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Slight rise in deposits for March but outflows at 2.2 bln for 2014
EconomyMacroeconomyoffsetting savings outflows of 294 million. Since the beginning of this year, total outflows stand at 2.21.... In contrast, time deposits showed inflows of 1.28 billion for the year to date. Total deposits... positive flow of 1.27 billion and 816 million respectively. The total amount of deposits that have
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Tourist arrivals in Greece up 18.7 pct in 2013 but lower average spending points to missed potential
Economyof total employment). The long-term target points to 389,000 jobs by 2024 implying an increase... two years. Nevertheless, its share of total travel spending remained relatively low at 5.2 percent.... For 2014, SETE expects total arrivals and receipts at 18.5 million and 13 billion euros respectively
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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomy, corresponding to more than two thirds of total debt, while long term bonds stood at 68.16 billion (21.2 percent of total) and T-Bills at 14.98 billion (4.7 percent). Guarantees In addition, the stock of gg..., which amounted to 46.25 billion at the end of May. April and accounting for 70 percent of total
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How Greek banks' capital needs could be reduced by 2.3 bln
Economybillion. Note that NBG’s total DTA consideration stands at 4.5 billion euros, which means the bank... that under the current legislation a total DTA consideration of 2.3 billion euros (20 percent of the total DTA amount of 11.5 billion – equivalent to 2-year phase out) could not be recognised as CET1
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GSEE report stresses risks on employment and the pension system, outlines burden on wages
Societyof employed being reduced by 20 percent. The report also stresses that the total reduction in the unit... with its share to total employment at 20 percent from less than 6 percent before. This is more pronounced in new hirings, where flexible forms of work accounted for 46.4 percent of total in 2013 from 21
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Percentage of Greeks at risk of poverty or social exclusion edges up to 35.7
Societyis calculated as the percentage of persons (over the total population) with an annual equivalised... (including pensions) make up 44.6 percent of the total equivalised household disposable income... less than 20 percent of their total work potential during the past year) amounted to 1.2 million
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Greece changes banks' DTA conversion law to secure ECB/EBA approval
Economyshares (capital increase) for a total amount resulting from the formula: DTC over capital times... percent of total), and the bank reports pre-tax loss of 1 billion, then the bank will proceed... to total capital. Banks face a risk from the dilution that would occur during the exercise of conversion
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The politics of debt dynamics in Greece
Agorafor Greece of 174.8 percent or a total of 318.6 billion euros. The revised projection of the IMF... of the total volume of accumulated sovereign debt is critical in this respect. We need to emphasise the trend and not the overall total number. The increase in the ratio of Greek public debt to pre
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Regional airports deal represents biggest privatisation yet for Greek government
Economyadjusted to the consumer price index, which brings the total consideration to 2.15 billion at current..., Mytilini, Mykonos, Samos, Skiathos. In 2013, these airports served a total of 19.1 million passengers..., HRADF has completed 18 privatization projects in the last 3 years with total proceeds of 5.36 billion
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Six in 10 Greeks earn less than average salary of €1,022 in private sector
Society. The data, drawn from the ministry’s Ergani database of hirings and dismissals, put the total number... that the total gross monthly wage bill in Greece amounts to 1.595 billion euros, up 5.35 percent on last... and 45–64 year-old cohorts went up from 6.49 to 6.91 and 27.67 to 28.43 percent of the total
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