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Newsletter 289 - 19/03/2021
– and there were another 45 deaths, taking the total to almost 7,300. The pressure on the public... and 5 pct for hedge funds in the 10-year issue in January. The UK led the geographical allocation... people. Year-on-year, the figure for those employed fell by 36,853 (-0.9 percent). Total employment
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Amid promising signs for tourism, govt hedges its bets with targeted support
PoliticsGreek Politics, the government announced that it would be making available a total of 420 million euros in grants to tourism... claim 5 pct of turnover, and other tourism businesses 2.5 pct, up to a ceiling of 400,000 euros each, tax-free. Out of the total, 350 million euros will be allocated to SMEs, 50 million to large hotels
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Labour compensation and productivity in the EU-27 and Greece
AgoraBlog 5 addressed the conundrum that in Greece the pace of hiring in the public sector exceeds... the government “produces” in total. It can thus be that if the government decides to give all civil servants..., and imports. All three measures of nominal and real GDP--supply, demand, and income--are equal in total
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More lost ground made up in Aug as travel surplus nears 3 bln
EconomyMacroeconomythan doubling on last year’s figure. Visitors from the UK came to about 455,300. In total, arrivals... by more than 5 billion euros from the 2019 figure. Average expenditure per trip rose by 31 percent.... In total, arrivals showed a rise of 79 percent in the first eight months of the year and came to around
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NBG profits up to 714 mln in 9M as NPE ratio is reduced further
EconomyBankingby the end of 2022. P&L Net interest income (ΝΙΙ) rose 5 percent YoY to 897 million, also rising... pct, a 70 bps improvement from the end of 2020 that reflected improved profitability. The total... to 17.8 pct and the total capital ratio to 19 pct.
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Unemployment drops to 13 pct in Q3, lowest since 2010, as employed exceed 4 mln
EconomyMacroeconomypercent. A total of 615,390 were registered as unemployed in Q3, dropping sharply by 16 percent compared... 1 year) came to 408,700 people, representing 66.4 percent of the total unemployed. Alarmingly...-on-year, employees increased by 5 percent. Self-employed with employees were up by 7.2 percent
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Employment balance negative by 25,804 in Jan as pandemic support is wound down
EconomyMacroeconomyof teachers as the school year gets underway. Total hirings in January came to 137,983 versus 163,787 departures. Voluntary departures accounted for roughly 44 percent of the total, with the remaining... and shift work made up 34 percent and 5 percent of hirings, respectively. In January, hirings were
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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economyto 3.4 pct in 2022, from 5 pct previously. EU resources via the RRF will have a key role to play... is expected this year, from the total of roughly 18 billion euros in grants and 13 billion euros... have managed to drop the NPE ratio down to 13 pct of the total stock of last year’s loans
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Newsletter 336 - 06/05/2022
under 5 billion euros in offers. The absence of the favourable terms in the markets enjoyed recently... 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
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Current account deficit deepens in Mar, reaching 6.45 bln for Q1
EconomyMacroeconomybillion 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... billion euros, up from 5 billion euros in 2021. The oil deficit has increased almost four times, from
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