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Domestic factors seen playing role in PM's pick for European Commission
PoliticsGreek Politicsunder the terms of Greece’s debt restructuring to manage state-owned enterprises. The reforms put.... Legislation landmarks The government is also proceeding with a busy legislative agenda in the final days
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PM gears up for communications drive as PASOK marks 50 years
PoliticsGreek Politicsyear, rather than the 0.5 that had been planned. Another 0.5-point drop was due the following year... scheme providing subsidised loans to homeseekers. It will have less stringent criteria than in the first version and be available to a broader range of buyers than before. This is designed
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Three in 10 workers in part-time jobs, earning less than 400 euros
Societypercent did not make more than 23.48 per day. Men were more likely than women to be in full-time... in full-time work, the average daily salary was 15.1 percent higher than that for women (52.69 euros... and 23.09 for women.The same was also true for part-time work. Although women were more likely than
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Labour database shows 8 in 10 workers earn less than 1,200 per month
Economy. According to Ergani Greek companies are dominated by small firms as more than 88 pct employ less than 10 workers, some 262,634 companies out of a total of 298,255. Around 10 pct employ between 11 and 50. This leads to a total dominance of SMEs in the Greek economy, with more than 98 pct
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Newsletter 77 - 10/06/2016
to bypass the Bundestag and get the all clear from the finance committee rather than put the matter before... will be paid by 2018, four years earlier than the initial agreement. Government sources note that the state... billion, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80
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Wealth inequality in Greece has grown at faster rate than eurozone peers during crisis
SocietyThe economic crisis has increased wealth inequality in Greece at a much faster pace than in other... increase than the two other countries, Italy and Spain, Credit Suisse considers to have experienced... from 52 to 55.6 percent, which means that in both cases the current total is also lower than
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Athens gears up for Cyprus talks, expecting progress rather than agreement
PoliticsForeign Policyto another conference in the near future. Any agreement will have to be put to voted on by both Turkish
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Progress rather than breakthrough the target at Eurogroup
PoliticsGreek Politicswill put his name to is some clarity on debt relief. While Athens accepts that the medium-term debt relief
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBanking. The final price was rumoured to be equivalent to more than 20 percent of the portfolio's nominal value..., and will lead to the bank’s NPE ratio falling by more than 100 basis points. Upon completion... by more than 30 billion euros by the end of 2019, so it falls to below 65 billion euros. According
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Eurobank posts Q1 net profit of 70 mln
EconomyBanking, Eurobank said that fewer of its loans turned sour than it expected in the first quarter, as pandemic... is coming from low new NPE formation, significantly better than expected.” Asset quality The stock of non... million euros, which the bank said was less than expected, while provisions over NPEs were 61.9
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