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  1. GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    strict lockdown. The quarterly movements were led by growth across all components, with total..., and exports of goods up by 9.2 pct. Total imports also increased by 21.7 pct, thanks to a rise... of the total GDP in Q3, with private consumption representing 67 pct. Government spending increased by 5.7 pct

    7%

  2. Current account deficit widens to 780.8 mln in Oct, led by deterioration in goods balance
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 2.3 billion euros, compared to a deficit of 1.44 billion euros in the same month last year. Total imports came to 5.94 billion euros, from 3.95 billion last year. At the same time, total exports came... 2020. The total goods deficit came to 20.1 billion euros, from 15.56 billion euros in 2020. Exports

    7%

  3. Despite job losses in Q4 2021, year closes with positive hirings balance
    Photo by MacroPolis

    EconomyMacroeconomy

    by the state. During the last quarter of last year, the total amount of job losses came to 151,775... more hires than departures. Total hirings in December came to 193,008 versus 195,606 departures. Voluntary departures accounted for roughly 39 percent of the total, with the remaining classed

    7%

  4. Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    to 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

    7%

  5. December current account deficit at 1.71 bln, worst for eight years
    Photo by Angelos Christofilopoulos/Fosphotos

    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

    7%

  6. Growth in building permits slows to 4.3 pct YoY in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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

    7%

  7. Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    by 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.

    7%

  8. Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021
    Photo by MacroPolis

    EconomyBanking

    income 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

    7%

  9. Hotel and restaurant jobs boost hirings balance in March
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    on 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

    7%

  10. Jobs in hotels, hospitality push April hirings balance to near-record level
    Photo by MacroPolis

    EconomyMacroeconomy

    was 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.

    7%