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Building permits drop by 14.4 pct in March
EconomyMacroeconomy. The total number of permits came to 1,156, rising above the 1,000-permit mark after two consecutive months.... At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than the 2005 peak. Much of the current building
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Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
EconomyMacroeconomysince Q2 2018, when the total came to 906,000. This was combined with a QoQ fall of around 19,700 in those employed, bringing the total to 3.81 million. The largest increase in employment in Q1... unemployed (over 1 year) declined for a seventh consecutive quarter to 589,000. Out of the total, long
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Piraeus Bank issues Tier II bond to strong demand
EconomyBankingeuros on Wednesday. In total, bids of over 850 million euros were submitted. On its website, the bank... of increasing Piraeus Bank’s total capital ratio by around 90 bps. The issue has been rated Caa3 by Moody’s and CCC by S&P. Bids landed at over twice the asking amount, with a total of 135 investors
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Card usage gains traction with debit cards leading the way, BoG finds
EconomyBankingto the latest data, the total number of active payment cards in circulation at the end of 2018 came to 17... that in 2018, a total of 924 million card transactions took place, an increase of 28 percent YoY... transactions as a total of all card transactions has been steadily decreasing since 2015 as debit
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Car sales rise by 4.9 pct in June and 8.8 pct in aggregate period
EconomyMacroeconomyfor the month came to 21,464 compared to 20,469 in June last year. Out of the total, passenger car... of the total car sales in June. Over two thirds of all passenger cars sold were registered... 2019, a total of 118,525 car sales were noted. Of the total, 70,006 were new vehicles, recording
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Building permits increase by 14.6 pct in April
EconomyMacroeconomymonthly headline interrupts four months of consecutive drops. The total number of permits came... and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than the 2005 peak. Much
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Newsletter 216 -26/07/2019
7.1 percent higher than for the same time last year. During the first six months of the year, total... to roughly 2.4 million visitors during the month. In total, arrivals from the EU 28 countries fell... a rise of 8 percent YoY. In total, arrivals edged down 0.9 percent in the first five months
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Increase in car sales slows markedly in July
EconomyMacroeconomyto 17,735 vehicles compared to 17,685 in July last year. Out of the total, passenger car sales rose...), and buses (121). Passenger cars accounted for close to 70 percent of the total road motor vehicles and 86... 2019, a total of 136,260 car sales were noted. Of the total, more than 79,000 were new vehicles
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingwith total on-balance sheet gross book value of approximately 1.8 billion euros, code named Project Neptune... with total on-balance sheet gross book value of 1.9 billion euros, code named Project Orion. In total, these sales are worth 3.7 billion euros and are expected to help keep the bank on track with its
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Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBankingof declines, bringing the total to 11.1 billion euros. The NPL ratio came to 25.9 percent from 29 percent... euros. In H1, a total of 1,487 property auctions were noted with 29 percent conducted, 38 percent... 2019. Emergency Liquidity Assistance (ELA) funding has been fully eliminated, with the total now
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