Search
-
Newsletter 248 -24/04/2020
of total employment, adding extra value of 1.1 billion. A digital reboot of this size would boost... 367.10 euros for the same period last year. In total, arrivals showed an increase of 21.8 percent... year’s total of 10.53 billion. Expenditure for March rose by 153 million euros year-on-year to come
16% -
Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
EconomyBankingto normal operations as soon as possible. A total of 25 billion euros in loans, guarantees and subsidies.... Of the total, around 18 billion euros will be used to support businesses and 7 billion... releases 3 billion funds from the banks, which upon leveraging will total 30 billion. Minister
16% -
Unemployment continued downward course in Feb, falling to 16.1 pct
EconomyMacroeconomyby 14,451 which is equal to a rise of 0.4 percent. Total employment stood at 3.89 million people... compared with January 2019 (+2.1 percent). The total inactive population now stands at 3.27 million... was the worst employment balance for the same month on record. Total hirings came to 103,002 versus
16% -
Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
EconomyMacroeconomy. Travel payments came to 60.5 million, down 75.7 percent. Total exports in March came to 2.40 billion euros, from 2.70 billion last year, falling by 11 percent YoY. At the same time, total imports reached... in turn. Total exports rose to 7.65 billion, a slight decrease of 0.6 percent. Imports decreased by 3.3
16% -
Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingbillion euros combined in hospitality and real estate out of a total of 29.6 billion in loans for 2019. From the total, 14.7 billion euros were considered performing, of which 2.2 billion euros were... at a total of 24 billion euros, combining fiscal measures and guarantees, of which 7 billion have already
16% -
April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
EconomyMacroeconomyand assessed taxes). State budget total revenues amounted to 3.26 million euros, 1.16 million euros... the coronavirus pandemic. State budget total revenues stood at 15.43 billion euros, lower than the target..., interest payments stood at 2.50 billion. During the first four months of the year, total expenditure came
16% -
Alpha Bank posts net loss of 10.9 mln in Q1
EconomyBankingpercent, while total coverage including collateral came to 117 percent. Regarding the auctions... to the absence of notaries. A total of 412 auctions were held in Q1 compared to 1,782 in Q4 2019... in Q1. The fully loaded total CET1 stood at 14 percent compared to 14.9 percent in Q4. The bank’s
16% -
Building permits increase by 10.2 pct in March
EconomyMacroeconomypercent in February, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The total... months of the year, building permits rose by 42.7 percent. Total permits in the aggregate period... the coronavirus take hold. Total permits for 2019 came to roughly 82 percent lower than the 2005 peak
16% -
Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
EconomyMacroeconomyemployed, bringing the total to 3.85 million. The largest increase in employment in Q1 compared... unemployed (over 1 year) fell by 41,100 in Q1 compared to Q4 and came to 525,300. Out of the total, long... are concentrated in six economic sectors - wholesale and retail trade (18.3 percent of total
16% -
Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
EconomyMacroeconomyrestrictions put in place in Greece and elsewhere to contain the coronavirus pandemic. Total exports.... At the same time, total imports reached 3.25 billion euros, a fall of 28.8 percent YoY. BoG noted... of the non-oil balance of goods, while the oil balance deteriorated. Total fell to 9.63 billion
16%