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  1. Newsletter 52 - 20/11/2015

    Newsletters

    passed the omnibus bill containing the last set of prior actions to unlock the next sub-tranche of 2... expectancy. Press reports indicate that this would result in a further cut for those pensioners whose total... has dropped by 7.19 billion to 119.38 in total. At the same time, the ELA funding of Greek banks

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  2. Where things stand on the Greek pension reform proposals
    Photo by MacroPolis

    EconomyProgramme

    of the four main pension funds into the Social Insurance Institute (IKA). 2) Unified methodology for social... for a 3-year period by a total of 1.5 percentage points (pp), 1 pp for employers and 0.5 pp for employees... earnings of each employee for the total number of working years after applying a progressive replacement

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  3. Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of the total figure. Investments grew by 2 percent in H1 and are seen increasing by 3.3 and 4 percent... respectively. This dragged total consumption down by 1.6 percent. For the whole year, the Finance.... Total exports declined 11.4 percent in H1, fully attributed to a nosedive in services by 25.1 percent

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  4. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    percent YoY from a much higher growth of 2 percent posted in Q3. Overall, nominal GDP rebounded by 0.4... public consumption fell by 1.2 percent leading total consumption up modestly by 0.5 percent. According... of the total GDP figure. Investments strongly rebounded by 6.1 percent in the 9-month period, accounting

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  5. Newsletter 120 - 26/05/2017

    Newsletters

    struggle for financing A total of 4.55 million euros in pensions were paid in December 2016... the total of 2.63 million pensioners, almost one quarter (24 percent) are over the age of 81 and 31.... This implies that there are around 394,000 pensioners (15 percent of total) who are under the age of 60

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  6. Greeks underwhelmed by deal with lenders, stressing uphill task for Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in Efimerida ton Syntakton newspaper indicated that a total of 67 percent of Greeks view... believe it was “good” or “probably good.” A total of 14 percent is undecided. It is notable... Independent Greeks is polling below the threshold, on 2 percent. The ProRata survey also underlined

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  7. Newsletter 135 - 13/10/2017

    Newsletters

    billion in August. Though the figure is lower than July’s amount of 2 billion, it means that Greece’s total debt obligations, including legacy and new debt, now stands at 98.23 billion euros... coalition MPs did not provide their support. A total of 148 MPs out of the 285 backed all the bill’s

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  8. Newsletter 154 -9/03/2018

    Newsletters

    billion. 2 Unemployment rate at 20.8 pct in Dec Total for the year shows that 107,687 more people were... showed. In December, a rise of 8,378 people employed was noted versus November. The total for those... 2011 where the total number of unemployed has stayed below the 1-million mark. Broken down

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  9. NBG reports net loss of 163 mln in 2017, bad loans continue to fall
    Image via www.nbg.gr

    EconomyBanking

    the sale of unsecured loans. This could be excelled to reach around 2 billion euros, leaving 2.2... the total book is priced at 86 bps, down by four basis points compared to the previous quarter. The total... enterprises, totalling roughly 1 billion euros, which are collateralised. This would bring the total sales

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  10. Newsletter 159 -27/04/2018

    Newsletters

    produced a total surplus of 1.45 billion euros, which translates into 0.8 percent of GDP. The primary... are broadly in line with Greece’s fiscal performance in 2016 when the latest figures report a total... remained broadly unchanged, with a small revision by 0.1 percent higher in the total balance for 2016

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