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  1. Record year for tourism in 2023 with 20.46 bln in receipts, 32.74 mln visitors
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    increased to 2.45 billion, bringing the total travel balance to 18.01 billion euros, a significant... countries amounted to 8.59 billion euros. In total, arrivals rose by 17.6 percent to 32.74 million

    4%

  2. First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses

    EconomyBanking

    . The transaction was heavily oversubscribed by 8x, roughly 3x in Greece and 9x abroad. The total stake.... This brings the total intakes from the divestment process to roughly 2.8 billion euros, which translated

    4%

  3. Jan current account in surplus, trade balance worsens as exports drop again
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    , compared to a deficit of 2.47 billion euros in the same month last year. Total imports came to 6.63 billion euros in January, from 6.86 billion last year. At the same time, total exports came to 3.94

    4%

  4. Travel balance surplus more than doubles YoY in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    increased to 2.45 billion, bringing the total travel balance to 18.01 billion euros, a significant... countries amounted to 8.59 billion euros. In total, arrivals rose by 17.6 percent to 32.74 million

    4%

  5. Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , compared to a deficit of 2.28 billion euros in the same month last year. Total imports came to 7.02 billion euros in February, from 6.64 billion last year. At the same time, total exports came to 3.91

    4%

  6. Piraeus Bank net interest income jumps by 16 pct to 518 mln in Q1, commission income up 19 pct
    Image via www.piraeusbank.gr

    EconomyBanking

    2023. Net trading income was a loss of 4 million euros. Total operating expenses stood at 193... the total capital ratio was at 18.5 percent.

    4%

  7. Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism
    Photo by MacroPolis

    EconomyMacroeconomy

    by 115,672 people, with total employment staying well above the four-million mark, at roughly 4.33 million... by 56,235 jobs, deteriorating by 1,252 jobs year-on-year. Total hires were 644,069, against 587,834

    4%

  8. Q1 current account deficit widens to 4.15 bln as exports continue to shrink
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in March, unchanged from the same month last year. Total imports came to 6.78 billion euros in March, from 7.32 billion last year. At the same time, total exports came to 4.2 billion euros, from 4.74

    4%

  9. From pipe dreams to power cables: the changing map of Greece's energy ambitions
    Photo via https://flic.kr/p/bwZLC3

    Agora

    of 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

    4%

  10. Unemployment rate unchanged at 10.8 pct in Apr
    Photo by MacroPolis

    EconomyMacroeconomy

    people, 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

    4%