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Helped by trading gains, Eurobank posts 305 mln in Q1 profits
EconomyBankingEurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year. Core pre-provision income (PPI) rose by 10.4 percent... bps, compared with 140 bps in Q1 2021. Balance sheet Eurosystem funding stayed broadly unchanged
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Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence
AgoraGreece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern
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Employment balance records 33,620 more hirings than departures in June
EconomyMacroeconomyThe employment balance remained in positive territory in June with 33,620 more hirings than..., the employment balance showed 298,171 more hirings than departures. Ergani noted that the balance... of a positive employment balance in the Greek job market, albeit slowing from May’s record high
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Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a surplus of 1.21 billion euros in September from... by 348.1 million euros year-on-year and was mainly driven by a rise in the services balance, which rose by 350 million euros, and by the deficit of the balance of goods improving by 49.4 million euros
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Hiring balance improves by more than 18,000 jobs up to Aug
EconomyMacroeconomyGreece’s employment balance was negative in August with 2,542 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last... balance in the 45 to 64-year-olds with 9,591 more jobs. The largest negative balance was in the 15-24
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VAT, income taxes help push May budget primary balance above target by more than 3 bln
EconomyMacroeconomybalance is better than the target by 3.33 billion euros. Revenues Net revenues for the period stood...The budget primary balance in May was confirmed to be a surplus of 2.3 billion euros, compared... budget, came to 20.59 billion euros. Net revenues came to 26.25 billion euros. The budget balance up
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Newsletter 68 - 01/04/2016
it will provide some respite for the government, which is struggling to cope with the more than 50,000... also scuffles on island hot spots and at Idomeni, where there are still more than 10,000 people... billion-euro decline in January after a brief rise in December, when the deposit balance hit a recent
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Travel balance surplus more than doubles YoY in Jan
EconomyMacroeconomy. January's balance was over 106 percent higher than the 54.6 million euros recorded in January 2023. In January 2022, the balance was 44 million euros. Receipts for the month were 278.3 million euros...Greece's travel balance recorded a modest surplus of 112.6 million euros in January, compared
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Newsletter 305 - 16/07/2021
than a third, according to some polls) is sceptical or completely opposed to the vaccines..., and others putting the estimate at more than 5,000. The protesters, many carrying Greek flags, while... is smaller than those seen habitually in Greece, including at the recent anti-labour law rallies
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Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
EconomyMacroeconomy. The outstanding balance decreased to 109.63 billion euros, from 119.45 billion euros in November, taking the total drop in the balance during 2021 by 31.48 billion euros as banks shift loans off their balance sheets through securitisations and sales. The loans balance has dropped by a significant 22
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