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Wages index up by 5.8 pct YoY in Q1 2021, rises by 1 pct QoQ
EconomyMacroeconomycame to a YoY an increase of 0.7 percent. On a quarterly basis, the index rose by 1 percent quarter
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June CPI rises by 1 pct YoY
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 1 percent year-on-year (YoY) in June, after a marginal rise of 0.1 percent in May, according to the latest data by Hellenic Statistical Authority (ELSTAT) released on Friday. The average CPI for the rolling 12 months fell by 1.3 percent. Month
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EC cuts 2023 growth forecast by more than half to 1 pct
EconomyMacroeconomyof traveler origin. The economy next year is seen growing by just 1 pct, from 2.4 pct in the summer
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Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
EconomyBankingpercent in H1. Capital The Common Equity Tier 1 (CET1) ratio came to 16.3 percent in H1. The fully
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Producer prices drop 1 pct in Apr, in contraction for over one year
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in April, dropping by 1 percent year-on-year (YoY), after falling by 0.1 percent in March, ELSTAT data showed on Thursday. The index has been in contraction since March last year, although some of the base effects from the inflation peak
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Eurobank net profits exceed 1 bln up to Sep, commissions jump 24 pct YoY to 557.2 mln
EconomyBankingThe Common Equity Tier 1 (CET1) fully loaded was 15.5 percent, while the capital adequacy ratio was 18.9
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NBG net profit nears 1 bln up to Sep, commision income rises 7.6 pct to 336 mln
EconomyBankingstands at 41 basis points. Asset quality NPEs stayed below 1 billion euros in 9M, with the ratio at 2.5
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammefor the signing of the MoU and 3 relate to the repeal of roll-backs on previous programme legislative... to the banking sector to “safeguard financial stability” include: 1) Finalisation of a comprehensive...) 3) Amendments to the household insolvency law mainly related to tightening the eligibility criteria
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Greece - Some structural macroeconomic arithmetic
Agoragrowth. Consider Table 1 below, which presents recent growth outlooks for Greece by the Ministry... suggests that trend output growth sits around 1¼ percent a year. The OECD seems to be below 2 percent... are average workers in the economy becoming more efficient to make up for fewer in number.[1
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The key points from lenders' proposals to Greece
EconomyProgrammeprimary surplus targets of 1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5... corresponding to 3 billion euros for 2015. The first key measure involves reforming VAT... that the VAT reform targets a revenue increase by 1 percent of GDP or 1.8 billion on an annual basis
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