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  1. Greek hourly labour costs less than half of eurozone average
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    against an EU average rise of 2.3 percent. As a percent of the total, non-wage costs make up 25.7 percent of the total labour costs for Greece, slightly above the EU average of 24 percent. Although

    3%
  2. ECB report highlights sluggish Greek economic growth
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    created since mid-2013, offsetting the total number of jobs lost during the crisis.” However, crisis... of total loans in 2014 to 5.2 percent in the fourth quarter of 2017. Meanwhile in Greece, NPLs remain

    3%
  3. February current account deficit at 1.29 bln as underlying balances worsen
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    prices. Total exports increased by 14.5 percent to 2.34 billion euros, while imports rose b y 4.8... by a 14.7 percent rise in receipts to 298 million. Total aggregate exports rose by 16.9 percent

    3%
  4. Strong deposit growth of 1.14 bln noted in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    since December 2015. Total deposits, which also include the general government (gg), rose by 786.4... to 24.48 billion euros for the month, down from the total of 26.30 billion noted in February.

    3%
  5. Is the cost of Greece's public sector soaring again?
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    . The numbers, derived from the Labour Ministry’s Ergani database, record not the total number of public... that the costs have gone up every year since the end of 2014, by a total of 612 million euros, or 3.9 percent

    3%
  6. Newsletter 160 -04/05/2018

    Newsletters

    lift it above the poverty threshold. 2 Deposits grow by 1.14 bln in March Total deposit include... of 1.35 billion. Savings increased by 349 million in the first three months of the year. Total

    3%
  7. Athens struggles with civil service evaluation, reduction of arrears
    Photo by MacroPolis

    EconomyProgramme

    by the end of the programme on August 20. The total figure still outstanding at the end of March... for reducing arrears but this will depend on Athens having made progress by then in bringing the total

    3%
  8. Marginal increase to 20.8 pct for Feb unemployment rate
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 33,636. Total employment has been standing above 3.7 million since February last year. The figures.... Full-time hirings increased to 55.6 percent of the total, representing the first time since May 2017

    3%
  9. Lower yields for short- and long-term borrowing boost Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for 875 million euros. It received total bids of 2.49 billion euros, including 392 million of non-competitive bids, taking the coverage ratio to 2.84. The total amount accepted was 1.14 billion euros

    3%
  10. NBG makes profit of 20 mln in Q1, NPE stock falls again
    Image via www.nbg.gr

    EconomyBanking

    are collateralised. This would bring the total sales of NPLs by the bank to around 4 billion across... peers. The total Greek loan yield fell slightly to 377 bps from 388 bps in Q4. Fee income fell by 5

    3%