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  1. Pending pensions mount up, complicating fiscal effort
    Photo by MacroPolis

    Economy

    the cost of pending pensions. The Unified Auxiliary Insurance Fund (ETEA) that grants supplementary... pending pension lump-sums with an estimated cost of 966 million. Summing up, the total number of pending

    4%

  2. From Berlin to Brexit
    Photo by MacroPolis

    Agora

    blinkered decisions but the true cost of the damage will only be clear when the dust settles...”. British voters were being asked to decide what they were afraid of most, the economic cost

    4%

  3. ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt

    EconomyMacroeconomy

    the cost of 7.17 billion in bank support produces a primary surplus of 259 million under... of 6.05 billion but excluded the cost of a higher (compared to ELSTAT figure) bank support of 7.41 billion

    4%

  4. Report reveals institutions’ views on labour market reforms

    EconomyProgramme

    the collective agreement framework contributes to companies’ flexibility to adapt their labour cost via..., arrangement of working time, reduction in the non-payroll cost via tackling of undeclared work

    4%

  5. PMI drops for third straight month to hit one-year low of 48.3 in Nov

    EconomyMacroeconomy

    since May. The cost burden on Greek manufacturers rose at the fastest pace in the last 16 months, mostly... for Greek goods continues to inhibit growth in the sector”, while “with cost pressures also mounting

    4%

  6. The key elements of the draft agreement between Greece and lenders
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    ) will result in cost savings of 570 million by 2017, 808 million by 2018 and 853 million by 2019, while... (without quantifying the cost savings) and implementation of the reformed performance assessment scheme

    4%

  7. PBO warns of recovery risks, fourth bailout and possible default

    EconomyMacroeconomy

    that there is scope for targeted cost savings in public procurement and works as well... could result in public cost rationalisation. The pension system is not sustainable, according

    4%

  8. Adverse weather pushes Jan manufacturing PMI to lowest level for 16 months
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    was further reduced also reflecting ongoing cost containment efforts. The input costs continued heading... firms look set to try to alleviate their cost burdens over the coming months,” Markit noted.

    4%

  9. Newsletter 106 - 10/02/2017

    Newsletters

    , with Greek banks’ cost-to-income ratio improving to 51.4 percent in the third quarter of 2016, which..., increasing sharply thereafter to 275 percent in 2060, largely due the anticipated high cost of market

    4%

  10. NBG records net profits of 73 mln in Q4, turns profitable for whole year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    income (NII) and cost containment. Asset quality The domestic non-performing exposure (NPE) stock... more than offset lower deposit cost. During the conference call, the management said

    4%