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  1. Current account shows surplus of 886.6 bln in September, aggregate figure almost balanced
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of the other (excluding general government) sectors. Total exports in September came to 2.70... time, total imports reached 4.69 billion euros, from 4.63 billion euros last year, a rise of 1.1... billion. Total exports rose by 1.5 percent, while imports rose by 3.1 percent.The respective amounts

    16%
  2. NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
    Photo by MacroPolis

    EconomyBanking

    . The total Greek deposit yield stood at 37 bps in Q3, unchanged QoQ, while the loan yield came to 366 bps... Assistance. The total amount currently consists of TLTRO funding from the ECB, with the Bank enjoying... of agreed divestments, the CET1 ratio stands at 16.8 percent with the Total Capital ratio at 17.7 percent

    16%
  3. Eurobank net profits at 56.3 mln in Q3 from continued operations
    Image via www.eurobank.gr

    EconomyBanking

    around 700 million euros. In Q3, a total of 1,970 property auctions were noted with 27 percent..., with the total now representing only ECB liquidity. YoY, Eurosystem funding has fallen by 9.8 billion... the figure for total deposits to 42.3 billion euros in Q3. On an annual basis, deposits have increased by 4.7

    16%
  4. Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
    Finance Ministry

    EconomyMacroeconomy

    , with taxes making up 52.17 billion euros of the total. Taxes on goods and services will be higher... administration total 1.18 billion euros, with the lion’s share coming from lower taxes for corporations... by introducing 1.86 billion euros of total offsetting measures, driven by anticipated 557 million euros

    16%
  5. Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
    Image via www.piraeusbank.gr

    EconomyBanking

    in mid-July 2018, meaning ECB funding makes up the total current sum. QoQ, the bank reduced its ECB... as of Q3 2019 was 14.4 percent, while pro-forma total capital, including the Tier II issue, came to 15.3... strengthen the CET1 and total capital ratio at 15.1 percent and 16.0 percent respectively. Commenting

    16%
  6. Government opts for modest tax relief, but who will benefit?

    EconomyFeatures

    just starting out who will be taxed at a lower introductory rate. The total cost of adjusting... to roughly 40 percent of total declared incomes. Business Also included in the tax package is a reduction... percent in 2021. Tax on dividends has been halved from 10 percent to 5 percent, at a total cost of 75

    16%
  7. Unemployment edges down to 16.8 pct in September
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    by 61,895 or a rise of 1.6 percent. Total employment reached 3.91 million people. ELSTAT’s data... with September 2018 (-0.2 percent). The total inactive population now stands at 3.22 million. The unemployment... to the same month last year, there were 2,690 fewer people fired than hired. Total hirings came

    16%
  8. Unemployment drops to 16.4 pct in Q3
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    2011. This was combined with a QoQ rise of around 15,500 in those employed, bringing the total to 3.97... to 572,000. Out of the total, long-term unemployed constitute 73.6 percent in Q3. The latest quarter’s... percent of total), agriculture, forestry and fishing (11.3 percent), accommodation and food service

    16%
  9. Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    YoY. Total exports in October came to 2.77 billion euros, from 3.02 billion last year, a drop exceeding 8 percent. At the same time, total imports reached 4.82 billion euros, from 5.43 billion euros... billion, from 18.97 billion in the ten months of last year. Total exports rose to 27.04 billion, from

    16%
  10. Unemployment edges down to 16.6 pct in October
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    or a rise of 1.7 percent. Total employment reached 3.93 million people. ELSTAT’s data showed... (-0.4 percent). The total inactive population now stands at 3.21 million. The unemployment rate... month last year, there were 2,690 fewer people fired than hired. Total hirings came to 208,583 versus

    16%