Search
-
The race to reduce Greece's bad loans
EconomyBankingby 2.2 billion. The targeted reduction in NPLs is stated as 47 percent (or by 34.2 billion) across... and to 10.6 billion by the end of next year Alpha Bank has a portfolio of bad loans totalling 800 million... portfolio Eurobank has put up for sale takes the form of loans up to 10,000 euros in credit card debt
3% -
Improving trends in property market highlighted by central bank
EconomyBankingand 2.2 percent, respectively. An uptick in commercial property investment portfolios has also been... commercial property even reported a small price rise. Overseas investment in Greek property has picked up... market in Greece for short-term rental properties. This new dynamic has led to an increase in real
3% -
Greek banks push for return to normality
EconomyBanking12 to 18 months. The agency anticipated economic growth of 2 percent this year and 2.2 percent... for a second consecutive month. Since the start of the year, Eurosystem funding has fallen... Eurobank. The so-called Pixel portfolio has attracted strong interest from overseas investors
3% -
Unemployment rate declines to 18.3 pct in Q3
EconomyMacroeconomyof unemployment has fallen under 20 percent. Compared to the same period last year, the jobless rate has declined by 1.9 percentage points (pp) from the Q3 2017 figure of 20.2 percent. The current... of households as employers (-5,100). The unemployment rate for males declined annually by 2.2 pps YoY
3% -
Fitch keeps Greek rating stable at 'BB-' but sees growth momentum building
Economyand Moody’s at ‘B3’, which is the ‘B-‘ equivalent, although it has not taken any rating action... that although the crisis has severely tested the country’s political and social stability, Greece’s... and the fiscal performance over the last three years has been stronger compared to peers. The weak
3% -
How Greece's electoral map changed radically over 10 years
Agoraconvinced more than 2.2 million Greeks in January 2015. Their support gave him 36.4 percent vs. 27.8... in younger groups is more modest. Additionally, SYRIZA has lost all occupations apart from the unemployed... doubt that there has been a substantial shift in Greek voters’ views and preferences, which
3% -
Unemployment drops to 18.1 pct in March
EconomyMacroeconomytime last year, the unemployment rate came to 20.2 percent. Unemployment has continued to slowly fall... the peak of 1.35 million unemployed in September 2013, unemployment has shown a fall of around 36.9... million. The unemployment rate among women fell by 2.2 percentage points (pps) year-on-year and came
3% -
Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
EconomyMacroeconomy, the jobless rate has declined by 2 percentage points (pps) from the Q1 2018 figure of 21.2 percent... annually by 1.8 pps YoY to 15.4 percent while the rate for females fell by 2.2 pps to 24 percent... aged over 65, where the rate came to 11.2 percent. This group also has the lowest overall rate
3% -
Building permits increase by 4.7 pct in June
EconomyMacroeconomyto the same month last year, construction confidence has increased by 2.2 points.... increased by 21.8 percent. Greece’s construction sector has remained subdued in recent years... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed
3% -
Govt takes up fiscal requests with EU as pressure over min wage, main homes mounts
Politicsfor the primary surplus target to be reduced from 3.5 pct of GDP for 2021 and 2022. The government has a strong..., Stournaras argued that if Greece’s fiscal target is reduced to 2.2 pct, this would not adversely affect... comments, SYRIZA has tried to pile on the pressure. During a parliamentary committee discussion
3%