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Newsletter 138
to 5.34 billion in the first nine months of 2017, up marginally (by 3 million euros) compared... fuel, which fell by 3 percent. The seasonally adjusted (SA) retail sales index declined by 2.3
6% -
Unemployment falls again in August, edging down to 20.6 pct
EconomyMacroeconomyby 17,128. The unemployment rate among women fell by 3 points from last year to 24.9 percent... by the 25–34 group that dropped by 3 points to 26.9. The lowest unemployment rate can be found in the 65
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Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomybillion, while travel payments declined by 3 percent to 173.5 million. BoG cited an 11.8 percent rise... increased by 381 million euros, while the corresponding liabilities grew by 3 billion. In the nine-month
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Newsletter 141
percent to 2.47 billion for the month, while travel payments fell by 3 percent to 173.5 million.... This was driven by travel receipts rising by 15.5 percent to 2.47 billion, while travel payments declined by 3
6% -
Athens meets bond targets despite testing market conditions
EconomyOn Friday afternoon, one day after the successful completion of the bond issue, the Greek Finance Ministry provided the details of the transaction for the 3 billion notes due 15 February 2025... percent. The final terms of the transaction were released at 14:20 GMT, accepting 3 billion euros from
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Hydrocarbons add to tension between Turkey, Greece and Cyprus
PoliticsForeign Policyto reach Cyprus' block 3 for hydrocarbon research when it was impeded. Turkey is currently conducting military exercises close to Cyprus's Block 2 and 3 and has blocked the area using a NAVTEX
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Cyprus EEZ keeps Greek-Turkish relations on edge
PoliticsForeign Policyby Italian energy company's ENI to Block 3 is still blocked by Turkish warships. Even though the Greek... even though Block 3 is not one of those being challenged by Turkey. This move may for the drillship
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Newsletter 152 -23/02/2018
clearance in 2017. The aim is to reduce state arrears, which stood at just over 3 billion euros in January... for this purpose, including the 3 billion euros it raised from the sale of a 7-year bond in January
6% -
Greek banks' NPL selloff gathers speed
EconomyBankingto Sweden’s Intrum. Intrum offered 3 cents on the euro of loan principal sold, which translated into 45.... The National Bank of Greece (NBG) is proceeding with the sale of an NPL portfolio totalling 3
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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingbillion to be reduced in 2019 in order to meet its targets. P&L Net interest income (ΝΙΙ) fell by 3... with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new and 50 percent
6%