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  1. Unemployment edges down to 16.9 pct, below 17 pct for first time since 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    . Year-on-year, the figure for those employed increased by 59,599 or a rise of 1.5 percent. Total... percent). The total inactive population now stands at 3.22 million. The unemployment rate among women... month last year, the hirings balance was 3,905 lower this September. Total hirings came to 308,121

    11%

  2. IMF revises fiscal outlook, sees lower primary surpluses in coming years
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    a small surplus over the next three years before a total deficit of 0.5 percent in 2023 and 2024. The IMF..., while it expects to run a total surplus of 0.1 percent next year. In cyclical terms, Greece continues to run a total surplus of 1.7 percent this year and 0.1 percent in 2020, before turning to a deficit

    11%

  3. Curr​ent account balance shows surplus of 1.87 bln in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    higher net payments of the other (excluding general government) sectors. Total exports in August.... At the same time, total imports reached 4.20 billion euros, from 4.46 billion euros last year, a drop.... Total exports rose by 1.1 percent, while imports rose by 3.4 percent.The respective amounts came

    11%

  4. ELSTAT confirms third consecutive year or fiscal surplus in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for public investments. According to the data in the second notification, in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third consecutive total surplus... notification and the first one that was published in April this year. The total surplus is lower by 0.1

    11%

  5. Govt proposes property VAT reduction to kickstart home sales

    EconomyFeatures

    slow. In the first seven months of this year, building permits rose by 4.5 percent. Total permits..., when the total came to 414.7 million euros. For the first half of 2019, the net amount... to the third quarter of 2019, a total of 5,302 individual residence permits were granted via

    11%

  6. Unemployment edges down to 16.7 pct, lowest since April 2011
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    of 1.8 percent. Total employment reached 3.92 million people. ELSTAT’s data showed that there were... compared to July and by 4,407 persons when compared with August 2018 (-0.1 percent). The total... to the same month last year, the hirings balance was 3,905 lower this September. Total hirings came

    11%

  7. Alpha Bank posts net profits of 4.7 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    of Greek SMEs secured with real estate assets with total on-balance sheet gross book value... ratio at 67 percent. Total coverage including collateral came to 119 percent. Regarding the auctions of repossessed assets, a total of 2,568 auctions were held between January to October. The success

    11%

  8. 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

    11%

  9. 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

    11%

  10. 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

    11%