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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agoraof its natural gas demand and 47 percent of its total energy needs with imports from Russia, making...” which supported the original NECP. Overall, the total generation capacity of almost 80 GW (roughly four
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Unemployment rate unchanged at 10.8 pct in Apr
EconomyMacroeconomypeople, with total employment staying well above the four-million mark, at roughly 4.32 million... balance was positive by 188,587 jobs, improving by 8,021 jobs year-on-year. Total hires were
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Current account deficit continues to grow, reaching 6.84 bln up to Apr
EconomyMacroeconomyto 3.16 billion euros in April, from 2.29 billion euros in the same month last year. Total imports came to 7.53 billion euros in April, from 6.2 billion last year. At the same time, total exports came
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Piraeus NII exceeds 1 bln in H1, commissions income at 325 mln
EconomyBankingrespectively in H1 2023. Net trading income was just 3 million euros, from 39 million last year. Total... percent, while the total capital ratio was at 19 percent, from 12.3 and 17.1 percent respectively.
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Current account balance turns positive in June thanks to improved services surplus
EconomyMacroeconomyeuros in the same month last year. Total imports came to 6.65 billion euros in June, from 6.74 billion last year. At the same time, total exports came to 4.18 billion euros, from 4.04 billion in June
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Bumper results for banks add to frustration over interest rates, fees
EconomyBankingOver recent weeks, the Greek systemic banks released another set of solid results for H1, with strong profitability and building on last year’s performance that allowed them to distribute total.... This was a jump that ranged from 40 to 65 pct year-on-year. In H1, total NII topped 4 billion euros, indicating
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Unemployment rate edges up to 9.9 pct in July
EconomyMacroeconomyof employed people increased by 26,303 people, with total employment comfortably staying well above..., the hiring balance was positive by 339,208 jobs, improving by 34,290 jobs year-on-year. Total hires were
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Unemployment edges down to 9.5 pct in Aug
EconomyMacroeconomyincreased by 103,054 people, with total employment comfortably staying well above the four-million.... Total hires were 2.23 million, against 1.93 million departures.
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Aug hiring balance improves annually, 8M up by 18,350 jobs
EconomyMacroeconomy. Total hirings in August came to 214,678 versus 219,759 departures. Voluntary departures accounted for roughly 42 pct of the total, with the remaining classed as layoffs and termination of contracts
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Sale of 10 pct stake in NBG ups taxpayer losses from banks to 34 bln
EconomyBanking, reaching a total of 7 billion euros in offers. The transaction was split 70-30 between... The total revenues from all the moves to divest from the four systemic banks now stand at 3.43
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