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  1. Newsletter 177 -05/10/2018

    Newsletters

    in the Greek media. Of the total, 25 billion are earmarked for sale or securitisation, 10 billion are due

    13%

  2. Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    euros’ worth of bad loans. Of the total, 25 billion are earmarked for sale or securitisation, 10

    13%

  3. Trade deficit grows by 15.1 pct in August and falls by 1.8 pct in 8-month period
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    deficit, bringing the total shortfall to 14.55 billion. This was driven mainly by a 17.6 percent rise

    13%

  4. Unemployment at 19 pct in July as inactive population increases
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    by 45,057, a rise of 1.2 percent. Total employment reached 3.83 million people, marking the third time

    13%

  5. Building permits rise by 9.8 pct in July, up by 8.4 pct in 7-month period

    EconomyMacroeconomy

    so far. The total number of permits came to 1,521, staying above the 1,000-permit mark for a fifth

    13%

  6. Athens to send draft budget to Brussels after talks with IMF on pensions

    EconomyProgramme

    in September. Of this total, 766 million euros of measures will be on the expenditure side. According

    13%

  7. Primary cash surplus at 17.96 bln in Sept as expenditure for the month falls
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that revenues rose by 1.74 billion euros to 35.80 billion euros against last year’s total of 34.07

    13%

  8. Athens and lenders yet to agree on how to drop pension cuts without creating fiscal gap
    Photo via http://www.delphiforum.gr/

    EconomyMacroeconomy

    . It also expects an excess surplus of 122 mln next year (total primary surplus at 3.56 percent of GDP

    13%

  9. Athens aims for November agreement with lenders on pension cuts
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    Income. An additional 50 million has been earmarked for winter heating payments to take the total budget

    13%

  10. Disposable income grows by 3.3 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that employees’ total remuneration grew by 3.4 percent, rising from the previous quarter’s increase of 2

    13%