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  1. Greek teachers low paid, but work shorter hours in smaller classes
    Photo by srgpicker via Flickr https://flic.kr/p/3zZRnQ

    Society

    their careers, rising to €25,752 at the end of service. In Greece, the report underlined, less than 5... teachers also spent much less time teaching than many of their peers. While public primary school... per day, on average, compared to more than five hours in Chile, Colombia and Latvia. The report noted

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  2. Newsletter 65 - 04/03/2016

    Newsletters

    to a recession of 0.3 percent for 2015, which is lower than the initially published 0.6 percent. Although GDP contraction in 2015 is higher than the government and EC forecast of zero growth, it is notably lower than the initial estimate incorporated in the third bailout programme of a recession of 2.3

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  3. Newsletter 86 - 26/08/2016

    Newsletters

    ) than those for older houses, which fell by 0.5 percent QoQ and 2.3 percent YoY. Prices of new apartments decreased at a faster pace than those for older houses. Bailout loans at highest levels Greece’s..., the most marked rise was in marriages of more than 10 years, where divorces increased from 8,334

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  4. Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4

    EconomyMacroeconomy

    to September. Meanwhile, tax refunds were 31 million lower than the September target, but the 9-month... at 34.83 billion, 1.06 billion better than target. As we have previously noted, September was one... of the corporate income tax. We understand that higher than targeted revenues in September could

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  5. In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    ’ (performing or past due less than 90 days) NPEs widened to 27.6 percent of total NPEs in the first half from 26.2 percent in December, while performing exposures past due less than 90 days fell to 12.2... past due more than 90 days as well as denounced loans accounted for 28.3 and 44.2 percent of NPEs

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  6. Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    at the end of 2016 from 348.77 a year ago. The decline largely reflects a drop by more than 26 billion.... The qualitative characteristics revealed that the ‘unlikely to pay’ (performing or past due less than 90 days... performing exposures past due less than 90 days slowed to 10 percent of performing exposures

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  7. Report highlights latest living conditions and demographics in Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    longer than their male counterparts, they enjoyed fewer healthy years. Of the 21.6 years additional life expectancy, just 6.8 years of these are calculated as being healthy years, 2.8 years less than... since 2007 than those for men. Marriages According to the report, civil marriages overtook religious

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  8. Greek household expenditure falls by another 2.5 pct in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    with one person aged 65 and over, expenditure was 54.5 percent lower than the average monthly... per month than the average for the country, while for households with three children or more up to 16... areas spent on average 22.5 percent less than those in urban areas. Inequality The survey showed

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  9. Labour market reforms did exactly what they were supposed to
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    labour costs since euro adoption had increased by 35 percent, compared to less than 20 percent in the euro area. Greece’s minimum wage was higher than countries that would be considered peers, 50 percent above Portugal’s and 17 percent higher than the minimum wage in Spain. By 2009, total exports were

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  10. EU disunity on refugees and its poisonous effects
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    states, rather than the EU, to come up with solutions. The proposals were treated as an affront... 2016 and September 2017, just 73 people a month were returned on average, which was much lower than... of migrants sent back by Greece to Turkey under the agreement with the EU stood at less than 2,000

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