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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking) in H1 came to 727 million, up by 1 percent YoY, mainly on the back of improving funding costs... million euros. In Q2, operating expenses came to 255 million, down by 14 percent YoY and 1 percent... improved to 83 percent versys 85 percent a year earlier. Capital The Common Equity Tier 1 (CET1) ratio
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Newsletter 277 -11/12/2020
slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... by 1.04 bln month-on-month as debtors rise New tax debt totalled 4.94 billion, lower than the figure... at 107.41 billion. This represents a rise of just under 1 billion euros month-on-month. CPI falls
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Greek fiscal deficits and debt since 2000
Agora. There are other operations (Table 1 below) that can change the stock of debt without affecting... overall debt and, beyond debt, the state’s net worth.[1] Data in the general government bulletin... for the period 2000-2020 to see if these numbers tell us a plausible story. Table 1 summarizes
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Public sector capital stock in Greece and the Euro-19
Agorain fixed capital stock is important for the wellbeing of all citizens. Figure 1 below shows two lines... spending in the economy as a whole.[1] Benchmarking. Similar calculations of the size of a public sector... to Debt Sustainability" published in 2020. Jens Bastian is senior policy advisor at ELIAMEP. [1
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One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
EconomyFeaturesvalued at over 1 billion USD. Marathon VC, which has been tracking investments in Greek startups reported that the sector received record funding in 2021, approaching a total 1 billion USD. The news has... exceeded 1 million euros. Funding Funding, as one would expect to a degree, is also unequally
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Newsletter 335 - 15/04/2022
taxes were rising by a rate of 1 billion euros monthly. It was always a concern that households.... Health Minister Thanos Plevris announced that from May 1 vaccination certificates will not be needed... will be able to operate at full capacity. From June 1, masks will not have to be worn indoors
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Where is Odysseus? Part 4 - Unemployment and Employment
Agoraon the macroeconomy of Greece.[1] In blog 16, we updated the demographic projections for Greece and found... previous averages. How does this look in Greece? Figure 1 above gives a view. The average.... But inflation continued to be higher than in trading partners by an average of around 1 percentage point
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Newsletter 349 - 02/09/2022
, bringing the ruling party’s backing down to 31.4 pct. Support for SYRIZA has edged up by almost 1 point to 25.1, while PASOK saw an increase of 1 point to 12.1. There was little change among the other... of the Transition Fund are not expected to exceed 1 billion euros in September, which means that the state budget
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Reflections on Greece's balance of payments
Agoraof payments.[1] We can also say that Y - C = S: income minus consumption equals “savings” in the economy... to the balance of payments. This institution was called the “International Monetary Fund.” Figure 1 below.... The solid line repeats the current account balance from Figure 1. The dashed line shows the government
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Newsletter 364 - 23/12/2022
SYRIZA by almost 2:1. The findings suggest that despite the derision heaped on the support measures... in its latest report a “soft landing”, with the growth rate somewhere between 1 and 1.5 pct, from... sees growth even lower to 1 pct, while inflation is also seen persisting into 2023 at 6 pct. In its
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