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  1. Athens plans to use cash buffer to create fiscal leeway for expansionary measures
    Photo by MacroPolis

    EconomyProgramme

    million euros, while the impact of the measures in 2021 is estimated at a total of 1.22 billion euros, followed by 2.33 billion in 2022. This comes to a total of 5.5 billion euros over the next four... 1.9 billion euros, is added to this the total amount comes to almost 7.5 billion euros. According

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  2. Unemployment for Feb comes to 18.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    employed increased by 90,531 or a rise of 2.4 percent. Total employment reached 3.83 million people... compared with February 2018 (-1 percent). The total inactive population now stands at 3.25 million... hirings. Total hirings came to 202,157 versus 158,784 departures. Ergani noted that the balance

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  3. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    quarter of last year are priced higher than the total portfolio, stimulating the NII dynamics... wholesale funding cost impact following the total elimination of Emergency Liquidity Assistance (ELA... funding in mid-July 2018, meaning ECB funding makes up the total current sum. Management said

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  4. Regling underlines concerns about fiscal target after voter-friendly measures

    EconomyProgramme

    between March and August 2018, which took the total of the third programme to 61.9 billion euros... the programme was agreed in 2015. Of the total funds allocated for the third programme, 7 billion euros... up to cushion it in the post-programme period. The ESM estimates the total cash resources of Greece

    2%
  5. Travel balance falls by 4.1 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    percent to 50,700. Finally, visitors from Russia fell by 15.1 percent to 11,800. In total, arrivals... outside the EU showed an increase of 12.7 percent to 1.2 million. In total, arrivals rose by a slight 0.5..., international arrivals at Greek airports rose by 12.9 percent. In total, road and air arrivals

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  6. Greek banks maintain focus on key areas as elections approach
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyBanking

    euros earlier in June and attracted bids of over 850 million euros, with a total of 135 investors... in the international debt capital markets with the aim of increasing Piraeus Bank’s total capital... worth a total of 27 billion euro via a special purpose vehicle. Intrum and Piraeus agreed to form

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  7. Unemployment falls to 17.6 pct in April, dipping under 18 pct for first time since Jul 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 74,993 or a rise of 2 percent. Total employment reached 3.89 million people. ELSTAT’s...). The total inactive population now stands at 3.22 million. The unemployment rate among women fell by 2.7..., there were 2,213 fewer hirings than departures. Total hirings came to 289,489 versus 258,082 departures

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  8. Preventative medicine, support for vulnerable form backbone of ND healthcare package
    By Natasha Pandazopoulou/Fosphotos

    PoliticsGreek Politics

    spending outpaced the country’s growth rate, with total expenditure on health rising from 14.7... was reined in considerably in the years following 2009. According to Eurostat, total expenditure... the total drug spend down to 3.8 billion. These spending cuts came at a price to the public. A study

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  9. ND moves on to next bill after first round of tax cuts approved
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    more than 1 million euros are less than 15,000 of 7.3 million taxpayers in total and that their tax relief will be 22 million euros out of a total 465 million euros. He argued that 67 percent of the total reduction would be enjoyed by those owning properties worth less than 200,000 euros. Staikouras

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  10. Unemployment falls to 17.2 pct, stays below 18 pct for second month
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    . Year-on-year, the figure for those employed increased by 81,995 or a rise of 2.1 percent. Total... compared with April 2018 (-0.5 percent). The total inactive population now stands at 3.20 million... for the month on record after July 2015 when a negative balance of 16,658 was noted. Total hirings came

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