Search
-
Eurosystem funding for Greek banks shoots up by 11.2 bln in December
EconomyMacroeconomyGreek banks’ Eurosystem funding shot up by 11.19 billion to 56.04 billion euros at the end... recorded in February 2012. Following a sharp drop by more than 30 billion euros in the 9-month period... issues stood at circa 60 percent 3) Gradual lack of renewal of interbank repos up to 9 billion 4
19% -
Industrial production up by 2.8 pct in Sept for second straight raise
EconomyMacroeconomy-indices with the biggest increase posted by electricity production (up 6.3 percent) followed by manufacturing (up 2.6 percent) and water supply production (up 2.1 percent). In contrast, mining... and intermediate goods, posting a sharp drop in their production by 25.6 and 10.2 percent respectively
19% -
New overdue taxes rise by 890 mln in Nov, total stock up to 94.2 bln
EconomyMacroeconomy. At the same time, the number of tax debtors edged up by more than 7,500 to 4.31 million in November, after a drop by around 69,700 in the previous month. The aggregate figure for the 11-month period showed new overdue taxes amounted to 12.63 billion, up by 6.7 percent from last year’s figure
19% -
Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
EconomyBankingat the end of 2016 from 348.77 a year ago. The decline largely reflects a drop by more than 26 billion...) ratio edged up to 44.8 percent in December 2016 from 44.2 percent at the end of 2015 mainly... percent. As a result, NPEs stood at 106.3 billion at the end of 2016, up by 1.6 percent year
19% -
Trade deficit up by 5.9 pct in July as export growth slows
EconomyMacroeconomy, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The increase was driven by a drop... by geography showed that exports to EU countries went up by 4.7 percent, while those to non-EU countries were almost double this amount and rose by 8.8 percent. Imports from EU and non-EU countries picked up
19% -
Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
EconomyMacroeconomytrip drop by 3.2 percent, or 19 euros. Travel receipts from the 28 European Union (EU 28) countries..., reaching 287.3 million euros up to August. The Greek Tourism Confederation’s (SETE) annual outlook predicts that tourist numbers could reach up to 30 million in 2018, but warns of competition picking up
19% -
Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek PoliticsThe government is gearing up for a busy legislative period in the coming months, which will include... bill, 4) Radical overhaul of the tax system, 5) Tie up the loose ends from the third review and, 6... today the study compiled by the committee of wise men given the task for coming up with a new
19% -
ND and SYRIZA square up as Novartis inquiry gets underway
PoliticsGreek Politics. The leftists argue that New Democracy and centre-left KINAL are trying to cover up the involvement... if it can prove, or leave voters with the impression, that SYRIZA cooked up the Novartis claims... their support drop by 1 percentage point since September, but New Democracy is on 38.5 percent, with SYRIZA
19% -
General govt primary cash deficit at 5.49 bln in Aug, arrears up by 172 mln
EconomyMacroeconomyof the total tax refunds make up the majority of the arrears in August. Debt Central government gross fell by 798 million euros month-on-month to 364.27 billion euros. The movement largely stemmed from a drop of 792 million euros in repos which came to 31.27 billion in August and made up 8.6 percent
19% -
CPI up to 7.2 pct in Feb as widespread inflation hits highest since pre-euro era
EconomyMacroeconomypercent monthly drop noted in January. The prices index was in negative territory for the 12 months prior to May 2021, when CPI posted a marginal increase of 0.1 percent and prices have been pushing up..., electricity was up 71.4 percent annually and natural gas shot up by 78.5 percent. Heating oil also moved
19%