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Referendum call stretches state liquidity, pensioners first to bear the brunt
EconomyProgrammeproviding any further details. For the total of around 368,000 OAEE pensioners, the total monthly... to the latest official data for May, the total monthly pension cost stands at 2.35 billion and concerns 2.66... half of the public servants’ wages by the middle of the month. For a total of around 700,000 public
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Income inequality in Greece remained high in 2013
Society. The data shows that the income quintile share ratio, or S80/S20, of the total of equivalised disposable... of total national income from 2012 to 2013 from 47.1 to 47.6 percent. That represents the third highest... bracket, controlled 43.4 percent of the total national disposable income, a decrease of 0.7 percentage
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A breakdown of what Tsipras and European lenders agreed to
EconomyProgrammetotal of 50 billion. Half of this amount will be used for the repayment of banks’ recapitalisation... fiscal path or higher privatization proceeds. In addition, restoring market access could lower the total financial envelope. · To address the acute challenges of the Greek banking sector, the total
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A breakdown of the funding needs involved in Greece's third bailout
EconomyProgrammegovernment, raising total the debt amortisation figure to 35.9 billion. Another debt-related element... to build-up state deposits. Overall, these five contributors to gross financing needs amount to a total of 90.2 billion, of which debt amortisation makes up 40 percent of the total, bank recapitalisation
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Greek QE eligibility? We're not there yet
Agorabillion and T-Bills of 3.5 billion. The total amount stands at 16.5 billion euros (face value), while...) and the Agreement on Net Financial Assets (ANFA) respectively, held a total of 27.18 billion euros in Greek bonds, corresponding to more than 40 percent of total. Of this amount, 19.87 billion relate
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Pension reform to be one of new government's toughest challenges in next weeks
EconomyProgrammeofficial data provided by the Labour Ministry for May, the monthly cost for the total of 2.66.... These pensioners receive a total of 2.91 million main pensions with a monthly cost of 2.07 billion, implying an average main pension at 714 euros. In addition, pensioners receive a total of 1.65 million
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NBG strengthens capital at deep discount, falls short of initial target
Agora. The bank said it has raised a total of 1.17 billion euros so far, including the outcome... billion. Since the bank aims for state aid to cover its total capital needs, the remaining bonds from... and including the burden sharing measures (bail-in), NBG would strengthen its capital by a total of 1.77
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Deposit flow remains negative for the second straight month with outflows of 390 mln in November
EconomyMacroeconomyentered into a period of political instability, display total outflows reached 44.48 billion over this period. Total deposits - which also incorporate general government (gg) as well as euro and non-euro... in October. On top of private sector, the total deposit negative flow includes gg inflows of 1.15 billion
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Is Regling right to be concerned about Greek liquidity?
AgoraStrategy that will set out the coming years’ austerity measures. The total figure of IMF obligations... billion euros. The total figure for the first two months of the year is approximately 1.7 billion euros. March interest obligations stand at 750 million, bringing the total quarterly interest bill close
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Central gov’t debt rises to 321.3 bln in Q4, financial aid loans at new high of 220.4 bln
Economyalmost 69 percent of total central government debt. On top of bilateral (52.9 billion) and EFSF... unchanged at 14.88 billion making up 4.6 percent of total, while repos edged up to 10 billion... to 7.42 billion at the end of Q4. Within Q4, EIB issued 3 bonds with a 15-16 year tenor for a total
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