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Eurosystem funding drops by 699.8 mln in September
EconomyMacroeconomyaccording to the monthly Bank of Greece's (BoG) financial statement. The total for central bank funding... of 700 million euros in European Central Bank (ECB) funding, bringing the total to 7.51 billion... funding declined by a total of 4.72 billion euros. This stems largely from ELA funding falling by 3.57
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Newsletter 244 -20/03/2020
, six people had died in Greece after contracting Covid-19 and a total of 464 were confirmed... Authority (ELSTAT) based on figures from the last complete data series as of 2017, a total of 251,419... losses for the total industry due to the coronavirus had so far come to 522 million euros. The survey
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General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln
EconomyMacroeconomyeuros, bringing the total figure to a surplus of 171 million euros. The equivalent figure for the same... largest fall was in sales of non-financial assets with a decline of 1.33 billion, taking the total... taking the total to 17.87 billion. Other revenue showed a milder decline of 130 million euros, while
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Traditional sectors carry burden of job creation as unemployment levels fall
EconomyMacroeconomyinitiatives to stretch out a safety net below the labour market are included, the total came... the total over the period to 7 billion euros, from a combined spending package of 22.6 billion euros... of total employment, wholesale and retail jobs are over 17 pct of jobs and manufacturing is just shy
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Labour database shows 8 in 10 workers earn less than 1,200 per month
Economythan 10 workers, some 262,634 companies out of a total of 298,255. Around 10 pct employ between 11 and 50. This leads to a total dominance of SMEs in the Greek economy, with more than 98 pct... employees. SMEs also have a significant portion of total employment as companies with up to 4 employees have
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Newsletter 458 - 04/04/2025
. The total fiscal cost of the intervention is 268 million euros and about 60 pct of the amount emanates... 1 million passenger vehicles to the US, which in 2023 reached a total of over 40 billion euros, representing roughly a quarter of EU total car exports. The EU’s total iron and steel exports in 2024
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Business landscape dominated by SMEs, six in 10 workers earn below 1,200 euros
EconomyMacroeconomyof companies employing between 1-10 employees, with 267,245 companies out of a total of 304,568 registered companies in 2025. The total number of companies increased in 2025 by 3,454. Another 10.4 pct... 15 pct of the total. Another 11 pct of total employees is employed by firms with 5-9 workers. Some
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Wage ruling gives gov't immediate fiscal headache, political one may come later
PoliticsGreek Politicsprovided a breakdown of the figures, which total just over 480 million euros: - 89.4 million... on wage maturities If this proves to be correct, the government faces a challenge in finding... program review being carried out by the troika. It has struggled to reach this amount so finding
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Stress mounts ahead of ECB's tests on Greek banks
Economybanks proceeded with capital increases after the BoG announcement, raising a total of 8.3 billion... at the baseline, which was the binding scenario for capital shortfalls, and 9.4 billion under the adverse... reservations regarding the BoG stress test outcome. The first relates to the binding scenario with IMF noting
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Piraeus port privatisation moves a step closer
EconomyBankingfor investments of 300-350 million in OLP over the next five years. OLP total market value in the Athens...The deadline for the submission of binding bids for the acquisition of a 67 percent stake..., press reports indicate that only COSCO submitted a binding offer on Monday. COSCO, one of the largest
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