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Newsletter 395 - 29/09/2023
for the offer of 1.9 euros/share, with the share price currently trading at 1.47 euros/share and its total... that the Greek state is facing essentially a total loss in the 10-billion-euro state outlay. Banks facing... as it did not participate in subsequent capital raises means that recovery rates from the divestment
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Unemployment rate remains lodged near 11 pct after no change in Aug
EconomyMacroeconomyjobless rates Greece has experienced since the end of 2009, as the country was approaching its first... by 30,190 people, with total employment staying above the four-million mark, at roughly 4.17... reached 296,624, improved by 26,433 more jobs year-on-year. Total hires were 1.92 million, against 1.63
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State braces for losses as bank divestment plan is put into action
EconomyBankingat 1.47 euros/share and its total market cap is roughly 5.4 billion euros. Its legal framework... is accepted by HFSF, it means that the Greek state is facing essentially a total loss..., means that recovery rates from the divestment process will pale against the scale of state resources
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Number of unemployed falls 18.2 pct in Sep, overall unemployment rate down to 10 pct
EconomyMacroeconomyjobless rates Greece has experienced since the end of 2009, when the country was approaching its... of employed people increased by 70,724 people, with total employment staying above and now distancing...-on-year. Total hires were 2.14 million, against 1.86 million departures.
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Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
EconomyMacroeconomypercent. These are the lowest jobless rates Greece has experienced since the second half of 2009, when... in May 2008. Year-on-year, the number of employed people increased by 145,353 people, with total... 280,798, improved by 43,573 jobs year-on-year. Total hires were 2.14 million, against 1.86 million
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What is driving the Greek housing market's recovery?
EconomyFeaturesbeen experiencing a correction due to high interest rates, but recommended protective measures... place appears to be shying away from housing, with total investment in the sector dropping from... be linked to the Golden Visa scheme. Over the same period, the total investment in housing
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Unemployment rate stays below 10 pct in Nov as inactive numbers rise
EconomyMacroeconomypercent. These are the lowest jobless rates Greece has experienced since the second half of 2009... in May 2008. Year-on-year, the number of employed people increased by 12,025 people, with total... jobs year-on-year. Total hires were 2.71 million, against 2.64 million departures.
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Unemployment falls to 9.2 pct in Dec amid big YoY drop in number of out-of-job workers
EconomyMacroeconomyjobless rates Greece has experienced since the second half of 2009, as the country was approaching its... of employed people increased by 102,064 people, with total employment staying well above the four..., the hiring balance reached 116,649, improved by 43,802 more jobs year-on-year. Total hires were 3.21
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Newsletter 415 - 08/03/2024
, as the momentum from the pandemic recovery started to ease, GDP recorded growth rates of 2 pct, 2.7 pct... grew by 3.7 pct thanks to a solid tourism season that favoured exports of services, to a total..., taking the total for 2023 to 13.4 pct, from 11.9 pct in 2022. The market has grown each year since
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First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
EconomyBanking. The transaction was heavily oversubscribed by 8x, roughly 3x in Greece and 9x abroad. The total stake.... This brings the total intakes from the divestment process to roughly 2.8 billion euros, which translated... increases and this led to the significant dilution of the state’s capital, leading to recovery rates from
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