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Industrial turnover fell 13.4 pct in June for second biggest drop since Oct 2009
EconomyMacroeconomyin manufacturing, whilst mining and quarrying turnover soared by 33.1 percent. However, the latter makes up only a fraction of the total industrial turnover with a minimal impact on the overall evolution... activity. “Although manufacturing represents only a small proportion of Greece’s total productive output
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Where we stand in the Greek bank recapitalisation process
Economyby existing or new private investors under a best-case scenario. This scenario assumes total capital needs... support. Of the total of 25 billion euros earmarked for Greek bank recapitalisation, 10 billion has already been disbursed to an escrow account in Luxembourg and would be made available when the SSM makes
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Poverty risk rate in Greece hits high of 36 pct in 2014
Society) of the population found to be in this category, which means they live in a household that makes 60... of poverty or social exclusion, 2004-2013 Year % of total population 2004 30.9 2005 29.4 2006 29.3 2007..., 2003-2014 Year % of total population 2003 16.9 2004 14.1 2005 12.8 2006 11.5 2007 11.5 2008 11.2 2009 11.0
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Newsletter 49 - 30/10/2015
July 2003. Total deposits are at their lowest level since July 2003. Economic sentiment creeps up.... This makes it all the more puzzling that Tsipras actively campaigned to take charge amid this disarray... tested. Tsipras’s task in trying to hold all this together and prevent a total collapse is huge. His
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Government in race against time to resolve bailout issues
EconomyProgrammetaxation on lottery games and particularly KINO, which makes up 85 percent of total lottery revenues... tax results in the targeted tax revenues the net impact on the total tax revenues from OPAP could
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Refugee crisis charade adds insult to EU's injuries
Agorathat since last year, less than 4,500 asylum seekers had been relocated from Greece and Italy, which makes a mockery of the total target of 160,000 by September 2017. Yet, when it comes to the application... so far relocated the sum total of 60 people from Greece and another 14 from Italy, against
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The story behind Attica Bank, the non-systemic lender thrust into the spotlight
EconomyBankingshare of 1.5 percent. The loan breakdown shows corporate loans make up 71.9 percent of total, while... percent to industry. The bank operates via a network of 70 braches (2.9 percent of total) with a staff of 871 employees, which makes up 2 percent of the Greek banking personnel. In 2015, Attica posted
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Industrial production edges up 0.1 pct in September
EconomyMacroeconomyin manufacturing production by 2.2 percent, which holds the lion’s share of the total index with 70 percent. In contrast, electricity production, that makes up almost 21 percent of the IPI, fell by 2.8... on the total index. The biggest drop of 15 percent was posted by mining and quarrying production
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Industrial production growth slows to 2.3 pct in Nov
EconomyMacroeconomy, electricity production (which makes up around 21 percent of the total index) grew by 8 percent... by 7.9 percent in November, but it accounts for just 6 percent of the total index. Four of the five
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Industrial production increases by 7.2 pct in January
EconomyMacroeconomymovement in IPI mostly reflects soaring electricity production (+28.6 percent), which makes up around 21 percent of the total index. Moreover, water supply production rose by 2.1 percent, while... and quarrying production declined by 5.7 percent, but accounts for only a fraction of the total index
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