Search
-
PM unveils 1.1-billion-euro anti-inflation package to opposition scepticism
PoliticsGreek PoliticsMitsotakis of being too timid and missing the mark. An additional 1.1 billion euros in targeted benefits... households will get a discount of 22 cents a litre for a total 180 litres of petrol over the next three... will total 324 million, while the transport fuel discounts are expected to add up to 130 million. Mitsotakis
5% -
Newsletter 336 - 06/05/2022
ordinary budget impact. Greece commits to a primary surplus of 1.1 pct of GDP for 2023 and then up... oversubscribed by five times and received total offers of 15 billion euros, for a final re-offer yield..., which is roughly 40 pct of the total planned strategy of 12 billion euros.MacroeconomyCharts
5% -
Current account deficit deepens in Mar, reaching 6.45 bln for Q1
EconomyMacroeconomyof 1.1 billion euros. According to the BoG, performance in March was led by a deterioration... billion euros, compared to a deficit of 2.16 billion euros in the same month last year. Total imports came to 6.98 billion euros, from 5.46 billion last year. At the same time, total exports came
5% -
Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
EconomyMacroeconomyGreece posted a current account (C/A) surplus of 1.1 billion euros in July, from a deficit of 722.9... billion euros, compared to a deficit of 2.23 billion euros in the same month last year. Total imports came to 7.98 billion euros, from 5.7 billion last year. At the same time, total exports came
5% -
Current account surplus drops in Aug, as 8M deficit jumps by 73 pct to over 10 bln
EconomyMacroeconomyGreece posted a current account (C/A) surplus of 449.1 million euros in August, from 1.1 billion... in the same month last year. Total imports came to 7.72 billion euros, from 5.19 billion last year. At the same time, total exports came to 4.71 billion euros, from 2.77 billion in August 2021
5% -
Balance sheet clean-up spurs Piraeus to net profit of 899mln, 1.22bln NII in 2022
EconomyBanking. The bank notes 400 million euros of bad loans inflows, 1.1 billion euros of outflows and 1.6 billion euros... normalised trading income was 72 million euros, from 19 million in 2021. Total operating expenses... was 11.5 percent, while the total capital ratio was at 16.4 percent. The respective ratios at the end
5% -
OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
EconomyMacroeconomypct, from 1.1 pct in the January estimate. Next year’s estimate is moderately revised down to 1.6 pct... rate as total support in 2023 is not expected to exceed 1 pct of GDP, as energy prices have... moderate growth of 2.4 pct, from 9.3 pct in 2022. Total domestic demand will only rise by 0.9 pct
5% -
Newsletter 384 - 09/06/2023
peak of 4.15 billion euros in Q4 2022. This anomaly pushed up the total capital formation to levels... QoQ, though it grew by 2.1 pct YoY. In the previous quarter, GDP had grown by 1.1 pct QoQ and 4.8... by 20.7 pct, bringing the total to 9.29 billion euros. Imports dropped by 1.9 pct, while exports increased
5% -
Newsletter 415 - 08/03/2024
dealt a serious blow to the economy. The QoQ movement in Q1 was unchanged, it was up by 1.1 pct in Q2... grew by 3.7 pct thanks to a solid tourism season that favoured exports of services, to a total..., taking the total for 2023 to 13.4 pct, from 11.9 pct in 2022. The market has grown each year since
5% -
Alpha NII rises 6 pct YoY to 829 mln, commissions income up 14 pct
EconomyBanking. Eurosystem funding remained unchanged at 4 billion euros, after a total of 9 billion euros repayments... percent, from 13.4 percent a year ago. The bank’s Total Capital Ratio stood at 19 percent, from 17.7... of 2023 profits. The bank has also communicated its intention to distribute to shareholders 1.1 billion
5%