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Govt on alert for possible fallout from tapering of pandemic relief measures
PoliticsGreek Politicsobligations. The repayment period will reportedly stretch up to 72 months. In total, more than 40 billion... and business deposits by 10 billion, a total of 22.5 billion. This is a 14 pct rise since January 2020... years from the tax advance refunds they received since last year at somewhere between 4.2 and 5
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Piraeus records loss of 3.09 bln as aggressive NPE reduction carries impairments
EconomyBanking) to 279 million euros, while total operating expenses stood at 719 million, a rise of 5 percent YoY... in Q2. Tier 1 ratio was 11.7 pct and 13.2 pct pro forma. The total capital ratio was at 14.4 percent. The pro forma fully loaded CET1 and total capital ratio stood at 8.9 percent and 13.7 percent
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New pension legislation aims to speed up operations at overwhelmed EFKA fund
PoliticsGreek Politicsat 122,528, with a total cost of 316 million euros. According to the data from the Atlas information.... The number of total retirements in the economy will exceed 200,000 in 2021, with applications up to October having reached 170,000, already equalling the total figure of 2020. EFKA itself expects
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GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
EconomyMacroeconomystrict lockdown. The quarterly movements were led by growth across all components, with total..., and exports of goods up by 9.2 pct. Total imports also increased by 21.7 pct, thanks to a rise... of the total GDP in Q3, with private consumption representing 67 pct. Government spending increased by 5.7 pct
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Newsletter 345 - 08/07/2022
electricity bills, with a total fiscal cost of more than 700 million euros. This takes the total outlay on electricity bill subsidies since last September to 5 billion euros. The ongoing issue... higher than the 424.5 euros of the same period in 2019. Total arrivals up to April were 2.13 million
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Newsletter 375 - 24/03/2023
get put to the cause, to cover a total of 15.4 billion euros of funding needs. At the end of January... with a 10-year benchmark that fetched 3.5 billion euros with a yield of 4.279 pct, and total offers... spiked to 5 pct, with the 10-year benchmark currently trading near 4 pct, not having gone far above 4.5
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Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
EconomyMacroeconomysurplus doubling to nearly 5 billion euros, from 2.56 billion euros this year. Next year’s primary balance will come to 2.1 pct of GDP, from 1.1 pct this year. The total deficit will halve to 2.49... billion euros will be adjustment programmes loans. Total maturities next year will be 14.66 billion
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Time running out for Golden Visa as housing problems increase
Agorathan 40 pct of total investment in the same period. The debt crisis of 2010 hit the property market... pct of total investment in the same year. The length of the debt crisis, which did not allow Greece... properties being made available on short-term rental platforms like Airbnb, leading to a total shortage
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Labour market comes to rest, unemployment at 10.5 pct in Q4
EconomyMacroeconomy. A total of 488,667 were registered as unemployed in Q4, decreasing by 5 percent from the previous... to 248,200 people, representing 50.8 percent of the total unemployed. Alarmingly, the largest portion... of total, while the share of persons with temporary jobs was 10.7 percent, against 89.3 percent
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Slow pace at which RRF funds reaching firms a growing issue
Economyused up just short of 15 billion euros, from the total 36 billion euros envelope. The 14.9 billion... at a significantly slower pace. Out of the total of 7.6 billion euros in grants, just 3.45 billion euros has... to the BoG, the total applications for funding stand at 23.8 billion euros, while the signed
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