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  1. Notable increase in grants to social security sector leads to budget primary deficit in Nov

    Economy

    to 1.23 billion in November, grants to hospitals jumped to 388 million in November from a total.... Despite the notable over-performance by 806 million in November, the December total revenue figure... billion) 2) Grants to Manpower Employment Agency (at 72.1 percent of the annual target of 750 million) 3

    7%

  2. Where things stand on the Greek pension reform proposals
    Photo by MacroPolis

    EconomyProgramme

    currently applied to salary-earners. 3) Increases in the contributions for supplementary pensions for a 3-year period by a total of 1.5 percentage points (pp), 1 pp for employers and 0.5 pp for employees... earnings of each employee for the total number of working years after applying a progressive replacement

    7%

  3. Labour Ministry 2015 data shows increase in employment, marginal drop in average wage

    Economy

    employing a total number of 1.67 million employees in 2015. Three quarters of firms were employing up... of the total employees are concentrated. The breakdown by business activity showed 18 percent of firms were... in the retail trade, 10.4 in catering and food services and 10.1 percent in wholesale trade. The total number

    7%

  4. HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015

    EconomyBanking

    and principles for finding solutions, accelerate the process and exchange of knowhow. 3... each. The aggregate figures for this sample shows total loans of 36.2 billion euros, of which 19.9..., with total loan exposure of 14.7 billion euros, of which almost three quarters were NPEs, could form

    7%

  5. Lower bad loan provisions and increased write-offs for Greek banks in Q2
    Photo by MacroPolis

    Economy

    . In Q1, bad loan provisions had risen by 1.13 billion, which brings the total increase..., and have increased by more than 3 percentage points from the Q2 2015 figure of 18.4 percent... by 729 million in Q2 to a total of 869 million for H1. The aggregate figure for the 6-month period

    7%

  6. Industrial production down 0.3 pct in Aug for first fall since Mar

    EconomyMacroeconomy

    of the total index with 70 percent, increased by 2.1 percent, while water supply production edged up 1.2 percent having only marginal impact with just 3 percent weight on the total. Three of the five... a decline in electricity production by 4.6 percent that makes up almost 21 percent of the total

    7%

  7. Newsletter 123 - 16/06/2017

    Newsletters

    of 4.33 billion. Of this year’s amount, almost 3 billion, corresponding to around three quarters of the total, relates to tax categories. Overall, the total stock of overdue obligations, including legacy... after increasing in the previous two quarters, while its percentage out of the total fell to 69.9

    7%

  8. Inflows continue in July as deposits increase by 927 mln

    EconomyMacroeconomy

    of the second programme review in June. The breakdown showed that time deposits posted total inflows of 847... in the 6-month period. Total deposits – which also include those of the general government (gg) - increased... since May 2014. The ECB decided on August 3 to further reduce the ELA ceiling for Greek banks

    7%

  9. Deposit inflows rise to 1.41 bln in August, highest for 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the previous month. On a year-to-date basis, flows stayed positive for a second month to total 1.92 billion... combined with time inflows of 1.32 billion, offsetting a negative balance of savings of 592 million. Total inflows came to 1.20 billion in the eight-month period. Total deposits – which also include general

    7%

  10. Most Greeks negative about spending power in 2018
    Image via www.deloitte.com/gr

    Society

    , compared to an average of 9 percent. In terms of the total sum they estimated they would spend...). The Greek total was slightly higher than the overall average of 445 euros. Greece was one of only two... during Christmas. However, the total sum in Greece fell by 2 percent, while the average across 10

    7%