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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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Why Greece’s ‘also ran’ parties are crucial
Agora151 seats. If the total support for parties not entering Parliament reaches 10 percent, the threshold... million votes, or some 19 percent of the total. Taken together, that made them more successful than New..., a total of 22 parties (including four coalitions) are running in the election. Assuming that seven
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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
Economy. The next T-Bill rollovers for April involve a total of 2.4 billion euros, of which 1.4 billion..., with their total holdings close to 9 billion, according to their disclosure in the conference calls of 2014... last week. We understand that a part of the total amount of 867 million received from the HFSF may
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Why Greece is asking for 1.2 bln back from the EFSF
Agoraby cash. The total cost of bank recapitalisation and resolution reached 40 billion euros. Of this, 25.... Since being established in July 2010, total cash accumulated by HFSF reached 3.62 billion euros... and 10.93 billion were untapped. In addition, total bank recapitalisation and resolution costs of 40
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Smaller rise of 737 mln for unpaid taxes in April
EconomyMacroeconomy, the total stock of new and legacy debt stood at 77.08 billion at the end of April, implying a rise by 3.29 billion year to date. The Finance Ministry (MoF) has indicated that out of the total outstanding... additional revenues of 417 million euros by the end of the year bringing the total amount for 2015 close
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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
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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
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Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
EconomyBanking) involving a voluntary exchange offer for a total nominal value of 877 million euros in outstanding... on October 15 for a total outstanding nominal amount of 593 million bank bonds. If all bondholders... of November. According to Reuters, total capital needs are seen at around 14 billion, while the amount
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingscenario of the stress test. The bank's capital plan has three key pillars aiming to cover total... to cover total capital needs of 4.6 billion will be covered by the HFSF in the form of common shares... billion, CET1 capital 9 billion and CET1 ratio 14.5 percent. Note, though, that the bank holds a total
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Marked improvement for budget execution in Oct, primary surplus outperformance extended
EconomyMacroeconomyis up by almost 1 billion euros, also including the quarterly VAT payment. Total ENFIA revenues.... Overall, total expenditure declined by 4.8 percent in 10-month period to 37.73 billion, significantly outperforming target by 3.17 billion. In addition to the mentioned primary expenditure, total
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