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Unemployment rate inches up to 18.7 pct in Q4
EconomyMacroeconomy9,300 quarter-on-quarter. The number of unemployed came to around 881,100 in Q4, staying below the 1... percent in Q4, unchanged from Q3. The number of long-term unemployed (over 1 year) declined
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A snapshot of the Greek economy
AgoraInflation: Eurostat announced that the inflation rate (Harmonised Index of Consumer Prices[1]) came... applications on Economic Growth and Finance. [1] The Harmonised Index of Consumer Prices (HICP
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BoG data shows that overseas property investment revenue accelerated in 2018
EconomyFeatures, the increase in the first, second and third quarters of 2018 was 0.3 percent, 1 percent and 2.1 percent... to an average price contraction of 1 percent in 2017. During the final quarter of the year, properties
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NBG reports full year net profits of 50 million euros from continued operations
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 1 million euros from continued operations for the fourth quarter (Q4) of 2018, declining from profits of 9 million noted in the third quarter... The Common Equity Tier 1 (CET1) ratio stood at 16.1 percent in Q4 from 16.4 percent in Q3, which
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Alpha Bank posts net profits of 53 mln in 2018
EconomyBankingand completed, with one taking place this year and one in Q1 2020. These are worth close to 1 billion... Tier 1 (CET1) ratio stood at 17.4 percent at the end of 2018, down by 90 bps QoQ. This was due
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Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgrammeThe third post-programme review, which was due to begin this Monday, has been postponed for a few days as Athens looks to secure the disbursement of nearly 1 billion euros from the Eurogroup on April... that no more than 10,000 loans in this category will qualify, representing 1 billion euros of debt, To Vima
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IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
EconomyDecember 1, 2016 to January 1, 2019. In addition, of the total amount, only 3.69 billion, or 3.5 percent
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Summit to usher in a new stage of EU-China relations
Agoraat the upcoming 16+1 summit in Croatia will be whether this controversial initiative could turn into 17+1, all eyes being on the usual suspect Greece. Therefore, whether or not the EU can have its ducks
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In latest election pledge, Tsipras vows to ditch lower tax-free threshold
PoliticsGreek Politicswere due to lead to 1 percent of GDP in savings but were also designed to create greater fairness among pensioners, the reduction to the tax-free threshold is also aimed at generating an extra 1
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Athens holds fire on debt schemes, prepares tax relief measures
EconomyProgrammecontributions will offer relief to more than 1 million debtors with a total of 35 billion euros.... Reports suggest that the package being considered by the government could cost as much as 1 billion
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