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  1. Referendum call stretches state liquidity, pensioners first to bear the brunt
    Photo by Damian Mac Con Uladh

    EconomyProgramme

    providing any further details. For the total of around 368,000 OAEE pensioners, the total monthly... to the latest official data for May, the total monthly pension cost stands at 2.35 billion and concerns 2.66... half of the public servants’ wages by the middle of the month. For a total of around 700,000 public

    3%
  2. Income inequality in Greece remained high in 2013
    Photo by Harry van Versendaal

    Society

    . The data shows that the income quintile share ratio, or S80/S20, of the total of equivalised disposable... of total national income from 2012 to 2013 from 47.1 to 47.6 percent. That represents the third highest... bracket, controlled 43.4 percent of the total national disposable income, a decrease of 0.7 percentage

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  3. A breakdown of what Tsipras and European lenders agreed to

    EconomyProgramme

    total of 50 billion. Half of this amount will be used for the repayment of banks’ recapitalisation... fiscal path or higher privatization proceeds. In addition, restoring market access could lower the total financial envelope. · To address the acute challenges of the Greek banking sector, the total

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  4. Greek banks in intensive care: What lies ahead?
    Photo by MacroPolis

    Agora

    percent of total deposits at that time. Thus, a potential haircut of 23.7 percent on June-2014.... It is apparent that since total deposits have dropped by 43 billion since June 2014 a much higher... period until the end of 2015, a bail-in equal to 8 percent of total liabilities will be applied

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  5. A breakdown of the funding needs involved in Greece's third bailout

    EconomyProgramme

    government, raising total the debt amortisation figure to 35.9 billion. Another debt-related element... to build-up state deposits. Overall, these five contributors to gross financing needs amount to a total of 90.2 billion, of which debt amortisation makes up 40 percent of the total, bank recapitalisation

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  6. Pension reform to be one of new government's toughest challenges in next weeks
    Photo by MacroPolis

    EconomyProgramme

    official data provided by the Labour Ministry for May, the monthly cost for the total of 2.66.... These pensioners receive a total of 2.91 million main pensions with a monthly cost of 2.07 billion, implying an average main pension at 714 euros. In addition, pensioners receive a total of 1.65 million

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  7. Average wealth in Greece down by 17.1 pct since last year

    Society

    a share of 47.2 percent of adults and 53.6 percent of wealth in 2015. The country’s total wealth stood... percent. The breakdown showed 1.8 million Greek adults (19.7 percent of total) had a wealth below... with total wealth above the 1-million-dollar mark. One-third of wealth in Greece relates to financial assets

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  8. NBG strengthens capital at deep discount, falls short of initial target
    Photo by MacroPolis

    Agora

    . The bank said it has raised a total of 1.17 billion euros so far, including the outcome... billion. Since the bank aims for state aid to cover its total capital needs, the remaining bonds from... and including the burden sharing measures (bail-in), NBG would strengthen its capital by a total of 1.77

    3%
  9. Central gov’t debt rises to 314.6 bln in Q3 on eurozone tranche and GGB redemptions

    Economy

    . In addition, GGBs now account for 19 percent of total debt in Q3 down for 21.2 percent in Q2. GGBs held... stable QoQ at 14.92 billion, making up 4.7 percent of total, while repos fell to 9.81 billion (3.1 percent of total). In addition, the Bank of Greece holds loans of 3.79 billion. Special purpose

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  10. Deposit flow remains negative for the second straight month with outflows of 390 mln in November

    EconomyMacroeconomy

    entered into a period of political instability, display total outflows reached 44.48 billion over this period. Total deposits - which also incorporate general government (gg) as well as euro and non-euro... in October. On top of private sector, the total deposit negative flow includes gg inflows of 1.15 billion

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