47.2 million. Overall, the outstanding balance of private sector deposits increased to 123.87 billion euros..., which offset a negative balance of 909.2 million in savings. Total deposits – which also include

    4%
  3. European Commission keeps DSA broadly same, stresses need for relief

    EconomyProgramme

    by 0.25 percentage points to a 3 percent growth rate from 2023 to 2060. The primary balance is also... while the primary balance is seen dropping immediately to 1.5 percent of GDP from 2023. Scenario C.... Growth is seen higher by 0.2 percentage points and the overall primary balance is assumed averaging 2.3

    4%
  4. Banks receive deposit inflows of 2.54 bln in December

    EconomyMacroeconomy

    . Overall, the outstanding balance of private sector deposits increased to 126.35 billion euros..., as well as a positive savings balance of 612.1 million. The savings balance for 2017 is the first

    4%
  5. Budget execution makes positive start to 2018 with 1.88 bln primary surplus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 1.88 billion euros in the first month of 2018..., below target by 92 million euros. As a result, the PIB balance recorded a surplus of 521 million in January, beating the target which estimated a deficit of 69 million euros for the PIB balance.

    4%
  6. Primary cash surplus at 2.68 bln in Jan as revenues rise, expenditure falls
    Photo by MacroPolis

    EconomyMacroeconomy

    a small arrears’ repayment of 21 million. The overall cash balance also recorded a surplus of 1.10...) balance showed a significant improvement in January, coming to a surplus of 573 million versus... Ministry (MoF) earlier this week showed that the budget primary balance recorded a surplus of 1.88

    4%
  7. Budget primary surplus confirmed at 1.85 bln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 1.85 billion euros in the first month... euros. As a result, the PIB balance recorded a surplus of 521 million in January, beating the target which estimated a deficit of 69 million euros for the PIB balance.

    4%
  8. Unemployment rate at 20.6 pct in Jan, inactive population rises
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that the job hirings balance was positive by 55,494 for the month. Compared to the same month last year, the balance improved by 16,977. The report noted that the reading for March is the highest balance

    4%
  9. Marginal increase to 20.8 pct for Feb unemployment rate
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    database for April that were published on Wednesday showed that the job hirings balance..., the balance improved by 8,114 assisted by strong seasonal jobs hires in accommodation and catering... that the full-time balance has increased over 50 percent. The latest quarterly figures from ELSTAT

    4%
  10. Travel surplus rises by 48.2 pct in March as receipts increase
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance rose by 48.2 percent year-on-year in March, recovering from a 135.2 percent... came to 173.1 million. As a result, the travel balance came to a surplus of 79.1 million euros... in the overall travel balance declining by a very slight 0.2 percent year on year. The aggregate figure

    4%