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Strong surplus in Nov as travel balance nears year-end with 58.6 pct of 2019 intakes, 46.7 pct of arrivals
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 173.8 million euros in November, from 1.27 billion euros in October, according to Bank of Greece (BoG) data released on Friday. The latest data.... Payments also increased marginally to above 1 billion, which took the overall travel balance to 9.47
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Alpha books net loss of 2.91 bln in 2021 as balance sheet clean-up intensifies
EconomyBankingAlpha Bank reported a net loss of 2.91 billion euros in 2021, compared to profits of 104 million euros in 2020, as the bank intensified efforts to rid its balance sheet of troubled assets through..., from 54.3 percent in 2020. Balance sheet The Group’s gross loans amounted to 39.2 billion euros
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Newsletter 200 -29/03/2019
first proposed. On Thursday, the government also amended the draft legislation so that the loan balance... and help banks clear NPLs from their balance sheets. He stressed that the main criteria put forward... revenues The budget primary balance was confirmed at a surplus of 822 million euros in the first
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Newsletter 207 -24/05/2019
offset by the improved services balance. Greece’s current account (C/A) deficit accelerated to 1.5... by the improved services balance. Additionally, the primary and secondary income accounts deteriorated... indicated that the country will miss its fiscal targets this year. 2 April hirings balance positive
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Services sector turnover deteriorates in Q2
EconomyMacroeconomy. The quarter on quarter (QoQ) evolution also displayed mixed trends. Six service activities posted... administrative and support as well as information service activities recorded a nosedive of 64.6 and 45.2 percent respectively. Over the last four years, just two service activities posted a considerable
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Newsletter 147 -19/01/2018
for the management of the facilities. The balance of travel services came to a surplus of 11.57 billion... parliaments, about a precautionary package for Greece.. Primary balance posts deficit of 877 mln in Dec... government primary cash balance landed at a deficit of 877 million euros in 2017, compared
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Newsletter 160 -04/05/2018
balance capitalising on his party's programme exit with unpopular reforms in 2019. on October 13... the general government come to 140.50 billion The outstanding balance of private sector deposits... monthly balance since August 2017 when the figure came to 1.41 billion euros. Overall, the outstanding
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Debt relief or debt restructuring for Greece?
Agoraof the eurozone’s member states, the ECB’s and the IMF’s vaults as well as on the balance sheet... to service its accumulated debt. Greece can only come closer to debt sustainability... securities’ balance sheet are a recurring bone of contention between the government and the troika
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Settling rising private debt? The IMF has some ideas
Economyas companies concentrate on deleveraging and repairing their balance sheets. · Overleveraged households... sector’s balance sheet. Removing uncertainty and in some cases providing debt relief will have... or reforming the personal insolvency frameworks is to balance the desire to provide debt relief
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Greek labour market recorded in 2015 second highest net hirings since 2001
EconomyMacroeconomy. The evolution of the employment balance in the course of 2015 displayed positive readings in the February... peaked at 56,473 in October. The biggest positive contributors to the employment balance in December came from food service (+8,147) followed by employment activities (+1,760) and retail trade (+1,725
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