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Disposable income falls for second straight quarter, by 0.7 pct in Q2
EconomyMacroeconomystood at 29.72 billion euros in Q2, down 223 million on last year’s figure of 29.94 billion... with nominal GDP contraction of more than 26 percent. When broken down, the figures reveal employees... for public servants and pensioners were also abolished, dragging their income at further down. Social
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Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
EconomyMacroeconomy, the loan balance edged down further to 198.17 billion at the end of October. This is the lowest... flow at 227 million, leading the loan balance down to 13.14 billion at the end of October. Balance in loans to individuals and private non-profit institutions edged down by 163 million to 91.6 billion
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Newsletter 105 - 03/02/2017
the last few days that it may back down as part of a compromise with the institutions. Specifically... manufacturing index down in January The number of new companies registered in Greece in 2016 halved from 2008... conditions led the manufacturing PMI sharply down by 2.7 points to 46.6 in January, a Markit survey
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Newsletter 107 - 17/02/2017
, however, hopes that the fiscal data for last year will help bring down the volume of new measures... and down from 6.47 billion in the previous year. At the end of 2016, cumulative provisions stood... down again in November Month sees second highest reading in 2016 Aggregate figures for the period up
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Newsletter 116 - 28/04/2017
(Q1), down 42.6 percent on last year’s figure of 1.86 billion, according to the Finance Ministry.... The breakdown showed tax revenues edged down 0.5 percent to 9.52 billion in Q1, but beat the target... billion, 76 million above target. However, primary expenditure edged down 0.7 percent to 9.98
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Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
EconomyMacroeconomy, down by 9.4 percent from last year’s figure of 1.9 billion. The figure was 928 million euros above... edged down by 1.1 percent to 14.87 billion euros during the four-month period, beating the target by 534... by 1.3 percent in period and VAT rebounded by 3.4 percent, while consumption taxes edged down by 0.7
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Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBankingreported a positive bottom-line result of 76.3 million euros in the first half (H1) of the year, down... was further reduced by around 500 million QoQ to 22.1 billion. This largely pushed the NPE ratio down... down by 41 percent from the Q1 figure of 154 million. The NPL stock was reduced by almost 200 million
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Greek household expenditure falls by another 2.5 pct in 2016
Societyto 1,392.03 euros, down by 2 percent or 28.97 euros compared to 2015’s figure. The average expenditure per month per person came to 538.94 euros in 2016, down by 2 percent or 11.24 euros compared to 2015... percent) and miscellaneous goods and services (-5.4 percent). Breaking down the expenditure in food
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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBankingdown by sector, NPE formation fell into negative territory in Greece for all sectors except mortgages..., down by 190 bps QoQ, with the NPE coverage ratio standing at 44 percent and 45 percent, respectively. Non-performing loans (NPLs) came to 16.6 billion euros in Q4, down by 1.9 billion QoQ compared
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Travel balance records 127 mln surplus in Q1, much improved on last year
EconomyMacroeconomydown by 1.5 percent to 5.4 nights. Receipts Travel receipts in Q1 came to 554 million, as mentioned... from Russia fell by 34.1 percent to 9 million, while those from the USA were also down by 33.6 percent to 35 million. Reasons for travel Breaking revenues down by purpose of trip, the majority
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