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  1. IMF examines how Greece accumulated large pile of unpaid taxes and contributions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    evaluation earlier this week. The total amount of this type of debt stands at 115 billion euros.... Specifically, tax debt represents more than 80 percent of total liabilities to the state. The stock reached... of the total figure. In contrast, 1 percent of debtors owe more than 1 million euros each, accounting for 80

    4%

  2. Special ELSTAT report reveals dramatic changes in labour market since 1980s
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (less than 5 months) exceeded the long-term figure. Long-term to total unemployment started rising... been jobless for more than two years to the total unemployed has risen from 21.8 percent in 2009.... In 2015, more than half (51.2 percent) of the total jobless figure were unemployed for more than

    4%

  3. Central government debt rises to 326.4 billion on ESM disbursement
    Photo by MacroPolis

    EconomyMacroeconomy

    billion in total, of which 52.9 billion relate to the Greek Lon Facility (GLF) bilateral loans... of total debt. Of this amount, 38.6 billion are held by private investors and 18 billion by the ECB... in 2016, up from 10.8 years in the 9-month period, while the respective maturity of total debt

    4%

  4. Job hirings at record high of 24,938 in Feb, negative employment balance for year-to-date
    Photo by Panayotos Tzamaros/Fosphotos

    EconomyMacroeconomy

    hirings stood at 138,242 in February and outpaced a total of 113,304 departures, of which more than half... of flexible type of work to total hirings stands above the 55-percent mark in five of the last six months. The share of males among total hirings continued increasing and stood at almost 61 percent

    4%

  5. Fraport reveals airport plans as major privatisation overcomes obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    million for the 40-year life of the concession bringing the total guaranteed cash consideration..., while its total investment is seen close to 1 billion euros. This includes additional maintenance... in an increase of 100,000 square meters in the terminal size of the 14 airports to a combined total size

    4%

  6. PPC: The struggling electricity giant dominating bailout talks
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyFeatures

    this 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

    4%

  7. Net job hirings hit high of 92,132 in April, driving 4-month figure to new record
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 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

    4%

  8. 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

    4%

  9. General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
    Photo by Panayotis Tzamaros/Fosphpotos

    EconomyMacroeconomy

    ) of total expenditure relates to social benefits, which stood at 12.24 billion, while compensation of 5.24 billion makes up 21.7 of the total figure. Arrears Arrears to the private sector (including... up 45.6 percent of the total figure followed by tax refunds of 1.05 billion (21.2 percent

    4%

  10. Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
    Photo by Panayiotis Tzamaros/Fosphotos

    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

    4%