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GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomyQoQ and by 14.4 percent YoY. For the full year, gross fixed capital formation increased by 4.6... showed that travel receipts came to 18.15 billion euros for the full year, a rise of 12.8 percent YoY... percent, and under the adverse scenario it could come to 1.9 percent in 2020, almost a full percentage
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBanking, exceeding the bank’s full year SSM reduction target. The bank noted that with nearly two thirds... percent QoQ to 288 million. In 2019, NII rose by 7 percent, to 1.19 billion euros. The full-year figure.... During 2019, loan impairments amounted to 330 million with the full year cost of risk coming to 116
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Parliament re-opens for business amid calls for greater scrutiny
PoliticsGreek Politicsto normal political business, warning that the suspension of full parliamentary activity is allowing... sessions, and that committees should convene in full over video call. There are also calls to postpone votes on major legislation until parliament has returned in full. Emergency measures
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Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
EconomyBankingin the background is ongoing. In their full year results for 2019, the bank said that due to the coronavirus... billion euros in securitsaion portfolios on schedule as reported in their full year results... Bank of Greece noted in its full year report that it had several portfolios scheduled
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Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
EconomyMacroeconomypercent of long-term unemployed are looking only for full-time employment while 66.9 percent are looking for full time employment but would accept part-time jobs if full-time work is not available
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Athens hoping EU diplomatic drive will defuse latest Aegean crisis
PoliticsForeign Policycontinental shelf, suggesting that Turkey does not want to trigger a full-blown diplomatic clash. Nevertheless.... “The EU stands in full solidarity with Cyprus and Greece,” he added, without giving details of any... also offered a statement of support for Greece. “Israel expresses its full support and solidarity
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Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
EconomyMacroeconomypercent of long term unemployed are looking only for full-time employment while 66.5 percent are looking for full time employment but would accept part-time jobs if full-time work is not available
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It's the hope that kills you
Agoraof thousands of Athenians were crammed daily in the metro to go to work at rush hour, schools opened at full.... It should be noted that Greek authorities have been inconsistent in providing full Covid-19 data, and that the task of creating a full picture regarding the numbers has been taken up by a few individuals
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Unemployment at 16.2 pct in Q3
EconomyMacroeconomyare looking only for full-time employment while 66.8 percent are looking for full time employment but would accept part-time jobs if full-time work is not available. Around 17.2 percent reported receiving
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Labour market developments in Greece during Covid-19
Agoraas one or even two decades for reforms to take full effect across sectors and labour market participants... is a “lagged variable”. This means that if GDP declines (or increases), it takes a while before the full... 700,000 persons less than before the euro crisis. It will take a while before the full damage
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