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Eurosystem funding decline picks up pace to 3.26 bln in April
EconomyMacroeconomyfunding to 21.59 billion euros for the month, down from the total of 24.84 billion noted in March... the majority of total liquidity, at 52.7 percent. In April, the collateral pledged with the BoG fell..., the lowest total since December 2014. Banknotes in circulation have continued to decline across the last
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Deposits stay positive with 870.1 mln inflow in April
EconomyMacroeconomyby 410.3 million during the period. The total balance for the aggregate period last year showed... aggregate figure since December 2015. Total deposits, which also include the general government (gg... brought central bank funding to 21.59 billion euros for the month, down from the total of 24.84
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingof the total loan portfolio last December. Write-offs have so far been the main tool in reducing... to a total of 1 billion which the bank aims to sell by October 2018. Towards the end of 2018..., totalling roughly 1 billion euros, which are collateralised. This would bring the total sales of NPLs
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Eurobank net profits at 34.5 mln in Q1
EconomyBanking). The target for NPE stock across the rest of the year is for the total to stand at 15.6 billion... not been serviced for around 5 years, coming to a total of 1 billion which the bank aims to sell... activities and capital markets. Net fee and commission income accounted for 45 basis points of total assets
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Unemployment at 20.1 percent in March
EconomyMacroeconomy, the figure for those employed has risen by 74,890. Total employment remained above 3.7 million... in accommodation and catering. Full-time hirings increased to 55.6 percent of the total, representing.... This took the total for 2017 to 21.5 percent, which is the lowest since 2011.
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Car sales up by 18.7 pct in May, motorcycle sales rise 16.3 pct
EconomyMacroeconomy, when the absolute figure stood at 16,826. Out of the total, passenger car sales rose by 21.6... of the total car sales during May. Over half of all passenger cars sold were registered in the Attica... cars. Of the total, 52,940 were new vehicles, representing an increase of 22.3 percent. Passenger car
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MTFS outlines ambitious economic and fiscal road for next four years
EconomyProgrammein public-sector pensions. Overall, total pensions reforms are expected to generate a cumulative..., to lower property tax and income tax brackets. The total in offsetting fiscal interventions comes... to this privatisation schedule in the coming years, it would bring total revenues from state assets sales
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Unemployment rate stable at 21.2 pct in Q1
EconomyMacroeconomyin those employed by 12,573, bringing the total for employed to 3.7 million. The absolute number... unemployed (over 1 year) declined for a fifth continuous quarter to 684,600. Out of the total, long-term... are concentrated in six economic sectors: wholesale and retail trade (18 percent of total
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Eurogroup agrees on significant debt relief measures for Greece
EconomyProgrammeof the EFSF loans, which total 131 billion euros. He had said the government would be pleased... privatisation proceeds from this year and 2019 are added, the total amount could surpass 20-21... is expected to be 4 billion euros in total over the next few years. In terms of long-term debt relief
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Newsletter 167 -22/06/2018
in total, covering Greece’s funding needs for the next 22 months. It is likely that Greece will use... in total over the next few years. In terms of long-term debt relief, the Eurogroup simply reaffirmed... euros against last year’s total of 16.94 billion. Compared to the same time last year, expenditure
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