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  1. 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

    2%

  2. General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at the end of July, constituting 42.4 percent of total arrears. Tax refunds were the next largest contributor, representing 28 percent of the total (1.52 billion), followed by hospitals at 10.1 percent (550... of the total debt. Bonds came to 49.14 billion (15.1 percent of total), T-Bills to 14.92 billion (4.6

    2%

  3. Newsletter 133

    Newsletters

    by 14.9 percent and a drop in direct taxes by 11.9 percent. In total, tax revenues missed their monthly... deposit inflows rose. On a year-to-date basis, flows stayed positive for a second month to total 1.92.... Total inflows came to 1.20 billion in the eight-month period. Total deposits – which also include

    2%

  4. Draft budget highlights taxpayer fatigue, creates policy mix doubts
    Photo by Gerarsimos Domenikos/Fosphotos

    EconomyMacroeconomy

    that this underperformance in revenues will also be more evident when the full-year picture emerges. Total revenues have... euros. This total figure is even lower than in 2016, when it landed at 52.34 billion. In the draft budget, not just the 2017 figure has been revised. The total revenue figure for 2018 has also been

    2%

  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

    2%

  6. 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

    2%

  7. 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

    2%

  8. 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

    2%

  9. Newsletter 144 -15/12/2017

    Newsletters

    time last year (13.91 billion euros). Just over 80 percent of this year’s total (8.48 billion... wholesale and retail trade (18 percent of total), agricultural (11.8 percent), accommodation and food.... Full-time hirings came to 42 percent of the total. In November, part-time and flexible types of work

    2%

  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

    2%