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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

    6%

  2. 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

    6%

  3. 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

    6%

  4. 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

    6%

  5. 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

    6%

  6. Special tax structure would benefit hotels and jobs, bank argues
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    combined represent 46 percent of the total market share in Greece in 2017, up from 30.3 percent in 2004... a tax rate of 24 percent. For all-inclusive services, 30 percent of the total price is subject to 24

    6%

  7. July current account shows surplus of 1.58 bln as tourism drives services surplus
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    prices, total exports of goods rose by 6.9 percent, and total imports by 7.7 percent. In absolute

    6%

  8. Deposit inflows reach 1.30 bln in August on increased sight deposits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 134.7 million. Total deposits, which also include the general government (gg), rose by 2.01... that Eurosystem funding fell by 382.1 million euros in August. August’s movement brings the total

    6%

  9. Banks submit new NPL targets to SSM, with sales leading way in reduction drive
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    billion euros’ worth of bad loans, according to reports in the Greek media. Of the total, 25 billion... at a combined total of around 47.6 percent of the loan books at the end of the second quarter, far higher

    6%

  10. Hirings balance positive by 6,556 in September but momentum slows down year-on-year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Total hirings came to 271,872 versus 265,316 departures. September’s departures were the highest... employment dropped to 47 percent of the total, compared to 40.5 percent for part-time work and 12.5

    6%