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  1. New pension legislation aims to speed up operations at overwhelmed EFKA fund
    Photo by Angelos Christofilopoulos/Angelos Christofilopoulos

    PoliticsGreek Politics

    at 122,528, with a total cost of 316 million euros. According to the data from the Atlas information.... The number of total retirements in the economy will exceed 200,000 in 2021, with applications up to October having reached 170,000, already equalling the total figure of 2020. EFKA itself expects

    2%
  2. Greek fiscal deficits and debt since 2000
    Photo by MacroPolis

    Agora

    and the total. Greece ran a cumulative deficit of €267 billion over the period 2000-2020. The biggest... that this amounted to a total of €28 billion, mostly concentrated in 2015-2020 during the Syriza... in total, but with a big surge during the period of debt forgiveness in 2010-2015. Why is this so

    2%
  3. Current account deficit widens to 780.8 mln in Oct, led by deterioration in goods balance
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 2.3 billion euros, compared to a deficit of 1.44 billion euros in the same month last year. Total imports came to 5.94 billion euros, from 3.95 billion last year. At the same time, total exports came... 2020. The total goods deficit came to 20.1 billion euros, from 15.56 billion euros in 2020. Exports

    2%
  4. Despite job losses in Q4 2021, year closes with positive hirings balance
    Photo by MacroPolis

    EconomyMacroeconomy

    by the state. During the last quarter of last year, the total amount of job losses came to 151,775... more hires than departures. Total hirings in December came to 193,008 versus 195,606 departures. Voluntary departures accounted for roughly 39 percent of the total, with the remaining classed

    2%
  5. Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    to a deficit of 1.44 billion euros in the same month last year. Total imports came to 6.69 billion euros, from 3.93 billion last year. At the same time, total exports came to 3.95 billion euros, from 2.49... euros in the eleven months, from 10.33 billion euros up to November 2020. The total goods deficit

    2%
  6. Newsletter 325 - 28/01/2022

    Newsletters

    included in the draft budget for 2022 at the end of November by 2.62 billion euros. The total... and the total deficit at 11.52 billion euros, at 6.7 pct of GDP. Having accumulated deficits over... sector incomes, at 799 million euros; and some reduced VAT rates for a total tax reduction of 2

    2%
  7. Central govt debt rises again in Q4, reaching 388.3 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    by roughly 600 million euros. FSM loans continue to make up the majority of the total, accounting... intention to repay in full by the end of March. The weighted average maturity of the total debt fell... (over 5 years) debt made up 74.6 percent of the total, while short-term (up to 1 year) and medium-term

    2%
  8. One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    reported that the sector received record funding in 2021, approaching a total 1 billion USD. The news has... of the total sum invested in the Greek startup universe. At the other end of the scale, the picture... grown by a factor of 10 since 2015, when Marathon VC’s figures start, the total investment remains

    2%
  9. Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
    Image via www.piraeusbank.gr

    EconomyBanking

    90 million euros in 2020. Total operating expenses stood at 933 million, a drop of 14 percent YoY... was 13 pct and 13.1 pct pro forma. The total capital ratio was at 15.8 percent. The pro forma fully loaded CET1 and total capital ratio stood at 8.7 percent and 13.5 percent respectively.

    2%
  10. Newsletter 332 - 18/03/2022

    Newsletters

    qualifying households will get a discount of 22 cents a litre for a total 180 litres of petrol over... bonus will total 324 million, while the transport fuel discounts are expected to add up to 130..., with 99,404 of those past due 90 days and the total fiscal impact to honor those main pensions is 420.42

    2%