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  1. Primary surplus beat target in 2015 on higher revenues and restrained spending
    Photo by MacroPolis

    Economy

    -digit rates for the second straight month, yet the full year figure decreased by 13.3 percent to 2.92.... For the full year, PIB showed a deficit of 1.57 billion, 353 million lower than target. This is fully

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  2. Newsletter 60 - 29/01/2016

    Newsletters

    reforms, the review agenda also covers the full liberalisation of non-performing loans... a remarkable job is being done by some of the Greek authorities who are bearing the full force... islands to prevent them simply moving on en masse to other parts of Europe. On this subject, a lot

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  3. Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln

    EconomyMacroeconomy

    eased to 96.36 billion euros in December. Following the positive flow in December, the full year net.... For the full year, housing net deductions reached 2.44 billion. Consumer credit recorded modest net

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  4. Greek pensions: The unsolvable equation
    Photo by Ivan T https://flic.kr/p/e6FhzZ

    Agora

    of measures were legislated that have a full year effect of 1.1 billion euros, according to the budget... for supplementary pensions to cover the distance to the full 1.8 billion euros in savings. The proposal... took a major hit not only as a result of people dropping out the labour force en masse but also due

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  5. Greek private sector sees net job departures of 9,954 in Jan

    EconomyMacroeconomy

    and 54,786 voluntary departures. Less than half (47 percent) of January hirings relate to full-time... over the past 13 months shows full-time employment at 45 percent of hirings, part-time at 38 percent

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  6. Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues

    EconomyMacroeconomy

    ) corresponding to 2.9 percent of the full year target of 1.26 billion 3) Conditional expenditure of only 58... in January is not indicative of the full year performance, thus it is premature at this time to make any

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  7. Net job hirings of 14,437 in the Greek private sector in February
    Photo by MacroPolis

    EconomyMacroeconomy

    and 47,686 voluntary departures. More than 44 percent of January hirings relate to full-time employment, 40... than 45 percent of the 2-month hirings relate to full-time employment, 40 percent to part-time

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  8. Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
    Photo by MacroPolis

    EconomyBanking

    billion for the full year, on higher funding cost related to increased reliance to the Emergency Liquidity..., the full year figure fell 5 percent to 3.49 billion. Overall, cumulative loan loss reserves reached

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  9. Greece and lenders seen making progress on privatisation fund but not on NPLs

    EconomyProgramme

    250,000 euros) as well as consumer loans (above 20,000 euros), while lenders favour the full liberalisation of the NPL market. In addition, the government has also suggested the full exemption from NPL

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  10. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    : 1) Grants to hospitals (at 156 million corresponding to 9.6 percent of the full-year target of 1.63... of the full year target of 1.57 billion) 4) Transfers to other entities (at 113 million, corresponding

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