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Greece’s downstream oil industry adapts to shifting demands
EconomyFeaturesfor refined petroleum exports with a total of USD 8 billion or 1.3 percent of the global total and 29.9... with the total including indirect employment coming to over 20,000 people. According to the report
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Bank of Greece reveals lenders' NPE challenge and sets out path to recovery
EconomyMacroeconomyof total exposures and have climbed to 108.4 billion or 45.1 percent at the end of June. Excluding... percent of total NPE reduction, corporate 16 percent, small businesses and professional 15 percent... and 10 percent of total cash recoveries. The BoG also updated on the monitoring of the committed targets
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Unemployment rate drops again in Q3, reaching 22.6 pct
EconomyMacroeconomy. In addition, the percentage of long-term unemployed to total jobless hiked to 73.8 percent in Q3, which... broadly stable quarter on quarter at 9.7 percent of total employed in Q3 with around 69 percent..., namely wholesale and retail trade (17.8 percent of total), agricultural (12.2 percent
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Provisions of out-of-court workout bill outlined ahead of submission to Parliament
EconomyProgrammethat a total of 403,000 firms, including sole proprietors, may settle their existing debt... security contributions. The total stock of unpaid taxes climbed to 94.2 billion euros at the end... 2010. The total stock of overdue contributions, including those below the 5,000-euro threshold
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Job hirings of 11,132 in Dec; 2016 net hirings at record high since 2001
EconomyMacroeconomyand outweighed a total of 144,004 departures, of which almost 57 percent related to lay-offs. Full... total hirings rose to 58.5 percent in December from 57.1 percent in November, while that for departures... and shift work accounted for 40.1 and 14.6 of total hirings, while full time employment made up 45.3
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Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
EconomyMacroeconomypublic consumption fell by 1.2 percent leading total consumption up modestly by 0.5 percent. According... of the total GDP figure. Investments strongly rebounded by 6.1 percent in the 9-month period, accounting for 12 percent of GDP, while the EC foresees a slighter growth of 4 percent for the whole year. Total
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Limited arrears clearance in first two months of 2017
EconomyMacroeconomyGreece cleared arrears of just 48.6 million euros in February, bringing the total figure to 68.3.... Of the total amount for February, 28.1 million relate to arrears’ clearance of the five general...’ clearance stood at 3.13 billion. As we noted, around one third (1.03 billion) of total gg arrears
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HRADF declares international consortium highest bidder for 67 pct stake in Thessaloniki Port
Economy. HRADF also said that the total value of the agreement for OLTH privatisation amounts to 1.1 billion. In addition to the financial offer, the total amount includes the mandatory investments of 180.... According to the 2017 budget, total privatisation proceeds are seen at 2.59 billion euros in 2017
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Industrial production improves by another 8.7 percent in March
EconomyMacroeconomyof the total index. Electricity production, which makes up more than one fifth of the total index, rose... of the total index. Furthermore, water supply production edged up 0.4 percent. All five main
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Industrial production edges up 1 pct in April after double-digit growth in previous two months
EconomyMacroeconomy, which retains the lion’s share (around 70 percent) of the total index. Electricity production, which makes up more than one fifth of the total index, grew by 3.7 percent. Furthermore, mining and quarrying production climbed 13.2 percent, but accounts for almost 6 percent of the total index
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