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Banks enter final quarter with high hopes for bad loan reduction while challenges remain
EconomyBankingof the EU rules. Hercules aims to take a total of 30 billion euros in bad loans of the books... by around 26 billion euros. The total still remains extremely high, coming to 78.8 billion euros..., Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1
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Newsletter 244 -20/03/2020
, six people had died in Greece after contracting Covid-19 and a total of 464 were confirmed... Authority (ELSTAT) based on figures from the last complete data series as of 2017, a total of 251,419... losses for the total industry due to the coronavirus had so far come to 522 million euros. The survey
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General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln
EconomyMacroeconomyeuros, bringing the total figure to a surplus of 171 million euros. The equivalent figure for the same... largest fall was in sales of non-financial assets with a decline of 1.33 billion, taking the total... taking the total to 17.87 billion. Other revenue showed a milder decline of 130 million euros, while
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Traditional sectors carry burden of job creation as unemployment levels fall
EconomyMacroeconomyinitiatives to stretch out a safety net below the labour market are included, the total came... the total over the period to 7 billion euros, from a combined spending package of 22.6 billion euros... of total employment, wholesale and retail jobs are over 17 pct of jobs and manufacturing is just shy
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Labour database shows 8 in 10 workers earn less than 1,200 per month
Economythan 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... employees. SMEs also have a significant portion of total employment as companies with up to 4 employees have
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Newsletter 458 - 04/04/2025
. The total fiscal cost of the intervention is 268 million euros and about 60 pct of the amount emanates... 1 million passenger vehicles to the US, which in 2023 reached a total of over 40 billion euros, representing roughly a quarter of EU total car exports. The EU’s total iron and steel exports in 2024
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Business landscape dominated by SMEs, six in 10 workers earn below 1,200 euros
EconomyMacroeconomyof companies employing between 1-10 employees, with 267,245 companies out of a total of 304,568 registered companies in 2025. The total number of companies increased in 2025 by 3,454. Another 10.4 pct... 15 pct of the total. Another 11 pct of total employees is employed by firms with 5-9 workers. Some
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Newsletter 18 - 06/03/2015
The first crash test for Greece’s liquidity in March was this week, when the state had to rollover a total... were unwilling to rollover their holdings. This meant that around 60 percent of this week’s issue had... not increase their holdings and cover even a small part of the (previous) foreign investor participation
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Current account deficit widens to 412 mln in May
EconomyMacroeconomypercent and total exports 4.5 percent. The decline in the services’ surplus mainly results from lower net..., largely due to a rise in residents’ holdings of foreign bonds and T-Bills of 963 million, while net liabilities declined by 137 million due to a drop in non-residents’ holdings of Greek government bonds
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Greek primary cash surplus up to 3.1 bln in September but state arrears also rise
EconomyMacroeconomybillion) making up more than half of total, followed by extrabudgetary funds (1.15 billion). The state... million euros MoM to 2.33 billion making up almost half of total arrears. The next highest..., accounting for 19 percent of the total. Tax refunds fell MoM for the first time since February to 713
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