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OECD report paints grim picture for Greece's labour market
EconomyMacroeconomyis clearly depicted in the nominal unit labour cost, defined as total compensation of employees divided... as real GDP divided by total hours worked) in Greece showed a slight rise of 0.4 percent in 2013 after
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How many NPLs in the Greek banking sector are also non-recoverable loans ?
Agorathreshold of 30 percent of its total loan portfolio. In contrast, Piraeus Bank now posts a rather... approximately 45 percent of total loans extended by local banks are currently classified as NPLs
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Greek banks' Eurosystem funding declines by another 53 mln in August
EconomyMacroeconomyto the banks’ first-half announcements, their ratio of central bank funding to total assets stood at 13... percent). Excluding EFSF bonds, their net ECB exposure to total assets is lower by 4-5 percentage
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Tsipras starts to flesh out SYRIZA's economic policy but questions remain
PoliticsGreek Politicsinstalments with taxpayers who are in arrears. At the moment the total tax and social security...- and medium-sized enterprises. Tsipras said these lenders would be given a total starting capital of 3 billion
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‘We’re dying to pay our taxes’
Agoraare in that boat; they’re owed about eight months’ salary in total. Every second or third week, they receive... and his car insurance – in total, that’s some 3,000 euros. It’s the fear of falling off the social
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Increase in car sales accelerates to 44.3 pct in September
EconomyMacroeconomythan half of total motor vehicle circulation licenses, showed a slower growth rate in September...) is in line with the total headline figure. Following a sharp drop of more than 30 percent in each
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Greek travel receipts up 10.3 pct in August as 2014 targets revised upwards
EconomyMacroeconomybillion euro, with August receipts making up almost one third of total. Travel payments increased.... The August surplus contributed just over 35 percent of total. As with the previous month, the hike in travel
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Wealth inequality in Greece has grown at faster rate than eurozone peers during crisis
Societythat the share of total wealth in the hands of the top decile (tenth) lies between 50 and 60 percent... from 52 to 55.6 percent, which means that in both cases the current total is also lower than
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Greece sets out plans for settling SME NPLs; mortgages to come
Economyeach. Total corporate NPLs stand at 40 billion. The government expects that 180,000 firms may benefit... of total bank claims against the firm. If this is less than 50 percent, than the amount of bank
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Car sales still going strong in 2014; up by 33.7 pct in October
EconomyMacroeconomy, which registered 57 percent of total motor vehicle circulation licenses, showed a higher growth rate... (+29.6 percent) in line with the total headline figure. All indications point to a strong double-digit
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