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Time deposit rate edges down to 0.76 pct, loan rate spikes to 5 percent
EconomyMacroeconomyfor amounts over 1 million euros, where the interest rate climbed 97 bps to 4.91 percent and more than... was recorded in the rate for loan amounts less than 250,000 euros, while that for amounts between 250,000..., the corporate loan rates in Greece remain more than 300 bps above the eurozone average lending rates
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What Greece’s draft agreement with lenders foresees on labour and pension reforms
EconomyProgrammemore than 20 and less than 100 workers, at least 10 percent of the workforce for firms employing between 100 and 300 employees and at least 30 for enterprises employing more than 300 workers. The same
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Eurogroup leaves Greece snared between its creditors
Agorarather than implementing them now. The thinking went that this would allow its participation... did not want the current discussion to include anything more than short-term measures. Instead... than if the decisions on debt and fiscal targets had been more favourable for Greece. *You can follow
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Athens sees flexibility on fiscal targets, singles out IMF over role
PoliticsGreek Politicsagreeing new measures to reach the 3.5 percent primary surplus rather than pressuring the eurozone to go... on the issue of labour reforms than the IMF. On Monday, Dijsselbloem suggested that any agreement... than the one it would have wanted, New Democracy wasted no time in accusing Tsipras of being poised
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Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
EconomyMacroeconomy. The breakdown displayed hirings stood at 157,385 in November and were more than offset by 195,052... employment balance still remains positive, with net hirings of 125,128, up by more than 36 percent... to layoffs. The majority (more than 54 percent) of the 11-month hirings involved flexible types of work
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Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall
EconomyMacroeconomy. Overall, Eurosystem funding has been cut by more than 58 billion in the last seventeen months, also... than that in mid-August 2015. Following the higher decline in ECB compared to ELA funding... by more than 7.5 billion since their peak of 50.48 billion in July 2015. However, they still stand
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Greece below EU average in social protection, with pensioners getting lion's share
SocietyGreece spends proportionately less of its GDP on social protection than the EU average but gives more of a share of what it spends to pensioners than any other EU country, newly released data from... spending per capita was registered in Romania at more than 70 percent below the EU average, followed
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Why can't Greece be more like Cyprus?
Agoraneeded to bailout the eurozone countries, with Athens taking up almost 250 billion euros (more than... with them than about what the future holds. Surveying the current lay of the land, one sees... for a better balance over the years but we’ve arrived at a point now where more than 80 percent of public
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Newsletter 101 - 23/12/2016
(albeit one that has much clearer conditions than the current one), but it does not make any... collected than last year. In addition, the comparable expenditure (stripping out the repayment... percent, respectively. However, this positive performance was more than offset by a decline
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Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomy. It currently stands 27 bps higher than the eurozone average rate of 0.44 percent. The recorded decrease... stand more than 250 bps above the euro area average rates. In the household lending sector... a recent peak at 5.01 percent in the previous month. The decline in the average loan rate more than
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