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  1. Disposable income grows by 0.8 pct in Q3, up from previous quarter

    EconomyMacroeconomy

    contributions, along with a fall in transfers. Since 2010, disposable income has fallen by 25.7 percent, or by 10.17 billion, mirroring a 27 percent fall in GDP which came about as a result of a range

    4%

  2. Pensions continue to be main source of income for half of Greek households
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    fall into the category of long-term unemployed. One in five households has a member who gets paid... a fall of 9 percentage points compared to the results from 2016 when 34 percent said that they would

    4%

  3. Spending on pensions down by 30.9 mln in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , with a corresponding fall of 30.9 million euros in pensions amounts paid out. IDIKA monitors monthly... pensions which fall below the 500-euro mark. For around 20,000 main pensions, the monthly cost

    4%

  4. Unemployment rate falls to 21.5 pct in 2017 despite increase in Q4
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    ) figures showed on Thursday. The latest figure reverses the fall of the previous quarter, which had... with a fall in those employed by 87,372 to 3.7 million. The previous quarter had marked the first

    4%

  5. Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel receipts rose by 3.4 percent year-on-year in January, reversing a fall of 76.3 percent in December, Bank of Greece (BoG) data revealed on Monday. Receipts came to 153.1 million euros..., a fall of 15.6 percent was noted (50.8 million euros). For countries within the EU but not euro

    4%

  6. Budget primary surplus confirmed at 2.75 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . In total, a 6.3 percent fall in expenditure was noted, coming to 7.25 billion or 112 million lower than the target. This was mainly driven by a fall in grants to hospitals and YPE-PEDY by 147 million

    4%

  7. Eurosystem funding drops by 2.80 bln in February, led by ELA reduction

    EconomyMacroeconomy

    , the decline was driven largely by a fall in Emergency Liquidity Assistance (ELA) funding by 2.37.... The majority of this fall (71.71 billion) comes from a lower reliance on ELA funding. The decline

    4%

  8. General govt primary cash surplus at 3.26 in Feb, arrears up by 237 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion euros. ​This was driven by a combination of a fall in interest paid (-613 million), subsidies... by 2.41 billion to 28.20 billion. The fall was almost entirely driven by a 2.37 billion euro

    4%

  9. February current account deficit at 1.29 bln as underlying balances worsen
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    percent for an absolute sum of 3.86 billion. The services balance recorded a fall of 15.2 percent... a fall of 7 million euros from the figure for the same time last year which stood at 6.56 billion.

    4%

  10. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    fall year-on-year (YoY). Asset quality Pre-write off non-performing exposure (NPE) formation fell... stock is anticipated to fall by 34 percent between March 2018 and December 2019. This will be achieved

    4%