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  1. Newsletter 174 -14/09/2018

    Newsletters

    in those employed, bringing the total to 3.9 million. The unemployment rate for males declined annually... to 653,400. Out of the total, long-term unemployed constitute 72.1 percent in Q2. The majority... the majority of total liquidity at 64.5 percent. Greek banks’ Eurosystem funding declined by 382.1 million

    2%
  2. Card transactions in Greece experience boost due to capital controls

    EconomyBanking

    . In 2014, the last year before capital controls were enforced, total card transactions in Greece came... million. Out of the total, the biggest growth was seen in debit card usage, where transactions went.... In terms of transaction value, a total of 6.1 billion euros worth of card transactions were carried out

    2%
  3. Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
    Photo by MacroPolis

    EconomyMacroeconomy

    the total for central bank funding to 12.23 billion euros compared to August’s sum of 12.63 billion euros... the total to 8.66 billion. September’s figure is the first time that ECB funding has increased after... that for a sixth consecutive month, ECB funding made up the majority of total liquidity at 70.8 percent

    2%
  4. Pensions spending stable but early retirees burden system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    payments on a monthly basis. The latest bulletin showed that a total of 4.5 million pensions were paid in July 2018, coming to a total of 2.30 billion euros. The bulletin excludes payments through... of the total number of pensions paid, 2.8 million relate to main pensions, 1.2 million to supplementary

    2%
  5. Eurosystem funding rises to 13.2 bln in October, banknotes up for third month
    Photo by MacroPolis

    EconomyMacroeconomy

    , the Bank of Greece's (BoG) monthly financial statement has revealed. As of the latest month, the total... to bring the total to 9.64 billion. ECB funding has risen for two consecutive months so far. This month... for October revealed that for a sixth consecutive month, ECB funding made up the majority of total

    2%
  6. Central government debt increases by 10.7 bln to 356.03 bln in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for over 71 percent of the total and came to 253.50 billion at the end of September. A breakdown... of the total. The breakdown also showed that special purpose and bilateral loans, including those granted... billion. The weighted average maturity of the total debt rose to 18.54 years in Q3 from 18.21 in Q2

    2%
  7. Newsletter 184 -23/11/2018

    Newsletters

    . These fiscal interventions total 910 million euros, nearly evenly split between lowering taxes and increased... in foreign arrivals, coming to a total of 4.9 million visitors for the month, although the average... euros for the same period last year. In the aggregate period, total overseas arrivals rose by 10.3

    2%
  8. Greek tourism building strength but needs to diversify, PWC study finds
    Photo by MacroPolis

    EconomyFeatures

    , leading to a total of 2.50 euros in GDP. EU countries led the way for tourism arrivals in 2017... shortening. Total revenues per tourist arrivals have been dropping by 3 percent each year, implying... adds supply to the market without disrupting it. In total, around 96,000 beds or 12 percent

    2%
  9. Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the Bank of Greece's (BoG) monthly financial statement has revealed. As of the latest month, the total... the total to 9.52 billion. The fall this month in Eurosystem funding reverses an increase in funding of 974... of total liquidity at 77.8 percent, having overtaken ELA funding in April of this year. In November

    2%
  10. Private sector employees increase in 2018 along with average wage rise of 4.6 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    revealed that 257,313 companies employed a total of 1.99 million people in 2018. Of this total, 88,778... five and nine employees made up 14.1 percent of the total and those hiring between 10 and 49 employees accounted for 11.3 percent of the total. Out of the total for firms, 3,712 employed between 50

    2%