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Unemployment drops to 16.3 pct in December
EconomyMacroeconomywhile is equal to a rise of 1.4 percent. Total employment reached 3.90 million people. The data... 2018 (+0.5 percent). The total inactive population now stands at 3.25 million. The unemployment rate... fell by 2.2 pps. Regionally, the lowest unemployment rate continues to manifest in Crete where
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingfunding makes up the total current sum. QoQ, the bank reduced its ECB funding by 600 million euros... customer deposits rose by around 2.2 billion QoQ to 47.1 billion. On an annual basis, domestic deposits... CET1 ratio as of Q4 2019 was 14.8 percent and total capital ratio at 16.8 percent proforma
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Newsletter 246 -03/04/2020
security contributions for up to 2.4 million workers in total for 45 days. He added that the addition... another 1.4 billion. This means that the total cost of these measures for March and April will reach 5.1... pledged comes to a total of 6.8 billion euros, or around 3.5 percent of Greece’s annual GDP. Despite
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Current account shows deficit of 1.14 bln in February
EconomyMacroeconomyrose by 24.6 percent YoY. Travel payments came to 166.7 million, up by 1 percent. Total exports.... At the same time, total imports reached 4.32 billion euros, a rise of 1.3 percent YoY. On an aggregate... a deterioration in several underlying accounts. The goods balance deficit fell by 2.2 percent due
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingbillion euros combined in hospitality and real estate out of a total of 29.6 billion in loans for 2019. From the total, 14.7 billion euros were considered performing, of which 2.2 billion euros were... at a total of 24 billion euros, combining fiscal measures and guarantees, of which 7 billion have already
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Newsletter 297 - 21/05/2021
euros, out of a total of 1.46 billion euros. Property receipts envisaged the deposit of Hellinikon... fell by 119,643 people compared to December. Total employment was 3.76 million people. ELSTAT noted... in bonds following a flurry of new issuance during the quarter. There was also a 2.2 billion-euro increase
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December current account deficit at 1.71 bln, worst for eight years
EconomyMacroeconomy. Total imports came to 6.27 billion euros, from 4.33 billion last year. At the same time, total... a surplus of 64 million euros, from last year’s figure of 2.2 million euros. It is also improved from... year as it stands at 10.61 billion euros, from 10.96 billion euros in 2020. The total goods deficit
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Newsletter 375 - 24/03/2023
privatisation receipts are expected at 2 billion euros, and 2.2 billion euros of cash reserves will also 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
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Central debt records small rise to 401.53 bln in Q1
EconomyMacroeconomya drop of roughly 1 billion euros in bonds and a rise of 2.2 billion euros in loans related to a rise.... FSM loans continue to make up the bulk of the total, accounting for 58 percent. The value of FSM.... The weighted average maturity of the total debt fell marginally to 17.46 years in Q1, from 17.54 years
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Q1 unemployment rises to 12.1 pct due to seasonal causes
EconomyMacroeconomy. A total of 574,130 were registered as unemployed in Q1, increasing by 17.5 percent from... year) came to 298,700 people, representing 52 percent of the total unemployed. Alarmingly, the largest... as self-employed without employees (20.6 percent). Part-time employment was 7.9 percent of total, while
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