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  1. Newsletter 282 -29/01/2021

    Newsletters

    came to 10.65 billion, above the target by 226 million. Overall, the PIB balance landed on a deficit... during the quarter The absolute figure for disposable income landed at 32 billion euros. Greek... (ELSTAT) data released this week. The absolute figure landed at 32 billion euros compared to 31.52

    18%
  2. Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the full year landed at a deficit of 10.33 billion euros in 2021.... At that level of economic activity last year, the primary balance landed at less then 6 pct of GDP... expenditure came to 9 billion euros, above target by 51 million euros. Overall, the PIB balance landed

    18%
  3. National Bank starts 2014 posting net profit of 181 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    National Bank was the second Greek bank after Eurobank, which published Q1 results on May 28. Net profit landed at 181 million from 27 million last year mainly reflecting soaring pre-provision income... formation eased at a slower pace compared to the previous two quarters and landed at 380 million

    16%
  4. Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    ) of 60.74 billion, the outstanding cumulative tax debt landed at 67.98 billion in July from 67.25... percent in June. The year to date figure landed at 25.7 percent, way below the full year target of 65

    16%
  5. Tourism helps bring Greek unemployment down to 26.4 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    . The number of unemployed slipped by 12,200 MoM and landed at 1.28 million in July. Since 2009, the jobless... and 45-54) posted a much lower drop YoY and landed at 35.4, 22.3 and 20.4 percent respectively

    16%
  6. Greek stocks, bond yields show effects of worsening mood regarding country's prospects
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    of the Athens Stock Exchange landed at 794.23, which is the lowest reading since April 24... of the 5-year GGB increased by 0.67 pp above the 15-percent mark and landed at 15.06 percent. The 10-year

    16%
  7. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    ’ deficit landed at 1.3 billion with exports at 1.68 billion and imports at 2.98 billion. BoG said... figures showed imports landed at 18.29 billion, exports at 10.17 billion resulting in a negative

    16%
  8. Greek stocks almost unchanged at end of roller coaster week

    Economy

    rates and lowered banks’ reserve amounts. The Athens Stock Exchange general index landed at 633.81.... The average daily turnover landed at 30 million this week, which is the lowest this month

    16%
  9. Drop in trade deficit accelerates to 14.3 pct in Dec on faster fall in imports
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    the decline has been easing over the past three months. In absolute terms, exports landed at 2.15... by 9.5 percent and a slower fall in exports by 5.1 percent. In absolute terms, trade deficit landed

    16%
  10. Current account deficit more than halves to 708 mln in March

    EconomyMacroeconomy

    (-10.2 percent). The absolute figures showed that exports and imports landed at 2.04 and 3.57 billion.... As a result, goods’ deficit landed at 4.12 billion from almost 5 billion last year. Excluding oil

    16%