Search
-
Central government debt grows to 343.74 bln in Q1
EconomyMacroeconomy-term (over 5 years) debt made up 76.7 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.1 and 9.6 percent of the total figure, respectively... at the end of December. The amount of the segregated account grew to 3.54 billion from 8 million.
8% -
Unemployment rate stable at 21.2 pct in Q1
EconomyMacroeconomyof unemployed fell below the 1 million mark for the first time since Q3 2011 in Q3 2017, but has since gone... unemployed (over 1 year) declined for a fifth continuous quarter to 684,600. Out of the total, long-term...) accommodation and food service activities (8.1 percent), and education (8 percent).
8% -
Athens taking more time to consider 2019 measures ahead of budget talks
EconomyProgrammeto announce at the Thessaloniki Expo on September 8 has suffered a setback. Tsipras was meant to have... of the compensatory measures that have been agreed with the lenders in return for implementing 1 percent... to be tabled by October 1 so that its review by EU authorities can begin under the terms of the European
8% -
Unemployment rate falls to 19 pct in Q2
EconomyMacroeconomy-on-quarter, taking the figure to under 1 million for the first time since Q3 2017. This was combined... declines. The number of long-term unemployed (over 1 year) declined for a sixth continuous quarter... administration and defense/compulsory social security (8.6 percent), and education (8 percent).
8% -
Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBankinga decline for an eighth quarter. A minor increase of 1 million euros in NPE formations was seen... by mortgages (-14 million) and corporate loans (-8 million) after having risen in the previous two quarters... billion in June, and to 1.2 billion as of November 9, 2018. Capital The phased-in Common Equity Tier 1
8% -
GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP grew by 1 percent quarter-on-quarter (QoQ) in the third... estimates that private consumption will grow by 1 percent overall this year. For next year, private... percent QoQ and rose by 8 percent YoY. The MoF in its latest budget anticipates that exports
8% -
Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingmillion euros in 2018 compared to profits of 185.5 million in 2017, a rise of 8 percent. Factoring... loans, with NPE formation of -3 million. A rise of 1 million had been noted in Q3. NPL formation also... 109.6 percent in 2017. Capital The phased-in Common Equity Tier 1 (CET1) ratio increased to 16.2 percent
8% -
Newsletter 207 -24/05/2019
years) debt made up 77.2 percent of the total, while short-term (up to 1 year) and medium-term (1... turnover fell by 6.7 percent year-on-year (YoY) in March compared to an upward revised increase of 8
8% -
Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingyear came to 196 million euros. Net interest income (NII) rose by 1 percent QoQ to 360 million... percent in Q4. P&L As mentioned, NII stood at 360 million euros, showing a rise of 1 percent QoQ... quarter, reflecting a fall of 8 percent both on a QoQ and YoY basis. The cost-to-income ratio stood
8% -
Institutions warn of fiscal target being missed, reforms slowing
EconomyProgrammea slowdown in reforms. The report is based on the findings of a mission to Athens between 6 and 8 May... as planned and not creating an extra 1 percent in fiscal space for growth-enhancing reforms... estimate will have a fiscal cost of more than 1 percent of GDP in 2019 and beyond. These range from
8%