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Bumper year for business launches in 2019, according to registry
EconomyFeatureselectronic platform. These are public companies (SA), civil non-profit, single traders, limited partnerships... the classification of single traders, which is reflected in Greece’s very high number of small to medium sized..., 17,230 such companies were opened and 11,774 closed. Single trader company registrations rose by 4.3
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Newsletter 257 -07/07/2020
that the pandemic will have on the global job market. It showed that under the single hit scenario... of unemployment under the single hit scenario is projected to rise by 2.1 percentage points (pps) in 2020... growth for Greece is expected to shrink by 8 percent this year under a single hit scenario before
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Parties balanced finely as build-up to next elections gathers pace
PoliticsGreek Politicselections, it is estimated that at least 44 pct of the vote would be needed for either a single party... impossible for a single party to win a parliamentary majority. Also, as things stand the only viable... in the House. Based on the current polling data, this opens up the possibility of a single-party New Democracy
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Credit contraction marginally decelerated to 3.9 pct in August
EconomyMacroeconomymonth on stable mom net deductions at 823 million in August from 855 million in July. August negative flow mainly reflects corporate and household lending net deductions of 534 and 240 million... with balances reaching 102.9 billion. Monthly net deductions continued unabated in every month over the past
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Greek deposits down 0.3 pct in Feb, credit contraction stable
EconomyMacroeconomyreaching 160.54 billion euros, according to the Bank of Greece (BoG). Net flow remained negative... percent MoM for the eleventh consecutive month on higher net deductions of 773 million in February from... net deductions of 439 and 314 million respectively. Restrained deposit flow combined with increasing
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Credit contracts by 3.5 pct in June, balances at 214.81 bln
EconomyMacroeconomy). Monthly net deductions dropped to 324 million euros in June, the lowest reading so far in 2014, from 963 million in May. The negative flow in June mainly reflects corporate and housing lending net... marginally below the 100-billion-euro mark for the second straight month. Monthly net deductions fell
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Greek credit contracts by another 3.5 pct in Sept as balances ease to 212 bln
EconomyMacroeconomy) to 212.78 billion euros. Monthly net deductions remained above the 400-million-euro mark... MoM to 98.18 billion euros. Net deductions dropped below the 200-million-euro mark to 196 million... net deductions remained almost flat MoM at 213 million. Consumer credit contraction decelerated
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Greek current account deficit widens to 847 mln in Jan as exports fall further
EconomyMacroeconomyby 15.9 percent to 2.03 billion. BoG noted that this is owed to higher net import bill for oil and other goods excluding ships, while net payments for ships decreased. The marginal rise... (formerly known as income account) surplus by 21.9 percent to 589.2 million is due to higher net interest
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Greek stocks almost unchanged at end of roller coaster week
Economypercent to 93 million, while net profit reached 52 million from 16 million last year. In addition... a dividend yield of 2.4 percent, with the ex-date was set for September 11. Folli-Follie net profit surged... EBIDTA recorded a slower growth by 7.1 percent to 61.8 million. PPC net profit came in at 105.6
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Current account surplus widens to 838 mln in Sept on shrinking goods deficit
EconomyMacroeconomyand 3.38 billion respectively. The services’ surplus fell by 18.1 percent mainly due to lower net... in the 9-month period largely reflects a drop in net transport receipts, while travel receipts improved... in September. For the 9-month period, residents’ net assets from direct investment abroad rose by 292 million
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