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Income inequality in Greece has grown during crisis, OECD report shows
Societyyears, with the top tenth of society earning 12.3 times more than the poorest in 2012, up from 10.5... concentrated at the top than income, exacerbating the overall disadvantage of low-income households. In 2012.... This group fared considerably worse than the median and the top 10 percent. The impact
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Newsletter 65 - 04/03/2016
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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Newsletter 78 - 17/06/2016
on the evolution of the Greek banks’ non-performing exposure (NPE) ratio, which increased by more than 4... period showed a primary surplus of 2.27 billion, up by more than 50 percent from last year... of the latest bailout tranche should bring. However, it is not likely to be anything more than a brief
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Newsletter 90 - 30/09/2016
percent to reach 28.02 billion, 363 million higher than target, although August’s target included... is a crucial month for revenue collection, since individuals are due to pay a total of more than 1.8... and sight accounts, respectively, more than offsetting a negative flow of 1.62 billion from savings
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NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
EconomyBanking, falling by more than 13 percent, or 12.6 billion, from the 94.4 billion figure at the end of 2017.... With the drop of NPEs outpacing the deleveraging in the system that saw loans drop by 10 percent during..., representing 22 percent of NPEs, however more than 67 percent of these loans have not been serviced for more
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Polls show Golden Dawn support dropping after murder, New Democracy profiting most
PoliticsGreek Politicsvoters but remained the fifth most popular party with 5 percent, behind PASOK on 6. More than 13... for New Democracy fell from 20.1 percent to 19 percent and SYRIZA saw its ratings drop from 20.5... 5.3 to 4.3 percent. The only two parties that saw their ratings rise were former coalition partner
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How Greek banks moved into a new era
Agoratimes higher than the 3.1 billion raised by private investors last year. Since the HFSF did.... The highest quarterly NPL increase was posted by Eurobank, which saw a rise of 1.5 percentage... increase, Piraeus shares saw a modest increase of 6 percent, while Eurobank and National shares have
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Greece's biggest problem? Society's lack of openness
Agorabeen cited as being central to its malaise. Conservatives saw in the country a textbook case... of the private sector. Some analyses went a little deeper and saw clientelism as the core pathology, an acid.... The lack of openness took many other forms, less virulent than racism but, in their cumulative effect
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Divided we fall?
AgoraAntonis Samaras became the arch-proponent of the anti-memorandum line, feeding the populism that saw... fed antagonism. Samaras's New Democracy cultivated the "theory of the two extremes," which saw... and vanishing trust were annoying side effects of the programme rather than developments that fundamentally
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Economic situation biggest worry for Greeks, latest Eurobarometer shows
Societyfound that only 16 percent of respondents in Portugal and 27 percent of respondents in Greece saw... percent), Germany (55 percent), Estonia (54 percent) and Denmark (50 percent). Yet, more than three... percent) to Slovakia (57 percent), saw it as a bigger problem in their country. Greece’s economic
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