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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingbut fell 2.1 percent year on year (YoY) in H1, mainly due to a drop in personnel cost by 8.8 percent... two figures for Greek banks’ potential capital shortfalls: One under the static model and one under the dynamic model, which will incorporate the restructuring plans approved by the DG Comp in July
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Eurobank reports net loss of 301.1 mln in Q2
EconomyBankingNII fell QoQ on continued deleveraging in conjunction with a 10 bps drop in lending spread. Net... the static model and the dynamic model (based on the restructuring plan approved by the EU DG Comp) could
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Greek trade deficit up 12.6 pct in Feb as imports rise
EconomyMacroeconomyand a drop in exports by 6.8 percent. The latter continued heading south for the fifth consecutive month... the impact of oil products, imports soared 16.9 percent leading the respective trade deficit up.... Similarly to February, the 2-month drop in imports by 4.1 percent reverses to a 6.3 percent
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Industrial production shoots up by 5 pct in March for highest rise since 2007
EconomyMacroeconomy. On the flipside, mining and quarrying production posted a double-digit drop (-12.3 percent), while... edged up by 0.04 percent month on month in March. The aggregate figure for the first quarter.... In contrast, mining and quarrying production posted a double-digit drop (-11.9 percent) with electricity
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Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
EconomyMacroeconomy) year on year (YoY). The YoY improvement mainly reflects a drop in the number of jobless by 5.2...) fell by 2.7 pp YoY to 39.7 percent. The 30-44 age group posted a drop in the unemployment rate by 1 pp... with its share to employed edging up to 7.2 percent. In addition, the number of discouraged (available
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Building permits shoot up by 14.7 pct in June
EconomyMacroeconomyand volume exhibited similar trends, up by 8.2 and 8.5 percent respectively, according to ELSTAT... forecasts were calling from a further drop in residential prices by 3.7 percent in 2015 and 1.2... drop in apartment prices in the next two years. Building activity is also related to the evolution
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Industrial production up by 4.6 pct in Jan
EconomyMacroeconomy. The four sub-indices showed mixed trends, with electricity and manufacturing production up by 6.8... and quarrying posted a drop of 13.6 percent. According to the breakdown of the five main industrial groupings..., while lower drop rates were recorded in intermediate goods (-1.8 percent) and consumer non-durables
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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomythat the jobless rate fell 1.7 percentage points (pp) over the Q1 2015 rate of 26.6 percent. The drop... pace of 2.3 percentage points (pp) to 21.2 percent compared to a drop of 1.1 pp to 29.5 percent...-employed flow in the private sector, showed net hirings reached 201,256 in the 5-month period of 2016, up
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Industrial turnover edges up 0.2 pct in August in first rise since October 2014
EconomyMacroeconomyat a higher pace of 2 percent. However, the latter make up just a fraction of the total index... decreased by 8.7 percent. The latter stems from a sharp drop of 21.3 percent for the eurozone..., returning to contraction territory on the back of a drop in productions and new orders.
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Unemployment rate edges up to 23.4 pct in August
EconomyMacroeconomythe number of employed fell by 7,000 to 3.36 million, while that for the jobless edged up by 1,700... years old) and in the 35-44 age group. The eased to 46.5 and 19.9 percent respectively. A smaller drop... rate expected to drop at a higher pace to 21.5 percent.
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