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  1. Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    the NPE mix with retail loans making up 55 percent of total NPEs, the bank said that the retail NPE... 20 percent each to the total NPE cut, while write-offs will make up the remaining 40 percent... total costs to stand below 1 billion for the whole year, from 750 million in the 9-month period. Over

    2%

  2. Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    with financial assets making up 22.5 percent of the total figure and equities accounting for only one fourth of financial assets, the negative performance of shares had a limited impact on the domestic total... showed 2.09 million Greek adults (22.9 percent of total) had wealth below 10,000 dollars, while for 4.72

    2%

  3. Newsletter 104 - 27/01/2017

    Newsletters

    climbed to 17.54 billion, an increase of 14.2 percent or 2.19 billion in 2016. Of the total overdue stock, 12.62 billion (72 percent of the total) involves basic SSC contributions and the remaining 4.92... of total assets. The study also showed that the household debt to disposable income ratio grew from 68.5

    2%

  4. Job departures hit 17-year high of 29,817 in January
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2001. The breakdown showed hirings reached 126,501 in January. They fell short of a total of 156,318... in January 2015. The share of males among total hirings edged up to 59.4 percent in January from 58.5... involved flexible types of work, with part-time and shift work making up for 40.1 and 14.6 of total

    2%

  5. Out-of-court workout bill prepared amid apparent concern from banks
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    their debts to banks, tax offices, social security funds and suppliers. The minimum amount of total.... Specifically, SME’s NPEs stood at 23.5 billion (59.9 percent of total), small business and professionals’ NPEs at 16.8 billion (67.2 percent of total), while large corporate NPEs amounted to 14.8 billion

    2%

  6. Net job hirings at record high of 38,517 in March, lead to positive balance in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 170,810 in March and outpaced a total of 132,293 departures. Just under half (around 49 percent.... The share of males among total hirings fell below the 58-percent mark from around 61 percent in February... and 14.8 of total hirings respectively. Full-time employment accounted for 46.5 percent

    2%

  7. These were the key drivers behind Greece's strong fiscal performance in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Taxes on production and imports (mostly indirect taxes), which hold the lion’s share of total revenues... of the total figure, rose by 1.06 billion to 18.15 billion. Social contributions, which represent the second highest revenue component (28.5 percent of the total), recorded a smaller rise of 510 million

    2%

  8. Material deprivation rises, while poverty risk drops slightly
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    , unchanged from the previous year. The survey also showed that 28.7 percent of the total population lives... at risk of poverty or social exclusion represent 35.6 percent of the total population (3,789,300 persons... in the total disposable household income) for persons aged 18-64 years is 44.9 percent. Excluding

    2%

  9. Collapse of Cyprus talks, "Justice March" raise risk of offshore drilling standoff
    Photo by Fosphotos

    Agora

    the risk of a naval confrontation between Turkey and the Republic of Cyprus when Total of France... in Block 11, which is located to the southwest of the divided island. Total acquired the rights to Block 11 in 2013. In March 2017, Eni announced that it had signed a farm-in agreement with Total

    2%

  10. General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at the end of July, constituting 42.4 percent of total arrears. Tax refunds were the next largest contributor, representing 28 percent of the total (1.52 billion), followed by hospitals at 10.1 percent (550... of the total debt. Bonds came to 49.14 billion (15.1 percent of total), T-Bills to 14.92 billion (4.6

    2%