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Trade deficit declines by 7.9 pct in March
EconomyMacroeconomyand the value of ships, imports fell by 8 percent, while exports fell by 3.6 percent. Excluding the value... and the value of ships, aggregate imports and exports increased by 0.2 percent and 5.2 percent
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Trade deficit falls by 30.3 pct in April as Covid-19 restrictions hit trade
EconomyMacroeconomy. When stripping out the impact of oil products and the value of ships, imports fell by 22.9 percent, while exports fell by 10.5 percent. Excluding the value of oil products and ships, the trade... by 19.3 percent. Stripping out the impact of oil products and the value of ships, aggregate imports
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Trade deficit falls by 47.7 pct in May
EconomyMacroeconomyand the value of ships, imports fell by 26.3 percent, while exports fell by 12.7 percent. Excluding the value of oil products and ships, the trade deficit fell by 42 percent YoY in May. The aggregate... and the value of ships, aggregate imports decreased by 9.7 percent and exports decreased by 1.5
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Banks step up securitisation drive following pandemic interruption
EconomyBankingfor a combined value of 10.8 billion euros, slightly narrower in scope from the initial 12 billion..., with an average value of 90,000 euros - 67 pct are denounced and they have an average duration of 20 years. Piraeus also has in progress a larger securitisation called Vega, which is for a value of 5 billion
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Trade deficit falls by 10.3 pct in June
EconomyMacroeconomyand the value of ships, imports rose by 1.5 percent, while exports rose by 6.8 percent. Excluding the value of oil products and ships, the trade deficit fell by 5.6 percent YoY in June. The aggregate figure... and the value of ships, aggregate imports decreased by 9.9 percent and exports decreased by 2.5 percent
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Trade deficit falls by 17.1 pct in July
EconomyMacroeconomydropped by 23.9 percent during the month. When stripping out the impact of oil products and the value of ships, imports fell by 3.2 percent, while exports rose by 8.5 percent. Excluding the value of oil... and the value of ships, aggregate imports decreased by 6.9 percent and exports increased by 1.2 percent
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesof 2007, declining to 172,000 by 2013. Homes in cities lost more than 40 percent of their value over... rentals in the travel industry is very much up in the air. After Airbnb lost more than half of its value... of short-term rentals have long argued that they were mechanisms for “quick value extraction
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Trade deficit falls by 27.1 pct in August
EconomyMacroeconomydropped by 22.2 percent during the month. When stripping out the impact of oil products and the value of ships, imports fell by 1.7 percent, while exports fell by 5.1 percent. Excluding the value of oil... and the value of ships, aggregate imports decreased by 6.1 percent and exports increased by 0.8 percent
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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBankingon the Phoenix and Vega NPE securitisations via the Hercules scheme, which have a total gross book value of 7... price (calculated at 6.00 euros currently). The tangible book value will rise by 2 billion euros... returns to our investors and adding value to our people and the community,” he concluded.
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Alpha Bank enters agreement with Davidson Kempner for 10.8 bln Galaxy securitisation
EconomyBanking, though it does specify that the agreement puts the whole enterprise value of New CEPAL, the company formed by the transaction, at 267 million euros. That would put the sale's value at 213.6 million euros. The enterprise value includes a contingent element of 17 million euros if the deal
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