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  1. Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , of which 2.6 billion refer to 2017. The most significant revenue interventions in 2017 with a total... social allowances for a total amount of 871 million in 2017, which includes granting the social... risk and smoothening of the maturity profile. Privatisations Total privatisation proceeds are seen

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  2. Bank of Greece reveals lenders' NPE challenge and sets out path to recovery
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of total exposures and have climbed to 108.4 billion or 45.1 percent at the end of June. Excluding... percent of total NPE reduction, corporate 16 percent, small businesses and professional 15 percent... and 10 percent of total cash recoveries. The BoG also updated on the monitoring of the committed targets

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  3. Newsletter 100 - 16/12/2016

    Newsletters

    to total jobless hikes ELSTAT figures showed the non-seasonally-adjusted unemployment rate dropped... decline in the previous month. Moreover, the percentage of long-term unemployed to total jobless hiked... available. Part time employment remained stable quarter-on-quarter, at 9.7 percent of the total employed

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

    EconomyMacroeconomy

    . 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..., namely wholesale and retail trade (17.8 percent of total), agricultural (12.2 percent

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  5. 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... security contributions. The total stock of unpaid taxes climbed to 94.2 billion euros at the end... 2010. The total stock of overdue contributions, including those below the 5,000-euro threshold

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  6. Job hirings of 11,132 in Dec; 2016 net hirings at record high since 2001
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    and outweighed a total of 144,004 departures, of which almost 57 percent related to lay-offs. Full... total hirings rose to 58.5 percent in December from 57.1 percent in November, while that for departures... and shift work accounted for 40.1 and 14.6 of total hirings, while full time employment made up 45.3

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  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... thereafter in a foreign currency. The total volume of the transactions under review is significant. Deutsche Bank is said to have found a total of $10 billion of suspicious trades in Russia, including $6

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  8. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    public consumption fell by 1.2 percent leading total consumption up modestly by 0.5 percent. According... of the total GDP figure. Investments strongly rebounded by 6.1 percent in the 9-month period, accounting for 12 percent of GDP, while the EC foresees a slighter growth of 4 percent for the whole year. Total

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  9. Bill for out-of-court workout ready but may need tweaks

    EconomyProgramme

    in the mechanism if their total debt (tax, contributions and bank loans) exceeds the 20,000-euro mark... debt being eligible. The government sees a total of 403,000 firms being able to benefit from the out... figure is likely to be much lower. It is pointed out that out of the total tax debt of 81.38 billion

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  10. Limited arrears clearance in first two months of 2017

    EconomyMacroeconomy

    Greece cleared arrears of just 48.6 million euros in February, bringing the total figure to 68.3.... Of the total amount for February, 28.1 million relate to arrears’ clearance of the five general...’ clearance stood at 3.13 billion. As we noted, around one third (1.03 billion) of total gg arrears

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