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  1. Income inequality in Greece has grown during crisis, OECD report shows
    Photo by MacroPolis

    Society

    , the bottom 40 percent owned only 3 percent of total household wealth in the 18 OECD countries with comparable data. By contrast, the top 10 percent controlled half of all total household wealth..., accounting for 60 percent of the total. Moreover, 73.2 percent – the highest rate in the OECD 26

    3%

  2. Deposit outflows eased to 3.86 bln in May, balance below 130 bln

    EconomyMacroeconomy

    ), while the remaining one-quarter was sent abroad. It is noteworthy that total deposits - which also take... that the total of 3.27 billion of gg outflows in the March-May period is mainly related to transfer...’ at 2.02 billion. The considerable total withdrawals (including both the private sector and gg) of 40.73

    3%

  3. The lenders proposals on debt and funding needs that Greeks will vote on in referendum

    EconomyProgramme

    with a potential IMF tranche of 3.5 billion, bringing the total amount that could be disbursed to Greece... and 5.5 billion to payments to the IMF. The total of 15.5 billion euros coupled with the primary surplus... actions. From the total tranche amount of 4 billion, 3.5 billion would be used for debt servicing

    3%

  4. This is what the Eurogroup is proposing as a basis for a third Greek bailout

    EconomyProgramme

    the total financial envelope. · To address the challenges of the Greek banking sector, the total... and thus void increasing the total financing envelope. A comprehensive assessment will be conducted after

    3%

  5. What this week's VAT changes mean for household budgets and public coffers
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    EconomyProgramme

    Goods (IELKA), basic food products correspond to 57 percent of total food purchases. This means... in a rise in their retail price by 8.8 percent, assuming that new rates are passed on in total to retail prices. The study shows that the estimated total burden on the average household from the VAT

    3%

  6. More than a fifth of Greeks materially deprived, survey finds

    Society

    in making ends meet with their total monthly income. Just over a quarter (27.4 percent) of the total... households. And, apart from home loans, just over half (51.8 percent) of the total households stated

    3%

  7. Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003

    EconomyMacroeconomy

    , the aggregate figures for the 8-month period that started last December displayed total outflows... billion), in February (7.63 billion) and in June (7.58 billion). Total deposits - which also include... since November 2003. The negative flow of total deposits reflects private sector and other euro area

    3%

  8. Study shows deep impact of capital controls on retail sector
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    Economy

    percent of total respectively. This means that due to the imposition of capital controls there was a significant differentiation in customers’ behaviour, with cash payments (as a percentage of total... sector reached 36 percent this year outpacing those via cash that stood at 33 percent of total.

    3%

  9. Newsletter 42 - 11/09/2015

    Newsletters

    injected into the systemic banks, the resolution cost of non-core banks reached a total of 15..., of the total financial envelope of 50 billion that was earmarked for Greek bank recapitalisation... proceeded with capital increases of 8.3 billion in total, with the cancellation of HFSF pre-emption

    3%

  10. Greek bank recapitalisation: The story so far and what lies ahead
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    Economy

    into the systemic banks, the resolution cost of non-core banks reached a total of 15 billion, with the bulk related to ATEbank (7.5 billion) and TT Hellenic Postbank (4.2 billion). Thus, of the total financial... with capital increases of 8.3 billion in total, with the cancellation of HFSF pre-emption rights fully

    3%