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Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
EconomyMacroeconomy(ELSTAT) figures showed on Thursday. The jobless rate has declined by 3 percentage points (pps) from... in Q1, staying below the 1 million mark for an eighth consecutive quarter. The figure for those... unemployed (over 1 year) fell by 41,100 in Q1 compared to Q4 and came to 525,300. Out of the total, long
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Overall loan interest rate drops to 4.23 pct in May
EconomyMacroeconomyby 1 bps month-on-month to 3.72 percentage points. The average interest rate on consumer loans without... proprietors fell by 3 bps to 6.81 percent. Corporate loans with a defined maturity at a floating rate... percent. The average interest rate on overnight deposits placed by households edged up by 1 bps
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OECD forecasts unemployment increase into 2021
EconomyFeaturesthe single hit scenario, Greece’s employment growth is set to fall by 3.5 percent this year and by 1... that unemployment is set to rise under three scenarios presented. Scenario 1 anticipates a GDP.... Scenario 2 sees GDP falling by 8 percent, leading to job losses of 153,000 while scenario 3, which
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IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
EconomyMacroeconomyto its longer-term view of the Greek economy of growth 1 pct. Unemployment is seen rising just short... to 9 pct of GDP this year and recover to 3 pct in 2021, towards a more stable path in the 2022 to 2025 with a deficit of 1 to 15 pct of GDP. The primary deficit will reach 6 pct of GDP this year
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Newsletter 269 -16/10/2020
1 pct. Unemployment is seen rising just short of 20 pct, from 17.3 pct in 2019, and partially..., the general government balance will skyrocket to 9 pct of GDP this year and recover to 3 pct in 2021, towards a more stable path in the 2022 to 2025 with a deficit of 1 to 15 pct of GDP. The primary
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It's the hope that kills you
Agoraon June 1 was five and by the start of July it was 17. In mid-July, when the tourism season was declared fully open, the daily cases moving average was just 41. The total number of deaths by June 1... the tourism season. Based on the latest available data and estimates, travel receipts will barely exceed 3
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Alpha Bank Q3 results reflect net profits of 43.8 mln
EconomyBankingand bancassurance. Recurring operating expenses for the group continued to fall by 3 percent YoY... to trend lower as the bank anticipates to benefit from a -1 percent interest rate, assuming fulfilment... (LCR) increased to 118.3 percent. Capital At the end of September, the Common Equity Tier 1 (CET1
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Structural considerations for a prosperous Greece
Agoraof this century to approximately 8.1 million people. This decline by 3 million (!) people... a year (all of it net immigration[1]) and France with population growth of +0.12 percent a year (France... direction at once. [1] The Dutch results have been updated on December 16, 2020 by the Netherlands Central
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Alpha Bank announces 800 mln share capital increase; Q1 net loss of 282.2 mln
EconomyBankingin Q1, up by 3 percent QoQ, boosted by the effects of TLTRO III borrowing. Net fee and commission.... Balance Sheet At the end of March, Eurosystem funding increased by 1 billion euros QoQ to 12.9... Equity Tier 1 (CET1) ratio stood at 16 percent, a drop of 125 basis points from the previous quarter
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Newsletter 298 - 28/05/2021
June 1, there will be no more protection for main homes, leaving homeowners who have run into debt... rose by 3 percent YoY in Q1 to 218 million euros, while the lender booked 131 million euros in loan... sentiment (ESI) rose sharply in May by 10.7 points to 108.6 points, following a 1 point month-on-month rise
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