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GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY
EconomyMacroeconomyincreasing by 8.1 percent compared to Q4. Imports of goods and services rose by 5 percent QoQ, while exports... of 1.1 percent in Q4. General government consumption fell by 5 percent QoQ and declined by 4.1 percent... of the total figure in Q1, with private consumption representing 67.9 percent of the headline GDP
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Newsletter 209 -07/06/2019
) garners between 3 and 5 percent. Ex-finance minister Yannis Varoufakis's party, Mera25, is expected.... In Q1 imports of goods and services rose by 5 percent QoQ, while exports of goods and services fell... for those employed increased by 77,947 or a rise of 2.1 percent. Total employment reached 3.85 million
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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankingitems, specifically the bank’s voluntary retirement scheme, PPI fell by 5 percent QoQ. PPI in Q2 2018... of this year. A total of 3.5 billion euros worth of portfolio sales are in the pipeline for 2020. These consist..., the figure came to 146 million euros, showing a YoY rise of 5 percent. Ancillary fee volumes continued
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Hotel owners sound warning over Thomas Cook revenue losses
EconomyFeatureswere 1, 2 or 3 star establishments, 32 percent were 4 start and 21 percent were 5 star. The lower... to an average of 48 percent of overall turnover for such hotels. For 2019, total losses to Greek hotels stemming from the collapse of Thomas Cook were estimated at 315 million euros. Out of the total, 138.2
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Newsletter 230 -29/11/2019
of dividends tax from 10 to 5 percent. In its statement, the Finance Ministry claimed that the bill... to 5 percent on the amount repaid, the prepayment makes next year’s maturity profile even more benign... euros. During the first ten months of the year, total expenditure came to 42.46 billion, landing
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Newsletter 249 -08/05/2020
cost comes to 6.5 percent of GDP. The budget of the Finance Ministry was accordingly raised by 5... by the coronavirus pandemic. Total hirings came to 48,555 versus 41,350 departures. In the aggregate period... on all existing loans dropped by 5 bps to 3.90 percent. The overall weighted average interest rate
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Latest market foray for 15-yr bond attracts strong investor interest with record low yield
EconomyBanking8.4 times. The total amount outstanding for the 2035 maturing issue is now 4.5 billion euros... euros that tightened the initial price guidance to 130 basis points over mid-swaps, down by 5 basis... with total offers close to 17 billion. More than 280 accounts participated in the transaction
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Hercules nears end of its first cycle with National Bank's participation
EconomyBankingaccount for 18 pct, while consumer credit comprises 5 pct. Hercules was launched by the Greek government... their balance sheets since its debt crisis. NBG’s participation will bring the total reduction near..., and three months before the scheme expires. A total of 58.7 billion euros worth of bad loans sit
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GDP shows strong recovery from lockdowns with 3.4 pct growth QoQ in Q2
EconomyMacroeconomydropping by 0.4 percent, government spending reduced by 0.7 percent and imports rising by 5 percent..., making up 91.7 percent of the total GDP in Q2, with private consumption representing 71.7 percent of total GDP. Government spending has increased to 20.1 percent because of fiscal interventions
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Newsletter 320 - 10/12/2021
portion of the 70,000 votes he took in the first round (26 pct of the total) will now gravitate towards... who intend to vote for Papandreou. The turnout in the first ballot on December 5 exceeded 270,000... has been above 5 billion euros since Q4 2020 and was 5.87 billion in Q3 2021. Exports of goods
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