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  1. Unemployment rate at 20.9 pct in November, slight upward revision for October
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    , with the total for those employed standing at 3.8 million. On a year-on-year basis, the figure... against the previous year, and is the fourth consecutive month since October 2011 where the total... and 17.3 percent, respectively. Unemployment for those aged 45-54 fell by 2.2 pp to 16.6 percent

    5%
  2. Newsletter 155 -16/03/2018

    Newsletters

    . The issue before that had a much milder borrowing cost of 2.2 percent. The new issue falls also under... for the month showed that ELA funding made up around 59.9 percent of the total liquidity. The BoG figures also revealed that banknotes in circulation fell by 1.31 billion to 34.56 billion, the lowest total

    5%
  3. Greek hourly labour costs less than half of eurozone average
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    and the highest in Denmark at 42.50 euros. Compared to 2016, labour costs in Greece rose by 2.2 percent against an EU average rise of 2.3 percent. As a percent of the total, non-wage costs make up 25.7 percent of the total labour costs for Greece, slightly above the EU average of 24 percent. Although

    5%
  4. GDP up by 2.3 pct year-on-year in Q1 on strong export growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    consumption represents the majority of GDP, making up 88.1 percent of the total figure in Q1... represents almost 21 percent of the total. The latest MoF budget tabled at the end of 2018 estimates... conservative at 2.2 percent.

    5%
  5. Primary surplus confirmed at 6.44 bln in October on revised budget targets
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion, while VAT revenues also rose by 2.2 percent to 13.62 billion. On a monthly basis, indirect taxes... exactly on target. Of the total revenues, 1.49 billion were EU funded while 198 million were from... the target by 1.32 billion. Out of the total PIB expenditure, 1.66 billion came from co-funded sources while

    5%
  6. Budget primary surplus at 7.61 bln in November as expenditure curtailed
    Photo by MacroPolis

    EconomyMacroeconomy

    beat its target by 3.55 billion euros. Revenues Monthly gross revenues rose by 2.2 percent YoY... euros. Of the total revenues, 1.50 billion were EU funded while 360 million were from the government... by 1.55 billion. Out of the total PIB expenditure, 1.94 billion came from co-funded sources while 552

    5%
  7. Unemployment rate at 18.5 pct in Nov as jobless drop below 900,000
    Photo by MacroPolis

    EconomyMacroeconomy

    , the figure for those employed increased by 138,566 or a rise of 3.7 percent. Total employment.... The unemployment rate among women fell by 2.2 percentage points (pps) year-on-year and came to 23.7 percent... departures. Compared to December 2017, there were 9,345 more departures than hirings. Total hirings came

    5%
  8. Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
    Photo by MacroPolis

    EconomyBanking

    , with the NPE coverage ratio standing at 47 percent for the group. The bank listed a total of 4.7 billion euros... period a year ago, NPLs have declined by 2.2 billion euros. By segment, NPL formation in the wholesale... platform. A total of 401 auctions were carried out in Q1, with a success rate of 32 percent. P&L

    5%
  9. Newsletter 213 -07/01/2019

    Newsletters

    . Over the coming years, BoG sees growth of 1.9 percent this year, 2.1 percent next year and 2.2... employment in December came to just under 70 percent of the total for those insured with Greece's... representing roughly 30 percent of the total, this is equal to almost one in three workers

    5%
  10. Newsletter 221 -27/09/2019

    Newsletters

    with the European Commission’s current estimate of 2.2 percent growth, and 2.1 percent for this year... to 172,900. Finally, visitors from Russia fell by 15.2 percent to 106,400. In total, arrivals from the EU.... Deposits rise by 1.02 bln in August Total deposits come to 151.84 billion Net deposit movement

    5%