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Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
EconomyMacroeconomyaround 68.1 percent of the total withdrawn liquidity. The collateral pledged with BoG and the ECB.... As a result, central bank funding landed at 45.30 billion euros at the end of August, which
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Disposable income grows by 0.2 pct in Q2 on higher remuneration, consumption rises
EconomyMacroeconomythat employees’ total remuneration grew by 2.5 percent, rising on the previous quarter’s marginal... revealed on Friday. The absolute figure landed at 29.28 billion euros and largely reflects an increase
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingfor two NPE disposal transactions, one for business and one for consumer loans, of a total NPE on balance... and landed at 22.1 billion, driven mostly by business loans, followed by mortgages and consumer
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingLiquidity Assistance (ELA) funding has been reduced by a total of 4.1 billion since Q2 to 7.3 billion... by around 200 million euros QoQ in Q3, from 505 million in Q2, and landed at 26.8 billion, beating
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Business balance positive in 2017, small companies continue to dominate
EconomyFeaturespercent. A total of 17,590 such businesses were opened in 2017 while almost as many (17,430), were... 2017’s balance of company formation landed in strongly positive territory, it points to a continued
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Primary cash balance falls to deficit of 877 mln in Dec, expenditure rises
EconomyMacroeconomyeuros to come to a total of 6.27 billion on an aggregate basis. The deficit in the Public Investment...Greece’s central government primary cash balance landed at a deficit of 877 million euros for the full year up to December 2017, compared to a surplus of 1.95 billion euros for 2016, Bank of Greece
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Disposable income grows by 0.8 pct in Q3, up from previous quarter
EconomyMacroeconomyof austerity measures including job and salary cuts. The figures showed that employees’ total remuneration grew.... The absolute figure landed at 29.39 billion euros and largely reflects a rise in social
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Budget primary surplus at 2.75 bln in Feb on increased revenues, lower expenditure
EconomyMacroeconomybillion, landing exactly on target. In total, a 6.3 percent fall in expenditure was noted, coming... showed that primary expenditure landed at almost exactly the same amount as a year ago, coming
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Budget primary surplus confirmed at 2.75 bln in February
EconomyMacroeconomy. In total, a 6.3 percent fall in expenditure was noted, coming to 7.25 billion or 112 million lower... landed at almost exactly the same amount as a year ago, coming to 6.04 billion and staying below target
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Disposable income grows by 0.4 pct in Q4, final consumption shrinks by 0.6 pct
EconomyMacroeconomy, which combined to cause a 27 percent decline in GDP. The figures showed that employees’ total... released on Friday. The absolute figure landed at 29.50 billion euros and largely reflects a rise
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