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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomyin at 20.21 billion next year from 15.03 billion this year. Moreover, interest payments are seen down... million in 2017, down by more than 100 million from 2016 figure of 586 million. Revenue..., while bonds are seen down by 8 billion due to redemptions. Interest payments as a percentage of GDP
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Newsletter 99 - 09/12/2016
to the private sector edged down by 43 million from the previous month to reach 6.32 billion at the end... expected for the whole year, tourism revenues are seen down from last year’s figure of 14.13 billion... is mainly due to a decrease in the goods index by 1.5 percent. Unemployment rate edges down Greece’s
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Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
EconomyMacroeconomywith deductions of 3.14 billion in 2016, 4.8 percent lower than the 2015 figure of 3.29 billion. When broken down... 15 million. For the whole year, net deductions reached 255 million, while the loan stock edged down... 355 million in 2016, dragging the balance down to 24.65 billion at the end of December. There has been
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Number of new companies registering in 2016 half of those in 2008
Economyin 2016 down by 41 percent from 2012, other retail (3,200 down 49 percent), tourism and travel (1,347 up 31 percent), construction (986 down 25 percent), accounting and consulting (966 down 16 percent
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Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln
EconomyMacroeconomy, with the balance edging down to 13.11 billion. On the household front, the acceleration in deductions led... in the previous month leading balance down to 61.23 billion. In addition, the lending flow in the consumer..., with cumulative net deductions of 40.8 billion euros over this period, which have led the loan stock down
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Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln
EconomyMacroeconomyincreasing to 30 million from 22 million in January leading balance down to 13.09 billion. The household... of 145 million in mortgages, while the outstanding balance edged down to 87 billion. The respective... since early 2011 with cumulative net deductions of 40.8 billion over this period dragging down the loan
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Newsletter 115 - 21/04/2017
dropped by 153 million to 3.16 billion in March, with the Q1 figure down by 175 million to 10.72 billion..., 75 million above target. However, the Q1 figure edged down 0.7 percent to 9.98 billion, 791 million short of the target. Furthermore, the PIB recorded a surplus of 284 million, down sharply from last
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Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
EconomyMacroeconomyThe budget primary surplus was confirmed at 1.07 billion in the first quarter (Q1) down by 42.6..., tax revenues edged down 0.5 percent to 9.52 billion in Q1, but beat target by 228 million, fully...) and in grants to hospitals by 181 million. However, primary expenditure edged down 0.7 percent to 9.98 billion
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Unemployment rate continues decline to 20.5 pct in September
EconomyMacroeconomy. The unemployment rate for men dropped to 16.8 percent, down by 2.8 pp year-on-year. Broken down... in the 35-44 age group where the rate fell by 0.2 pp to stand at 18.8 percent. Broken down on a regional basis, Epirus and West Macedonia still shows the highest unemployment rate at 25.6 percent, down from
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingpercent in Q4 from 44.7 percent in Q3, while the NPE coverage ratio edged down to 50.4 percent from... down to 64.3 percent. In the Greek market, the NPL ratio fell to 36.3 percent in Q4 from 38 percent... NPE portfolio to Intrum Hellas DAC, for the amount of 1.5 billion euros. Gross loans edged down
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