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Current account balance surplus of 874.4 mln in June shows significant yoy improvement
EconomyMacroeconomy. Total exports of goods in June came to 2.71 billion euros, against 2.94 billion in June last year, showing a fall of 7.7 percent. At the same time, total imports reached 4.29 billion euros, from 5.01... to a slowdown in export growth while imports continued to grow. Total exports of goods rose by 1.6 percent
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Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
EconomyMacroeconomy. In total, arrivals from the EU 28 countries fell by 2.2 percent YoY to 2.9 million. Those from euro... to 2.8 million. Arrivals from outside the EU showed an increase of 11 percent to 3 million. In total... figures showed that in 2018, international arrivals at Greek airports rose by 12.9 percent. In total
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IMF revises fiscal outlook, sees lower primary surpluses in coming years
EconomyMacroeconomya small surplus over the next three years before a total deficit of 0.5 percent in 2023 and 2024. The IMF... before falling from 2.6 to 2.3 percent of GDP between 2020 and 2023 and settling at 2 percent in 2024..., while it expects to run a total surplus of 0.1 percent next year. In cyclical terms, Greece continues
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomy, or 2.6 percent of GDP in 2020, which puts Greece on course for an overall budget surplus of close to 2..., with taxes making up 52.17 billion euros of the total. Taxes on goods and services will be higher... administration total 1.18 billion euros, with the lion’s share coming from lower taxes for corporations
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Government opts for modest tax relief, but who will benefit?
EconomyFeaturesjust starting out who will be taxed at a lower introductory rate. The total cost of adjusting... ranging between 2 percent and 10 percent, resulting in actual marginal rates between 31 and 55 percent... to roughly 40 percent of total declared incomes. Business Also included in the tax package is a reduction
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Greek banks eye positive market appetite for bad loan sales
EconomyBankingthe total from the current 24 billion down to 8 billion by the end of 2022. The NPE ratio... of 2 billion euros. According to the bank, the securitisation is due to take place imminently... a mixed portfolio, which carries a total gross book value of 12 billion euros. Up to 3.7 billion euros
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Unemployment continues decrease in Nov, falling to 16.5 pct
EconomyMacroeconomyor a rise of 2 percent. Total employment reached 3.91 million people. The data showed that there were... (-0.6 percent). The total inactive population now stands at 3.23 million. The unemployment rate.... Total hirings came to 200,243 versus 203,909 departures. Around 65 percent of all departures were
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Newsletter 248 -24/04/2020
of total employment, adding extra value of 1.1 billion. A digital reboot of this size would boost... 367.10 euros for the same period last year. In total, arrivals showed an increase of 21.8 percent... to change in the months ahead. 2 Current account shows deficit of 1.14 bln Deficit in February has
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Govt, experts sound alarm over risk of Covid-19 control being lost
PoliticsGreek Politicsnow stand at 4,855 and deaths total 209 since the beginning of the pandemic, while 13 patients... number of infections. Around 24 percent of positive tests between July 31 and August 2 were from... to rule out a return to a total lockdown. Receiving the Chief Minister of the German state of North
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Eurobank net results show profit of 176 mln in H1
EconomyBankingnow stands at 15.3 percent in H1 compared to 32.8 percent in H1 2019. Total provisions account... III programme. Greek deposits decreased by around 200 million QoQ to 32.7 billion, with total... billion compared to the end of 2019. Total loans reached 38.1 billion in H1 or 40.6 billion pro-forma
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