Search
-
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% -
Employment and wage data explains why Greeks struggle to see growth dividends
Agoramarket faces challenges, particularly for women and youth. Despite a 1.1 pps increase... in total - earn up to 800 euros. Some 23 pct of workers are earning between 800 and 1,000 euros... of the total. At the same time, high value-added jobs with high skills like technology stand at just 3.4
5% -
Fiscal data impressive but details suggest caution still required
EconomyMacroeconomysurplus of 11.4 billion euros, or 4.8 pct of GDP, while the general government budget was in a total... the central government, local governments, and social security funds, all of which were in total surplus... and social security funds at 1.1 billion euros. Greece’s fiscal picture has been consistently improving
5% -
Imports soar by 7 pct in March as exports rise for first time since Sept
Economy, the 12-month trailing index points to a 3.3 and 2.2 percent drop in imports and exports respectively... the respective total exports figure down 5.9 percent. The change in imports excluding oil products... quarter of 2014. Total imports fell by 4.9 percent in 2013, while exports eased marginally by 0.2 percent
5% -
Greek central government debt inches down to 320.42 bln in Q1
Economywith FSM loans at 211.86 billion, corresponding to 66.1 percent of total, long term bonds at 74.48 billion (23.2 percent of total) and T-Bills at 14.99 billion (4.7 percent). Disbursements from... (OSE) (6.06 billion) and Attiko Metro (2.2 billion) and 1 billion to extra budgetary funds
5% -
How Greek banks moved into a new era
Agora. They successfully raised a total of 8.31 billion (Alpha 1.2 billion, Eurobank 2.86, National 2.5..., the four banks had accumulated LLRs of 43 billion corresponding to 16.6 percent of the total loan book... in Alpha and Piraeus currently stand at 2.2 billion and 400 million respectively. The banks’ stock
5% -
Snap elections in Greece bring state's liquidity constraints into focus
Economy. These mainly comprise of interest payments (2.2 billion) and IMF repayments estimated at 1.6 billion. On top... as an additional amount of nearly 2 billion expected from SMP profits. These total 7.3 billion euros. Under... include: a) Short-term borrowing from general government bodies, which total 9 billion. However, 7
5%