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Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
EconomyMacroeconomyof Greece (BoG). The rise was driven largely by a 10 percent increase (+1.46 billion euros) in travel... receipts in 2018 came to 16.09 billion, an increase of 10 percent compared to the same period last... percent to 11.4 million. Visitors from the EU28 but not euro-denominated rose by 14.2 percent to 10
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Primary surplus confirmed at 1.44 mln in Mar
EconomyMacroeconomybillion euros. Primary expenditure came to 10 billion euros, falling below the target by 951 million... three months of the year showed that primary expenditure came to 10 billion. As mentioned earlier... target by 10 million and leading to a PIB surplus of 155 million. For the aggregate period, revenues
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Could Greece's immigration reforms have an impact on upcoming elections?
Societynationals. As recently as 2018, 9 in 10 naturalised Greek expats and second-generation immigrants granted citizenship were Albanian nationals, as were over 6 in 10 foreign nationals granted citizenship... of Greeks who view immigrants’ contribution positively has fallen from 19 percent to 10 percent
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Newsletter 214 -12/07/2019
to return it 86 MPs in the new parliament. Mitsotakis became Greece’s eighth prime minister in 10 years... for renegotiating the target. Parliament is due to close for less than two weeks from August 10 onwards. Once... by a fall of 13.1 percent in the electricity production index, followed by a 10 percent decline
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Newsletter 220 -20/09/2019
. According to Bloomberg, the plan foresees between 9 and 10 billion euros of state guarantees being used... in February, Czurda said that the NPE ratio would have to fall to below 10 percent in order for Greek... for working capital and 10 million to cover expenses related to the previous share capital increase
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October budget primary surplus confirmed at 5.74 bln
EconomyMacroeconomyThe budget primary balance recorded a surplus of 5.74 billion euros in the first 10 months of 2019... monthly primary balance’s surplus fell by 1.8 percent. The budget balance in the first 10 months... million euros (+1.7 percent) and property tax rose by 10 million (+0.5 percent). The three largest
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BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
EconomyBanking. The sensitivity analysis shows that a reduction of up to 10 percent of NPEs will increase the banks... to 17.5 percent, system wide. At the individual bank level, if the NPE stock is reduced by up to 10... of NPEs between 1 and 10 percent brings relief of 500 million to 5.2 billion euros to the balance sheet
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Learning the lessons of Greece's toxic decade
Agorain close to 10 billion euros in revenues from increased economic activity, and more than 4 billion... the second programme, called Independent Greeks (ANEL) managed to exceed 10 percent despite having... the new decade, which carries more promise for Greece than the last 10 years, with caution. *You can
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New businesses lowest in Greece versus EU with funding obstacles burdening enterprises
EconomyFeatures, outlined that two out of 10 companies have trouble financing their loans to a total of 29 billion euros. Six out of 10 businesses could potentially unlock up to 44 billion euros for investment... appetite remains subdued. Six out of 10 businesses reported that they were waiting for increases
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Greece braces for potential impact of coronavirus on key economic sectors
PoliticsGreek Politicsthat in the mildest case the sector could suffer a 10 percent hit. With tourism accounting for 10 percent... GDP, and a 10 percent reduction in revenues according to the conservative scenario could have
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