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  1. Athens struggles with civil service evaluation, reduction of arrears
    Photo by MacroPolis

    EconomyProgramme

    by the end of the programme on August 20. The total figure still outstanding at the end of March... for reducing arrears but this will depend on Athens having made progress by then in bringing the total

    3%

  2. Marginal increase to 20.8 pct for Feb unemployment rate
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 33,636. Total employment has been standing above 3.7 million since February last year. The figures.... Full-time hirings increased to 55.6 percent of the total, representing the first time since May 2017

    3%

  3. Lower yields for short- and long-term borrowing boost Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for 875 million euros. It received total bids of 2.49 billion euros, including 392 million of non-competitive bids, taking the coverage ratio to 2.84. The total amount accepted was 1.14 billion euros

    3%

  4. NBG makes profit of 20 mln in Q1, NPE stock falls again
    Image via www.nbg.gr

    EconomyBanking

    are collateralised. This would bring the total sales of NPLs by the bank to around 4 billion across... peers. The total Greek loan yield fell slightly to 377 bps from 388 bps in Q4. Fee income fell by 5

    3%

  5. GDP up by 2.3 pct year-on-year in Q1 on strong export growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    consumption represents the majority of GDP, making up 88.1 percent of the total figure in Q1... represents almost 21 percent of the total. The latest MoF budget tabled at the end of 2018 estimates

    3%

  6. Banks meet NPE targets in Q1 but mortgage reductions remain slow

    EconomyMacroeconomy

    loans (target: 50 percent) and 43.9 percent for residential loans (target: 43.2 percent). The total... at an additional amount of 4.7 billion, bringing the total amount of loan sales for the period

    3%

  7. Hirings balance hits new record high of 108,725 in May
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent of the total, compared to 38 percent for part-time work and 12.2 percent for shift work. The share of males among total hirings edged down very slightly to 55.4 percent in May from 55.5 percent

    3%

  8. Lenders set out post-MoU reform tasks ahead for Athens
    Photo by MacroPolis

    EconomyProgramme

    of this year, with a target of 30 percent of total hospital procurement done centrally by mid-2020 and 40 percent of the total by mid-2022. Furthermore, the social safety net reforms that were launched during

    3%

  9. PMI at 53.5 pts in June as Greek manufacturing sector finishes Q2 on a positive note
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    orders in both the domestic and export markets. Total new business increased for the eleventh month... and export markets increased, with total new business nearing 12 months of growth. Export orders have

    3%

  10. If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

    EconomyMacroeconomy

    between 2015-2017. Total card use penetration had a significant positive effect on tax compliance and led to at least 50 percent of total annual VAT revenues increasing in 2017. IOBE notes that if card

    3%