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Banks focus on reducing NPLs linked to property
EconomyMacroeconomyportfolio consisted of around 4,700 properties worth roughly 600 million euros. A total of 101... estate on their books. The bank noted that in 2018, the total for recovered property on their books... for this year, the bank notes that it has a total of 3.9 billion euros-worth of transactions lined up
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Central govt debt falls for first time in six quarters, easing by 1.25 bln to 357.69 bln in Q1
EconomyMacroeconomyof total loans accounting for 70.6 percent. The value of FSM loans came to 252.67 billion at the end... showed a decline and came to 19.48 billion, representing 5.4 percent of the total. The breakdown also... billion. The weighted average maturity of the total debt rose to 18.06 years in Q1 from 18.17 years
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Newsletter 208 -31/05/2019
on Sunday, less than 2 percent of the total, in a disappointing performance. This has raised questions... that don't make it into Parliament gain a total of around 8 percent of the vote and that six parties... highest overall fiscal performance with a total surplus at 1.1 percent of GDP, which confirm that Greece
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Newsletter 211 -21/06/2019
of total loans, down from 47.2 percent. Greek credit institutions also managed to eliminate... euros. During the first five months of the year, total expenditure came to 21.95 billion, landing..., there were 3,441 fewer hirings than firings in May 2019. Total hirings came to 323,524 versus
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Newsletter 215 -19/07/2019
of 7 billion euros, with the total this year reaching 7.5 billion. Greece’s debt managers note... according to the monthly Bank of Greece's (BoG) financial statement. The total for central bank... Central Bank (ECB) funding, bringing the total to 8.61 billion euros, while Emergency Liquidity
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Current account balance shows surplus of 300.6 mln in May
EconomyMacroeconomysurplus of 0.3 million for the same month in 2018. Total exports of goods in May came to 2.97 billion euros, against 2.86 billion in May last year. Total exports of goods grew by 3.7 percent in current prices. At the same time, total imports reached 5.27 billion euros, from 4.41 billion euros last year
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From a tsunami of debt to some sense of normality
AgoraManagement Agency (PDMA) had a provisional goal of issuing a total of just 7 billion euros of new debt... the total of maturing debt obligations, excluding the T-bills that are rolled over on maturity, at just 11.7 billion euros, which is just 3 percent of total outstanding debt and only 6 percent of GDP
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Building permits increase by 7.4 pct in May
EconomyMacroeconomyin May, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The total number... of the year, building permits edged down by 0.1 percent. Total permits in the aggregate period stood... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed
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Newsletter 218 -06/09/2019
consumption represents the majority of GDP, making up around 89 percent of the total figure in Q2... represents around 21 percent of the total. In its Medium Term Fiscal Strategy (MTFS) for 2020-2023... percent. Total employment reached 3.93 million people. The overall labour force came to 4.73 million
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Building permits increase by 4.7 pct in June
EconomyMacroeconomyin May, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The total number... months of the year, building permits rose by 1 percent. Total permits in the aggregate period stood... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed
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