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BoG report reveals impact on banks’ capital from NPE reduction and loan sales
EconomyBanking-neutral price for NPE sales stands above 40 percent of nominal value for the total NPE stock, at around... that the total of denounced loans with a nominal value of 48 billion euros could be sold at 14 billion (30
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Only 11.5 pct of Greek businesses made web sales in 2016
Societyhave a total turnover of 199.9 billion euros, only 2,488 enterprises reported having received online orders, with the turnover for these sales amounting to 10.2 billion euros, or 5.1 percent of total
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Tsakalotos and Stournaras raise objections to IMF assumptions
EconomyProgrammereturns in 2016 stood above 6 million corresponding to a total population of 10.8 million, which... countries have been defined as the difference between the total amount of expenditures and contributions
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Opening the electricity market and possible introduction of "Small PPC" as part of bailout review
Legalin September, gradually to sell a final of 46 percent of the total production of electricity by 2019... that a mere application of the law as it currently stands (i.e. selling 8 percent of the total
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Greece cleared arrears of 3.1 billion in 2016
EconomyMacroeconomyThe Greek government cleared arrears to the private sector of 565.6 million in December, according to figures published by the Finance Ministry (MoF) on Monday. As a result, the total amount... clearance. Around one third (1.03 billion) of total gg arrears payments in 2016 involve hospitals
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Athens and lenders left with gap to bridge ahead of Eurogroup
PoliticsGreek Politicsthe implementation of the new pension law last year, total state financing of pensions is projected... of financing pension system deficits and not total spending. The comparable figure for Greece is around 5
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Tormenting Greece with a distorted picture
Agorathat it was reclassifying 6.3 billion euros of deposits from private to general government, meaning the total could no longer be directly compared with previous ones. If these 6.3 billion euros are added to January’s total
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Industrial production increases by 7.2 pct in January
EconomyMacroeconomypercent of the total index. Moreover, water supply production rose by 2.1 percent, while... and quarrying production declined by 5.7 percent, but accounts for only a fraction of the total index
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Unemployment rate up to 23.6 pct in Q4, down to 23.5 for 2016
EconomyMacroeconomyfor the second straight quarter to 807,000 in Q4, while its percentage to total jobless fell to 71.8 percent... economic activities: Wholesale and retail trade (18.1 percent of total), agricultural (12.2 percent
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Greek households spend greatest share of income on accommodation in EU
Society, this was double the rate for the total population. Similarly, 52.1 percent of young people were living... conventional dwellings (secondary residences and vacant housing), i.e. 35.3 percent of the total number
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