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  1. Out-of-court workout bill prepared amid apparent concern from banks
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    their debts to banks, tax offices, social security funds and suppliers. The minimum amount of total.... Specifically, SME’s NPEs stood at 23.5 billion (59.9 percent of total), small business and professionals’ NPEs at 16.8 billion (67.2 percent of total), while large corporate NPEs amounted to 14.8 billion

    12%
  2. Net job hirings at record high of 38,517 in March, lead to positive balance in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 170,810 in March and outpaced a total of 132,293 departures. Just under half (around 49 percent.... The share of males among total hirings fell below the 58-percent mark from around 61 percent in February... and 14.8 of total hirings respectively. Full-time employment accounted for 46.5 percent

    12%
  3. Material deprivation rises, while poverty risk drops slightly
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    , unchanged from the previous year. The survey also showed that 28.7 percent of the total population lives... at risk of poverty or social exclusion represent 35.6 percent of the total population (3,789,300 persons... in the total disposable household income) for persons aged 18-64 years is 44.9 percent. Excluding

    12%
  4. Collapse of Cyprus talks, "Justice March" raise risk of offshore drilling standoff
    Photo by Fosphotos

    Agora

    the risk of a naval confrontation between Turkey and the Republic of Cyprus when Total of France... in Block 11, which is located to the southwest of the divided island. Total acquired the rights to Block 11 in 2013. In March 2017, Eni announced that it had signed a farm-in agreement with Total

    12%
  5. Net job hirings of 17,128 in September after brief dip
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    improved by 9,340. Hirings came to 261,807 versus a total of 244,679 departures, of which close to 52 percent relate to layoffs. Full-time hirings were below 40 percent of the total in September... among total hirings edged lower to 51.6 percent in September from 55.7 percent in the previous

    12%
  6. Travel balance posts surplus of 3.15 bln in H1 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    share of total expenditure in H1 2017 at 80.7 percent, with corresponding receipts rising by 8.4 percent... trips for health purposes rose by 96.8 percent year-on-year to total 24 million euros. On the other... of Greek home ports. The port of Piraeus captured 48.6 percent of total cruise receipts, followed

    12%
  7. General govt primary cash surplus at 5.34 bln in nine-month, sharp fall in arrears
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 102 million. ​At 45.7 percent​, arrears to SSFs continue to make up the lion’s share of the total... constitute 20.7 percent of the total (931 million). Debt Central government gross debt fell by 1.56... just over 71 percent of the total debt. Bonds edged down to 50.20 billion (15.4 percent of the total

    12%
  8. General govt primary cash surplus at 6.39 bln in October, arrears continue to decline
    Photo by MacroPolis

    EconomyMacroeconomy

    of the total. Arrears Arrears to the private sector (including tax refund arrears) fell by 200... constitute 19.4 percent of the total (832 million). Debt Central government gross debt rose by 3.78... over 71 percent of the total debt. Bonds were reduced slightly to 50.18 billion (15.2 percent

    12%
  9. Net job hirings balance for November turns negative by 39,221
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    to 42 percent of the total. The balance has persistently remained in favour of part-time and shift work... types of work. In November, part-time and flexible types of work made up 58 percent of the total... for the same time last year was slightly higher at 45.5 percent. The share of males among total

    12%
  10. Number of private sector employees rises in 2017 but wages fall
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    companies employed a total of 1.90 million people in 2017. Of this total, 79,043 were employed... up around 13.9 percent of the total, those hiring between 10 and 49 employees accounted for 11.1 percent of the total while there were 584 large firms with over 250 employees each. Following the same

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