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  1. Jan current account deficit at 1.29 bln, goods and services balances improve
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    came to 2.81 billion euros in January, from 2.91 billion euros in the same month last year. Total imports came to 6.39 billion euros in January, from 6.91 billion last year. At the same time, total... 2025. The total services balance was 328.3 million euros, from 247.8 million last year. During

    3%

  2. Hiring balance stays negative in Jan as new hires drop YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Total hirings in January came to 199,215 versus 217,959 departures. Voluntary departures accounted for roughly 37 pct of the total, with the remaining classed as layoffs and termination of contracts... 2025, the balance was positive with 77,074 more hires, against a balance of 70,349 in 2024. Total

    3%

  3. ECB tests find negligible capital shortfalls at Greek banks
    Photo by MacroPolis

    Economy

    (Eurobank) appearing to have a capital shortfall and even in that case it being less than 18 million euros. The test comprises of two main pillars for the identification of bank’s capital shortfalls. The first is an Asset Quality Review (AQR), with a capital benchmark of Common Equity Tier 1 (CET1) of 8

    3%

  4. Greek banks less reliant on Eurosystem funding in September

    EconomyMacroeconomy

    percent to below 25 percent of total Eurosystem funding from July 2012, reaching its lowest level... to reduce Eurosystem funding to total assets ratio below 15 percent by 2017, while current ratios range

    3%

  5. Greece trying to lay 'phantom' pensions to rest
    Photo by Harry van Versendaal

    Society

    Yiannis Vroutsis said that a total of 51,551 bogus pensions had been discovered with the most... defrauded the fund out of a total of about 10 million euros. In May, Alternate Finance Minister Christos

    3%

  6. Does new troika visit spell fresh drama for Greece? Maybe not

    Economy

    euros were used for last year's debt buyback without increasing the total "financial envelope... year. At the same time, the IMF is scheduled to receive a total 9.1 billion euros in repayments

    3%

  7. Greek banks’ reliance on Eurosystem fell by 2.36 bln in October

    Economy

    percent of total Eurosystem funding from July 2012, reaching its lowest level at 5 percent... troika guidelines, Greek banks should reduce Eurosystem funding to total assets ratio below 15 percent

    3%

  8. A fierce political clash over medicine prices in Greece

    PoliticsGreek Politics

    last year a total of about 5.5 billion euros on some 6,800 drugs available on the local market.... Of the 5.5 billion spent in total last year, more than 900 million (almost 17 percent) was on generic

    3%

  9. Greek deposits slip in October as credit also contracts by 3.9 pct

    EconomyMacroeconomy

    million respectively counterbalancing time inflows of 922 million. Furthermore, total deposits.... Although some (10.87 billion) of total deposit outflows of 89 billion until June 2012 have returned

    3%

  10. Newfound variety helps Greek winemakers enjoy exports boost

    Society

    in the export of Greek goods, which had a total value of 27.6 billion euros in 2012, but there has been... to the USA but these sales account for 13.2 percent of total revenues for Greek wine exports. Greek

    3%