Search
-
Newsletter 170 -13/07/2018
a decline of 1.1 percent. Total employment remained above 3.7 million. The overall labour force... revealed. June’s reduction brings the total for central bank funding to 16.31 billion euros for the month compared to May’s total of 20.87 billion, taking it under the 20-billion euro threshold
12% -
High number of Covid-19 cases puts strain on government
PoliticsGreek Politicshealth challenge for the government, but also a political one. On Sunday, a total of 284 cases were... almost 550 cases in total over the weekend, with the pattern of Athens and Thessaloniki dominating the table continuing. The total number of deaths has risen to 242, with another 31 people being
12% -
Public sector hires under scrutiny again with more in the pipeline
PoliticsGreek Politicsbeen the sectors hit hardest by the departures, accounting for 44 pct and 22 pct respectively of total retirement applications in 2020, and 53 pct and 20 pct of the total in 2021. The government plans.... Total hires, including temporary staff, could exceed 45,000 in 2022 according to a plan presented
12% -
Government tries to contain fallout from breach of voters' data
PoliticsGreek Politicsgiven the ongoing investigation into a potential data breach at the Interior Ministry. The MEP... Data Protection Authority, the Interior Ministry and a public prosecutor. It was also announced on Friday that Interior Ministry general secretary Michalis Stavrianoudakis and New Democracy’s secretary
12% -
Investigations into voter email leak continue despite denials from government
PoliticsGreek Politicsof separate investigations by the Interior Ministry, a Greek prosecutor and the country’s Data...-Michelle Asimakopoulou from the upcoming EP elections and the resignation of a senior Interior... that the email list was leaked from the Interior Ministry during the tenure of the caretaker
12% -
A fierce political clash over medicine prices in Greece
PoliticsGreek Politicslast year a total of about 5.5 billion euros on some 6,800 drugs available on the local market.... Of the 5.5 billion spent in total last year, more than 900 million (almost 17 percent) was on generic
12% -
GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY
EconomyMacroeconomyof the total figure in Q1, with private consumption representing 67.9 percent of the headline GDP number. Government spending represents around 19.8 percent of the total. In its Medium Term Fiscal... services imports increased by 5.5 percent YoY. The MoF is expecting imports of goods and services to rise
12% -
Piraeus Bank NII at 881 mln in H1 after nearly doubling YoY in Q2
EconomyBankingdropped to 5.5 percent in H1, from 9.3 percent in H1 2022. The NPE coverage ratio was 57 percent... 2023, while normalised trading income was 41 million euros. Total operating expenses stood at 402... percent. Eurosystem funding stayed at 5.5 billion, after a 9 billion euros repayment, from the 14.5
12% -
Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
EconomyBankingin, with 277 million euros in Q3, from 729 million in 9M 2022. Asset quality The NPE ratio dropped to 5.5... was 31 million euros. Total operating expenses stood at 596 million in 9M, from 616 million in 9M last... at 242 percent. Net loans came to 35.82 billion euros. Eurosystem funding stayed at 5.5 billion
12% -
General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomyto the total fiscal outcome. Local governments showed a small cash surplus of 49 million from 273... million (117 million in July) to 2.46 billion euros making up around 43 percent of total. State budget... million corresponding to more than 13 percent of total arrears. Arrears due to hospitals’ suppliers also
12%