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PPC: The struggling electricity giant dominating bailout talks
EconomyFeaturesthis decision. At the end of February, the total capacity in the Greek electricity market stood... that the total of 14 lignite and 16 hydroelectric units with a combined market share of 42.6 percent... Parliament by PPC chairman Manolis Panagiotakis in early March. Of the total amount, around two thirds
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Newsletter 114 - 07/04/2017
of the Independent Authority for Public Revenue (IAPR). The figures showed that 2 percent of the total tax debt... 3,000 euros each. At the other end of the spectrum, just 16,290 taxpayers (0.4 percent of total) owe more than 300,000 euros each or 78.79 billion combined, corresponding to 84.8 percent of the total
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Net job hirings hit high of 92,132 in April, driving 4-month figure to new record
EconomyMacroeconomyby a wide margin a total of 132,049 departures, of which less than half (48 percent) related to lay... falling to 45.1 percent from almost 51 percent in the previous month. The share of males among total... of 593,052 compared to a total of 486,587 departures. Slightly more than half of the hirings in the first
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Labour Ministry publishes latest pension breakdown
EconomyMacroeconomy) published on Sunday for the first time since the summer of 2015. The bulletin showed that a total of 4.55... of the total number of pensions paid, 2.89 million relate to main pensions, 1.25 million.... The total number of beneficiaries fell by 25,267 from July 2015 and stood at 2.63 million at the end
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Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
EconomyBanking) NPEs widened further to 28.5 percent of total NPEs last December from 26.2 percent a year ago, while... in 2016, corresponding to 21.4 percent of total exposures from 17.6 percent a year ago. Specifically... lending segment posted the highest ratio of settled exposures over total exposures (32.2 percent), while
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Greece completes first bond issue in three years, eyes more on way out of programme
Economy(ISIN: GR0114028534) for a total amount of 4.03 billion at a price of 102.6 percent of nominal... reached 4.625 percent. Total offers exceeded 6.25 billion euros from 200 investors largely related... offer was 2.08 times oversubscribed. Of the total amount of 3 billion raised from the new bond
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Athens set to profit from falling borrowing costs as yields drop ahead of review completion
EconomyFeatures. The transaction included a switch and tender offer of the 5-year bond issued in April 2014 for a total amount... the yield reached 4.625 percent. The transaction settled at the end of July and total offers exceeded 6.25.... The Finance Ministry intends to have a total cash buffer of around 12 billion euros as a safety
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Newsletter 146 -12/01/2018
Fotiou highlighted that the total amount spent will increase from around 650 million euros to 910 million... of the total debt. The stock of gg guarantees fell by 2.83 billion, slowing from the substantial decline... to stand at 662 million with a collectability rate of 86.8 percent. In total, the stock of overdue
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Newsletter 151 -16/02/2018
sector cost Greece a total of 23 billion euros between 2000 and 2010, although it has not indicated... that there are a total of seven prior actions that need to be completed by Monday, which included.... The latest bulletin showed that a total of 4.5 million pensions were paid in December 2017, coming
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Newsletter 152 -23/02/2018
by the end of the programme in August. The total figure is now seen at 16.4 billion euros rather than... bln in Q4 Total debt rises by 2.59 billion quarter-on-quarter as reliance on repos manifests In 2017... percent of the total and came to 232.96 billion at the end of December. The majority of FSM loans relate
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