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  1. Greece tax wedge rises two places to 13th highest among OECD countries, report finds

    EconomyFeatures

    security contributions together account for 69 percent of the total tax wedge, compared with 77 percent of the total OECD average tax wedge. While the tax wedge for a worker with children may be lower

    2%

  2. Hirings balance positive by 43,737 in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , there were 12,121 fewer hirings. Total hirings came to 202,157 versus 158,784 departures. Just over 57.... On an aggregate basis, full-time employment came to 45.6 percent of the total, compared to 41.6 percent

    2%

  3. Fiscal data points to primary surplus of 4.4 pct in 2018, beating target of 3.5 pct
    Photo by MacroPolis

    Economy

    methodology are not presented by ELSTAT. In 2018, Greece produced a total surplus of 1.99 billion which... to 176.2 percent of GDP, from 176.1 percent previously, and the total surplus of the year revised

    2%

  4. NBG reports net profits of 131 mln in Q1, accelerating profitability
    Image via www.nbg.gr

    EconomyBanking

    in Q4. The total Greek deposit yield was unchanged QoQ at 40 bps, while the loan yield came to 379 bps... eliminated Emergency Liquidity Assistance. The total amount currently consists of TLTRO funding from

    2%

  5. Current account deficit widens in March due to deteriorating goods trade balance
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    a year ago. Total exports of goods in March reached 2.7 billion euros, against 2.82 billion in March.... At the same time, total imports reached 4.2 billion euros, from 4.5 billion euros last year

    2%

  6. April hirings balance positive by 110,895, aggregate balance highest on record
    Photo by MacroPolis

    EconomyMacroeconomy

    10,649 more hirings than firings in April 2019. Total hirings came to 282,181 versus 171,286... to 49.5 percent of the total, compared to 38.8 percent for part-time work and 11.7 percent

    2%

  7. Deposits up by 1.54 bln in April, rising for second consecutive month
    Photo by MacroPolis

    EconomyMacroeconomy

    deposit total since December 2018 when the figure came to 3.15 billion. The outstanding balance... with savings inflows of 841.2 million. These were offset by sight outflows of 652.2 million. Total deposits

    2%

  8. PBO sees fiscal target being reached despite expansionary measures
    Photo by MacroPolis

    EconomyProgramme

    , reaching 4.4 percent of GDP, and the fifth highest overall fiscal performance with a total surplus... the committed fiscal target at risk. The General Accounting Office had estimated the total cost

    2%

  9. Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
    Photo by MacroPolis

    EconomyBanking

    , with the NPE coverage ratio standing at 47 percent for the group. The bank listed a total of 4.7 billion euros... platform. A total of 401 auctions were carried out in Q1, with a success rate of 32 percent. P&L

    2%

  10. GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY

    EconomyMacroeconomy

    of the total figure in Q1, with private consumption representing 67.9 percent of the headline GDP number. Government spending represents around 19.8 percent of the total. In its Medium Term Fiscal

    2%