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Wages index up by 4.9 pct in Q4 to reach highest level since 2012
EconomyMacroeconomyin the previous quarter. The index has not seen at this level since 2012 when it stood at 99.9, before... in the previous quarter. Effective from last month, the Greek government increased the minimum wage
3% -
Unemployment rate inches up to 18.7 pct in Q4
EconomyMacroeconomyin Q4. Part-time employment rose to 9.2 percent, falling from the previous quarter’s reading of 8.7 percent. Those classed as underemployed came to 233,900, unchanged from the previous quarter
3% -
Piraeus Bank posts net profit of 185 mln in 2018
EconomyBankingin Q4, while the NPL ratio increased slightly to 33.8 percent from 33.5 percent in the previous... million versus 243 million for the previous quarter, up by 3 percent. In 2018, recurring operating
3% -
Corruption claims dominate political discussion ahead of elections
PoliticsGreek Politicsthe suspicions that are raised about the behaviour of previous governments, which help its efforts... issued in previous years to New Democracy and PASOK, which owe a total of more than 400 million euros
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Disposable income rises by 1.7 pct YoY in Q4, final consumption grows 1.4 pct
EconomyMacroeconomyGreek household disposable income grew by 1.7 percent year-on-year (YoY) in the fourth quarter (Q4) of 2018, growing from the rise of 4.1 percent noted in the previous quarter, according to Hellenic... to an increase of 4.3 percent in the previous quarter, and stood at 16.30 billion. Employee compensation
3% -
Newsletter 207 -24/05/2019
for next year is seen at 2 percent, from 2.1 percent in the previous outlook. The OECD highlights... euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed this week
3% -
Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
EconomyBanking. The recurring cost to income ratio came to 54.7 percent in the quarter from 53.4 percent in the previous... notably from 668.9 in the previous quarter, which was materially affected by the additional impairments
3% -
GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY
EconomyMacroeconomynegative reading in 10 quarters. Compared to the same quarter in the previous year, GDP at current... expected in November last year. Growth for next year is seen at 2 percent, from 2.1 percent in the previous
3% -
New overdue taxes rise at lower rate in Apr, total debt at 104.6 bln
EconomyMacroeconomyto 175.6 million, markedly declining from 889.9 million in the previous month. On an aggregate basis... percent from 15.2 percent in the previous month. The revenue collection rate from tax audits
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Apartment prices up by 4 pct in Q1 for highest increase since 2007
EconomyMacroeconomyquarter of YoY property price increases. Compared to the previous quarter, apartment prices rose... to -142 million in the previous month. This resulted in the household loan sector's balance falling
3%