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  1. Unemployment rate fell further to 24 pct in Q3 on seasonally increased employment
    Photo by MacroPolis

    EconomyMacroeconomy

    of ‘long-term’ (more than 1 year) unemployed remained well below the 900,000-mark for the second quarter.... However, the percentage of long-term unemployed to total jobless increased to 73.7 percent, its highest level over the past four quarters. Part time employment eased to 9.1 percent of total employed

    13%

  2. Deposit outflows for second straight month in February, at 548 mln

    EconomyMacroeconomy

    Greece entered a period of political and economic turbulence, total outflows have reached 43.5 billion euros. Total deposits - which also incorporate general government (gg) as well as euro and non-euro... sector, the total deposit flow in February incorporates non-euro area residents and gg inflows of 179

    13%

  3. Ministry's actuarial study shows the devastating impact of the crisis on the pension system

    Economy

    thereafter. At the same time, part time employment rose to 9.5 percent of total employed in 2015 from 5.5... of their total wealth. Following a series of pension cuts imposed in 2011 and 2012, the total pension... is expected to be reduced by 1 billion to 16.73 billion (8.5 percent of GDP) in 2019 from 17.76 billion

    13%

  4. How the pension fund that invested heavily in Attica Bank lost half its reserves

    Agora

    was established in 1934 and retained a very healthy ratio of pensioners versus insured of 1:7 until... investors. According to TSMEDE, its total investment in Attica reached 810.72 million euros, of which more... million, making up 8.7 percent of total wealth. The remaining TSMEDE wealth was allocated in cash

    13%

  5. Unemployment rate drops again in Q3, reaching 22.6 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    jobless (more than 1 year) rose to 806,300 in Q3 after a marked drop in the previous month. In addition, the percentage of long-term unemployed to total jobless hiked to 73.8 percent in Q3, which... broadly stable quarter on quarter at 9.7 percent of total employed in Q3 with around 69 percent

    13%

  6. Provisions of out-of-court workout bill outlined ahead of submission to Parliament
    Photo by Vassilis Asvestopoulos/Fosphotos

    EconomyProgramme

    that a total of 403,000 firms, including sole proprietors, may settle their existing debt... exposures (NPEs) edged down by almost 1 percent to 106 billion euros at the end of September from 106.9... security contributions. The total stock of unpaid taxes climbed to 94.2 billion euros at the end

    13%

  7. No fear of the bear? Bilateral economic relations between Germany and Russia
    Photo by Kostas Tsironis/Fosphotos

    Agora

    by Russian exports to Germany which declined by 22 percent in 2015, reaching a total volume of 29.9...) by the end of 2016. German firms invested nearly 1 billion euros into the Russian economy in the first... thereafter in a foreign currency. The total volume of the transactions under review is significant

    13%

  8. Greek households switch to natural gas in record numbers as winter approaches
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    in the Special Consumption Tax, from 230 to 280 euros per kilolitre. At the same time, the total amount... between September 2017 and September 2018. The total savings by a household from switching to natural... by households. Natural gas’s share of the total energy consumed by Greek households has risen from almost

    13%

  9. Three in 10 workers in part-time jobs, earning less than 400 euros
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    2016 was not available since the fund began operating as of January 1, 2017. The data also revealed... work (56.3 percent of total versus 43.7 percent). Conversely, women made up 55.5 percent of part-time... to 49.6 euros with an average monthly wage of 1,152.19 euros. In total, the average wage for both full

    13%

  10. Coalition's moves on public sector hirings under scrutiny
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and security with public hirings at 70 hospitals and that led to one of them saving more than 1 million... to official government data, there was a slight rise in the total number of civil servants last year... and workers on fixed-term contracts. The total stood at 71,042 at the end of 2016, rising to 78,297

    13%