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Bank of Greece reveals lenders' NPE challenge and sets out path to recovery
EconomyMacroeconomy, liquidations at 11.5 billion (10.8 percent), loan sales at 7.4 billion (6.9 percent) and collections at 6... percent of total NPE reduction, corporate 16 percent, small businesses and professional 15 percent
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Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
Economy. The absolute figure landed at 947 billion US dollars in mid-2016, down by 6 billion from the mid-2015... amounted to 92,804 dollars, around 15 percent higher than the European average. The breakdown
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Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
EconomyMacroeconomyand 15 percent of hirings related to part-time and shift-work, respectively, meaning that flexible type of work made up close to 6 out of 10 hirings in November. The share of males among total hirings
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
Economy), Mytilineos (+6 percent) and Jumbo (+3.8 percent). On the flipside, METKA recorded the biggest losses.... National Bank (NBG) said on December 15 it repaid the contingent convertible bonds (CoCos) worth 2.03
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Special ELSTAT report reveals dramatic changes in labour market since 1980s
EconomyMacroeconomythan that for women (-6 percent). Men’s participation in the labour force dropped by 4 percent over... showing significant change in the last 15 years. Specifically, the share of employees to total employed
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Institutions back in Athens to resume review, agree new measures
EconomyProgrammeto 13 percent) and energy (from 13 to 6 percent). The IMF recently noted that the reduction... of Directors of HCAP, which consists of seven members who assumed their duties on February 15, while
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Stocks dip by 0.2 pct, lack of trading activity continues
Economydrops were recorded by Piraeus Bank (-6 percent), Eurobank (-4.8 percent) and National Bank – NBG... posted inflows of 15 million in the 2-month period. Corporate news Piraeus Bank postponed the release
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Newsletter 118 - 12/05/2017
successive month by 6 bps to 4.47 percent, which is a new record low since 2002. The employment balance... of 2.7 pp was recorded among 15 to 24 year olds (47.9 percent), while the unemployment rate for the next
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Stocks up by 4.7 pct, rising for third straight week
Economyof the year. The banking index rose to its highest level since June 6, 2016 on Thursday but investors... to date. Double-digit gains were recorded by Motor Oil (+15 percent), Hellenic Petroleum (+11
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Govt hopes counter-measures, debt relief talks enough to escape multi-bill maelstrom
PoliticsGreek Politicsthere will be a final agreement next week or whether more discussions will be needed, making the June 15 Eurogroup... of Centrists garners 8 percent, To Potami 7 percent and Independent Greek 6 percent.
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