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  1. Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
    Photo by MacroPolis

    EconomyBanking

    , bringing the total to 13 billion euros. The NPL ratio came to 29 percent from 33.1 percent in Q1 2018... estate portfolio, valued around 600 million euros. In Q1 2019, a total of 755 property auctions were... eliminated, with the total now representing only ECB liquidity. YoY, Eurosystem funding has fallen by 5.8

    3%
  2. Car sales rise by 15.2 pct in May and 9.7 pct in aggregate period
    Photo by MacroPolis

    EconomyMacroeconomy

    for the month came to 23,010 compared to 19,977 in May last year. Out of the total, passenger car sales rose... of the total car sales in May. Over two thirds of all passenger cars sold were registered in the Attica..., a total of 88,488 car sales were noted. Of the total, 56,026 were new vehicles, recording a rise

    3%
  3. Apartment prices up by 4 pct in Q1 for highest increase since 2007

    EconomyMacroeconomy

    Authority (ELSTAT) data showed. The total number of permits in February came to 955, improving from... increased by 21.8 percent. At 15,325 permits, the total for 2018 surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than the 2005 peak

    3%
  4. Building permits drop by 14.4 pct in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The total number of permits came to 1,156, rising above the 1,000-permit mark after two consecutive months.... At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than the 2005 peak. Much of the current building

    3%
  5. Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
    Photo by MacroPolis

    EconomyMacroeconomy

    since Q2 2018, when the total came to 906,000. This was combined with a QoQ fall of around 19,700 in those employed, bringing the total to 3.81 million. The largest increase in employment in Q1... unemployed (over 1 year) declined for a seventh consecutive quarter to 589,000. Out of the total, long

    3%
  6. Piraeus Bank issues Tier II bond to strong demand
    Image via www.piraeusbank.gr

    EconomyBanking

    euros on Wednesday. In total, bids of over 850 million euros were submitted. On its website, the bank... of increasing Piraeus Bank’s total capital ratio by around 90 bps. The issue has been rated Caa3 by Moody’s and CCC by S&P. Bids landed at over twice the asking amount, with a total of 135 investors

    3%
  7. Card usage gains traction with debit cards leading the way, BoG finds

    EconomyBanking

    to the latest data, the total number of active payment cards in circulation at the end of 2018 came to 17... that in 2018, a total of 924 million card transactions took place, an increase of 28 percent YoY... transactions as a total of all card transactions has been steadily decreasing since 2015 as debit

    3%
  8. Car sales rise by 4.9 pct in June and 8.8 pct in aggregate period
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the month came to 21,464 compared to 20,469 in June last year. Out of the total, passenger car... of the total car sales in June. Over two thirds of all passenger cars sold were registered... 2019, a total of 118,525 car sales were noted. Of the total, 70,006 were new vehicles, recording

    3%
  9. Building permits increase by 14.6 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    monthly headline interrupts four months of consecutive drops. The total number of permits came... and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than the 2005 peak. Much

    3%
  10. Newsletter 216 -26/07/2019

    Newsletters

    7.1 percent higher than for the same time last year. During the first six months of the year, total... to roughly 2.4 million visitors during the month. In total, arrivals from the EU 28 countries fell... a rise of 8 percent YoY. In total, arrivals edged down 0.9 percent in the first five months

    3%