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  1. Newsletter 229 -22/11/2019

    Newsletters

    fiscal targets of 3.5 percent of GDP up to 2022 and averaging 2.2 percent after that. It also envisages... the first ten months of the year, total expenditure came to 42.46 billion, landing below target..., which took the overall travel balance to 14.03 billion, equal to a rise of 12.2 percent YoY. In total

    6%
  2. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    to 44.4 percent. Total coverage stands at 101.3 percent. NPL balances in Greece declined by 1.6 billion... ratio stood at 64 percent, while total coverage including collateral came to 117 percent. Eurobank’s... 2019. Total provisions account for 60.6 percent of NPEs, up by 610 bps YoY, taking into account

    6%
  3. Newsletter 300 - 11/06/2021

    Newsletters

    sentiment in the Greek sovereign debt market by issuing a total of 11.5 billion euros in the first half... euros, bringing the total size of the issue to 6 billion euros, the largest single security of the Greek... by mid-day with total offers that exceeded 30 billion euros, a 12x oversubscription that is the largest

    6%
  4. A closer look at Greece's revised proposals to lenders

    EconomyProgramme

    (versus targets) of 1.1 percent for 2015 and 1.9 percent for 2016 emerged. For this shortfall to be covered, the government proposed thirteen “parametric” measures worth 2 billion euros for 2015 (1.1... to a total number of 35,000 VLTS that are expected to be installed in the second half of the year. 3

    6%
  5. Newsletter 86 - 26/08/2016

    Newsletters

    to 524,500. Meanwhile the average working month slipped 1.1 percent to 21.59 days in 2015, while... year, more than 1.1 million Greeks were living in low-work intensity homes, where working-age... in 2015. Total personal trips came to over 7.7 million in 2009, but this figure plummeted to 4.3

    6%
  6. Newsletter 89 - 23/09/2016

    Newsletters

    continues to outperform Government to table bill on prior actions The primary surplus eased 1.1... in a reduction in the travel surplus of 6.3 percent to 5.6 billion. Foreign arrivals edged up 1.1... of the total index. The turnover for both the domestic and non-domestic markets displayed similar trends

    6%
  7. Newsletter 90 - 30/09/2016

    Newsletters

    is a crucial month for revenue collection, since individuals are due to pay a total of more than 1.8... dropped by 1.1 points to 91.4, while consumer confidence improved by 4.3 points to -65.9. Three... slips Greece’s economic sentiment (ESI) fell by 1.1 points in September after improving

    6%
  8. Newsletter 102 - 13/01/2017

    Newsletters

    to a decline in the number of jobless by 8,200 month-on-month to 1.1 million, while the number of employed... Commission and OECD estimates point to a higher increase of 1.1 percent. Tobacco, housing and hotels, cafes..., mining and quarrying production dropped by 7.9 percent, but it makes up only a fraction of the total

    6%
  9. Newsletter 110 - 10/03/2017

    Newsletters

    posted a marginal growth QoQ. The provisional estimates also showed that GDP fell by 1.1 percent year... that for unemployed fell for the fourth consecutive month by 2,300 to 1.1 million. Over the last twelve months... 2001. The breakdown showed hirings stood at 138,242 in February and outpaced a total of 113,304

    6%
  10. Draft budget sees stronger growth, fiscal targets being met
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    from the Medium Term Fiscal Strategy (MTFS), led by 1.1 percent growth in private consumption and a 1...) is estimated to increase by 1.1 percent, following a 1.2 percent rise in 2017. Fiscal estimates.... On arrears, the draft budget a total of 3.5 billion euros from programme financing in 2016 was transferred

    6%