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Athens plans to use cash buffer to create fiscal leeway for expansionary measures
EconomyProgrammemillion euros, while the impact of the measures in 2021 is estimated at a total of 1.22 billion euros, followed by 2.33 billion in 2022. This comes to a total of 5.5 billion euros over the next four... 1.9 billion euros, is added to this the total amount comes to almost 7.5 billion euros. According
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Unemployment for Feb comes to 18.5 pct
EconomyMacroeconomyemployed increased by 90,531 or a rise of 2.4 percent. Total employment reached 3.83 million people... compared with February 2018 (-1 percent). The total inactive population now stands at 3.25 million... hirings. Total hirings came to 202,157 versus 158,784 departures. Ergani noted that the balance
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Travel balance at 94.8 mln in Mar and 211.9 mln in three-month period
EconomyMacroeconomy, visitors from Russia rose by 151.7 percent to 11,300. In total, arrivals from the EU 28 countries fell... of 19.1 percent to 863,300. In total, arrivals rose by 7.8 percent in the first three months of the year... airports rose by 12.9 percent. In total, road and air arrivals for the year came to 33.2 million visitors
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Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingquarter of last year are priced higher than the total portfolio, stimulating the NII dynamics... wholesale funding cost impact following the total elimination of Emergency Liquidity Assistance (ELA... funding in mid-July 2018, meaning ECB funding makes up the total current sum. Management said
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankingentered into a strategic agreement with Intrum for the management of NPLs worth a total of 27... inflows, plus third party REOs. The agreement values the platform at 410 million euros. The total... by 86 million in Q1, marking a fourth consecutive quarter of declines, bringing the total to 13
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Unemployment drops to 18.1 pct in March
EconomyMacroeconomyfor those employed increased by 77,947 or a rise of 2.1 percent. Total employment reached 3.85... persons compared with March 2018 (-0.5 percent). The total inactive population now stands at 3.26... 10,649 more hirings. Total hirings came to 282,181 versus 171,286 departures. Just over 54.3 percent
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Regling underlines concerns about fiscal target after voter-friendly measures
EconomyProgrammebetween March and August 2018, which took the total of the third programme to 61.9 billion euros... the programme was agreed in 2015. Of the total funds allocated for the third programme, 7 billion euros... up to cushion it in the post-programme period. The ESM estimates the total cash resources of Greece
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Travel balance falls by 4.1 pct in April
EconomyMacroeconomypercent to 50,700. Finally, visitors from Russia fell by 15.1 percent to 11,800. In total, arrivals... outside the EU showed an increase of 12.7 percent to 1.2 million. In total, arrivals rose by a slight 0.5..., international arrivals at Greek airports rose by 12.9 percent. In total, road and air arrivals
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Greek banks maintain focus on key areas as elections approach
EconomyBankingeuros earlier in June and attracted bids of over 850 million euros, with a total of 135 investors... in the international debt capital markets with the aim of increasing Piraeus Bank’s total capital... worth a total of 27 billion euro via a special purpose vehicle. Intrum and Piraeus agreed to form
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Unemployment falls to 17.6 pct in April, dipping under 18 pct for first time since Jul 2011
EconomyMacroeconomyincreased by 74,993 or a rise of 2 percent. Total employment reached 3.89 million people. ELSTAT’s...). The total inactive population now stands at 3.22 million. The unemployment rate among women fell by 2.7..., there were 2,213 fewer hirings than departures. Total hirings came to 289,489 versus 258,082 departures
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