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NBG reports profits of 833 mln in 2021
EconomyBankingmillion, from 1.1 billion in 2020, was up by 4 pct at 1.5 billion euros. Asset quality NPEs continued... trading income in 2021 was 404 million euros, down by 63 pct from 2020, when it amounted to 1.1 billion... that reflected improved profitability. The total capital ratio reached 17.5 pct, comfortably exceeding
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economybillion euros, out of the total 13.2 billion euros energy support package. This was split between 4.1 billion euros for households and 6.5 billion euros for firms. The total 5.5 billion euros package... of extraordinary support, 1.1 billion euros of which is related to the energy crisis. The Finance
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Strong set of 2024 fiscal data provides space for voter-friendly handout package
EconomyMacroeconomyof a surprise handout package worth 1.1 billion euros in support and public investments. The methodology..., are factored into government finances. Last year, Greece had a total surplus of 3.18 billion euros..., or 4.8 pct of GDP. Central government contributed 2.05 billion euros to the total surplus, with local
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgrammerequested from Greek lenders that they retain their total T-Bill holdings at February 18 levels... paid so far in March a total of 1.24 billion euros to the International Monetary Fund in three tranches... euros in the March-June period. Excluding this month’s 2.2 billion, Greece has to cover 4.35 billion
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Industrial production edges up 0.1 pct in September
EconomyMacroeconomyin manufacturing production by 2.2 percent, which holds the lion’s share of the total index with 70... on the total index. The biggest drop of 15 percent was posted by mining and quarrying production.... Production in consumer non-durables and energy decreased by 4 and 2.2 percent respectively
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Newsletter 115 - 21/04/2017
expects Greece’s domestic economy to grow at a slower pace of 2.2 percent in 2017 compared to its... by 1.21 billion to 12.91 billion, while stripping out arrears payments the rise in total expenditure..., while mining and quarrying turnover, which makes up only a fraction of the total index, increased
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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomyincreased by 0.9 percent QoQ and dropped by 2.2 percent YoY, taking final consumption expenditure down... 89 percent of the total figure in Q3, with private consumption representing close to 68 percent of the headline GDP number. Government spend is circa 21 percent of the total. The latest Finance
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Newsletter 153 -2/03/2018
to inflows of 1.52 billion in December 2017. Total deposits, which also include the general government... deposits fell by 962.6 million euros, while time deposits rose by 401 million. Retail sales rise by 2.2... figure is the highest reading since July 2017. Greece’s retail sales rose by 2.2 percent year-on-year
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GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
EconomyMacroeconomypercent decline in expenditure by the general government. Gross capital formation declined by 2.2..., making up 88.5 percent of the total figure in Q2, with private consumption representing 67.5 percent of the headline GDP number. Government spending represents 20.5 percent of the total. In the latest
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economyseen closing the fiscal gap. Incorporating all fiscal interventions, total revenues in 2020 will reach 54.13 billion, from 54.31 billion in 2019. Total expenditure will reach 57.05 billion euros, from... organisations that monitor the Greek economy. The European Commission expects Greece to grow by 2.2 percent
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