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Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
EconomyMacroeconomyto a deficit of 1.44 billion euros in the same month last year. Total imports came to 6.69 billion euros, from 3.93 billion last year. At the same time, total exports came to 3.95 billion euros, from 2.49... euros in the eleven months, from 10.33 billion euros up to November 2020. The total goods deficit
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December current account deficit at 1.71 bln, worst for eight years
EconomyMacroeconomy. Total imports came to 6.27 billion euros, from 4.33 billion last year. At the same time, total... year as it stands at 10.61 billion euros, from 10.96 billion euros in 2020. The total goods deficit
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Growth in building permits slows to 4.3 pct YoY in Jan
EconomyMacroeconomyThe new year started with a slowdown in the growth of building permits in Greece, with total...) on Thursday. The total number of permits issued in January reached 1,522, from 1,459 in January 2021... permits issued rose by 26.6 percent. Total permits stood at 23,970. Surface area increased by 46.6
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Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1
EconomyBankingby 42 pct to 583 million euros. Total operating expenses stood at 199 million, a drop of 6 percent YoY...-risking. Capital The reported CET1 ratio in Q1 was 9.8 pct, while the total capital ratio was at 14.6 pct. The pro forma fully loaded CET1 and total capital ratio stood at 10 pct and 14.8 pct respectively.
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Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021
EconomyBankingincome was 328 million euros of one off. Total operating expenses stood at 408 million, from 427... to significant NPE de-risking. Capital The reported CET1 ratio in H1 was 11 pct, while the total capital ratio was at 15.7 pct. The pro forma fully loaded CET1 and total capital ratio stood at 9.5 pct and 14.3
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Hotel and restaurant jobs boost hirings balance in March
EconomyMacroeconomyon record, beating the previous high of 55,494 in 2018. Total hirings in March came to 250,239 versus 188,327 departures. Voluntary departures accounted for roughly 36 pct of the total, with the remaining... balance has reached 57,487, improved by 33,729 more jobs year-on-year. Total hires were 619,788, against
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Jobs in hotels, hospitality push April hirings balance to near-record level
EconomyMacroeconomywas 124,365 more hires, an all-time April record, suggesting a minor drop of 1,286 jobs. Total... pct of the total, with the remaining classed as layoffs and termination of contracts. Layoffs...-on-year. Total hires were 929,112, against 748,546 departures.
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Waiters and hospitality jobs lead way as hiring balance improves YoY in June
EconomyMacroeconomywas 19,113 more hires, suggesting an improvement of 9,648 jobs. Total hirings in June came to 357,931 versus 329,170 departures. Voluntary departures accounted for roughly 30 pct of the total... 304,918, improved by 37,726 more jobs year-on-year. Total hires were 1.64 million, against 1.33
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Labour bill controversy dents plans for announcements of new measures in Sep
PoliticsGreek Politicscontributions. There are 10,168 individual and 16,839 companies that owe a total of 142.6 billion... codes filed returns and 65 pct of them declared incomes of less than 10,000. The total income declared was 84.2 billion euros, from 79.7 billion in the previous year, with a total tax obligation of 8.9
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Hiring balance for 7M reaches record despite first negative July reading since 2019
PoliticsGreek Politicswas 2,999 more hires, suggesting a year-on-year deterioration of 11,293 jobs. Total hirings in July... of the total, with the remaining classed as layoffs and termination of contracts. Layoffs are up by 21,483... balance reached 296,624, improved by 26,433 more jobs year-on-year. Total hires were 1.92 million, against
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