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  1. Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln

    EconomyMacroeconomy

    .[Link to chart - Loans, Total, Balance, Year on Year] The segmental breakdown showed corporate lending... euros with deductions increasing to 47 million in December to a total of 167 million for the whole year

    3%

  2. High unemployment, falling wages damaged sustainability of largest Greek pension fund
    Photo by MacroPolis

    EconomyMacroeconomy

    euros over this period, reducing IKA revenues accordingly. The number of IKA insured fell by a total... but grew to 2.21 million at the end of 2014. The total amount of wages contracted in each year

    3%

  3. Clock ticks on bailout review but big gaps remain between Greece, lenders

    EconomyProgramme

    in contributions e.g. for 1 pp in total. This means that the government has to consider alternative measures... in the implementation process. In addition, the government has to identify measures yielding in total 1 percent

    3%

  4. General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
    Photo by MacroPolis

    EconomyMacroeconomy

    million). The majority of outstanding arrears relates to 2.82 billion euros (51.5 percent of total... stock involves EFSF/ESM/IMF loans of almost 220 billion (69 percent of total). Bonds amount to around

    3%

  5. Unemployment edges up to 24.4 pct in Q4 on seasonal drop in employment
    Photo by MacroPolis

    EconomyMacroeconomy

    of long-term unemployed to total jobless rose for the third successive quarter to 74.3 percent, its highest level since Q3 2014. Part-time employment increased to 9.4 percent of total employed, with 69.5

    3%

  6. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    billion. Thus, we conclude that the total revenue outperformance is attributed to the non-tax..., slightly above target of 1.68 billion. Overall, total expenditure rose by 2.5 percent to 7.94 billion

    3%

  7. Greek tax wedge remained far above OECD average in 2015

    EconomyMacroeconomy

    contributions minus family benefits, while the denominator is the total labour costs comprised of gross... for 82 percent of the total tax wedge in Greece, which is 19 pp above the OECD average of 63

    3%

  8. Gov't unveils bill to overhaul pension system, increase income tax revenues

    EconomyProgramme

    monthly earnings of each employee for the total number of working years after applying progressive... from the beginning of June 2016 until the end of May 2019. A lower rise by a total of 0.5 points

    3%

  9. Marginal deposit inflows of 55 mln in March
    Photo by MacroPolis

    EconomyMacroeconomy

    to the exceptionally high positive flow of 2.65 billion in December. Total deposits - which also... billion. The negative flow of total deposits in March incorporates non-euro area residents and gg outflows

    3%

  10. General gov't figures shed more light on course of spending, revenues during crisis

    EconomyMacroeconomy

    in 2015. The combined effect of higher primary expenditure and lower interest payments led total... the same six-year period by a total amount of 30.76 billion with the deficit landing at 5.6 billion

    3%