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  1. Newsletter 163 -25/05/2018

    Newsletters

    Strategy, which foresees primary surpluses of 3.5 percent until 2022 and pension cuts worth 1... January 1. They will help about 500,000 families cover their rent or mortgage. It is expected

    10%

  2. Credit contraction deepens to 1.9 pct in April, balance at 179.13 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit contraction in the Greek market deepened to 1.9 percent in April compared to a contraction of 1 percent in March, according to Bank of Greece (BoG) figures released on Tuesday. This resulted..., the corporate lending sector’s balance was also negative by 1 billion euros, while the household

    10%

  3. General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    contributions rose by 3.6 percent to 6.98 billion. Expenditure declined by 244 million euros (1 percent... remained unchanged at 2.85 billion, representing less than 1 percent of the total. Guarantees

    10%

  4. Fall in apartment prices decelerates to 0.2 pct in Q1 for slowest contraction on record
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    in apartment prices has remained under 1 percent. Compared to the previous quarter, apartment... to an average drop of 1 percent, improving against the drop of 2.4 percent in 2016. Apartment prices

    10%

  5. Unemployment rate stable at 21.2 pct in Q1
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of unemployed fell below the 1 million mark for the first time since Q3 2011 in Q3 2017, but has since gone... unemployed (over 1 year) declined for a fifth continuous quarter to 684,600. Out of the total, long-term

    10%

  6. Newsletter 166 -15/06/2018

    Newsletters

    under 1 percent. Compared to the previous quarter, apartment prices fell by 0.3 percent versus a rise..., bringing the total for employed to 3.7 million. The number of long-term unemployed (over 1 year

    10%

  7. The race to reduce Greece's bad loans

    EconomyBanking

    and unsecured overdrafts which have not been serviced for around 5 years, coming to a total of 1 billion..., totalling roughly 1 billion euros, which are collateralised. With strong interest in all bad loan sales so

    10%

  8. Income and living conditions survey shows persisting inequality
    Photo by Harry van Versendaal

    Society

    the age of 14. The total population’s risk-of-poverty rate was 20.2 percent in 2017, down by 1 percentage..., falling by 1.8 pps YoY. The rate fell by 1 point for the total population and those aged 18-64

    10%

  9. EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    in the latest baseline scenario is seen levelling off at 1 percent in the long-term, which translates... not allow for optimism regarding real long-term growth in excess of 1 percent. Privatisation proceeds

    10%

  10. Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    to implement the cuts, which aim to reduce pension spending by 1 percent of GDP, might be realised. Moscovici... and reducing the tax-free threshold in 2020 so that another 1 percent of GDP (roughly 1.8 billion euros

    10%