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  1. Fresh reminder about pending reforms for Athens, which remains confident on goals
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    that will strike a balance between protecting working class homes from repossessions but also flushing out strategic defaulters. “This is a difficult balance to strike and it needs a bit more work,” he told

    3%

  2. Record year for company launches in 2018, small enterprises continue to dominate

    EconomyFeatures

    Data from the General Commercial Register database (GEMI) has shown that 2018 was a bumper year for companies being launched in Greece compared to companies being closed with the highest balance... that the largest negative balance came in 2011, with 72,583 more companies ceasing activity

    3%

  3. Unemployment rate at 18.5 pct in Nov as jobless drop below 900,000
    Photo by MacroPolis

    EconomyMacroeconomy

    to 184,941 versus 178,971 departures. In the aggregate period, the employment balance showed 141,003... the balance for 2018 as the second highest on record for Ergani since their series began in 2001

    3%

  4. European Commission report due to set tone for build-up to March 11 Eurogroup
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    to tackle the pile of NPLs on banks’ balance sheets. The Greek government has sent the plan, put together... the banks’ balance sheets of 15 billion euros of NPLs. Czurda said that the NPE ratio would have

    3%

  5. Unemployment rate falls to 18 pct in Dec, lowest since July 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    period, the employment balance showed 141,003 more hirings than departures, below the full-year figure for 2017 by 2,542 places. This marks the balance for 2018 as the second highest on record

    3%

  6. Eurobank net profits from continued operations fall by 12.2 pct in 2018
    Image via www.eurobank.gr

    EconomyBanking

    -reduction plan and reducing the impact on its balance sheet. In a statement, the bank said..., with a cost of risk of 1.89 percent in 2018 versus 2 percent in 2017. Balance Sheet Eurosystem funding

    3%

  7. IMF sees Greece on course to meet fiscal targets and reduce debt

    EconomyProgramme

    a small deficit of -0.2 percent of GDP, before the balance shifts back to a small surplus in the next... percent of GDP in 2023 and 2024. The cyclically-adjusted primary balance this year is estimated

    3%

  8. Fiscal data points to primary surplus of 4.4 pct in 2018, beating target of 3.5 pct
    Photo by MacroPolis

    Economy

    with ELSTAT specifically highlighting that the calculation of the primary balance for the Economic...-sectors of the general government, the overall fiscal balance was mostly attributed to a substantial

    3%

  9. EC warns budget not on track due to handouts, advises against further underspend
    Photo by MacroPolis

    EconomyProgramme

    front. Last year, the primary balance under the enhanced surveillance definition reached 4.3 percent... dividend to low-income households, the primary balance would have reached an impressive 5.2 percent

    3%

  10. Budget primary surplus reaches 1.78 bln in July, almost double target
    Finance Ministry

    EconomyMacroeconomy

    by 2.15 billion euros. The overall budget balance up to July recorded a deficit of 1.85 billion euros... million. Investment spending last year came to 1.23 billion euros. Overall, the PIB balance landed

    3%