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  1. Budget primary surplus at 4.5 bln in 9-month, below target on lower revenues, higher tax refunds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 958 million euros, picking up pace from August’s figure of 520 million euros. The budget balance... by 76 million euros. Revenues Gross revenues went up by 1.6 percent in September, staying positive... billion euros, up substantially against the figure for this time last year (71 million) but still

    4%

  2. Budget primary surplus of 4.54 bln in 9-month below target despite underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    in a row to come to 999 million euros, picking up pace from August’s figure of 520 million euros... percent. Revenues Gross revenues went up by 2.3 percent in September, staying positive for a third... on an aggregate basis. Privatisation proceeds in the aggregate period came to 1.27 billion euros, up

    4%

  3. Newsletter 137 -27/10/2017

    Newsletters

    will be wrapped up without any major complications. Negotiations appeared to progress satisfactorily... to vote on a strike increases to 50 percent. Currently only a third of paid up members have to cast... revenues went up by 2.3 percent, staying positive for a third straight month, and came to 5.73

    4%

  4. Grivalia Properties net profits rise by 87 percent in nine-month results
    Image via www.grivalia.com

    EconomyMacroeconomy

    of the group’s activities showed that rental income stood at 48.1 million, up by 5 percent against last year’s... euros versus 490,000 euros, up by around 49 percent. This was attributed to more efficient cash management. Finance costs amounted to 3.1 million, up by 170 percent compared to the figure for last year

    4%

  5. Clearer picture emerging ahead of stress tests, banks appear confident
    Photo by MacroPolis

    EconomyBanking

    As Greece’s banks gear up for the stress tests at the start of next year, a clearer picture is emerging as the Troubled Assets Review (TAR) is underway and banks are firming up their assessments... in provisioning needs of around 6.5 billion euros, which lenders have already started building up. This cushion

    4%

  6. ECB survey shows enduring preference for cash payments in Greece
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    of sale].” Across the countries surveyed, cash transactions made up 79 percent of all transactions... were less likely than the euro-area average to save money at home as a back-up. The report points... be a reflection of the retail characteristics of Greece - while card ownership went up significantly after

    4%

  7. Number of private sector employees rises in 2017 but wages fall
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    were small operations with up to four employees. Firms employing between five and nine employees made up around 13.9 percent of the total, those hiring between 10 and 49 employees accounted for 11.1.... Around 41.6 percent received a salary up to 1,000 euros, 19.9 percent between 1,000 and 1,500 euros

    4%

  8. Newsletter 147 -19/01/2018

    Newsletters

    up for 2020. The International Monetary Fund has suggested that the reduction to the tax-free... of up to 19 billion euros, with around half coming from the institutions and the other half from..., compared to travel payments which fell by 4.8 percent to 74 million. Foreign visitors were up by 8

    4%

  9. Name and shame
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    is comfortably leading the polls and elections could be coming up later this year, or in 2019 at the latest... one to pass up a chance to play to the nationalist gallery and to shore up the small pool... be raised if an agreement with Skopje is reached and he ends up supporting it to ensure that the coalition

    4%

  10. Three in 10 workers in part-time jobs, earning less than 400 euros
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    that up to May of last year, three out of 10 workers in the private sector were employed part-time... work (56.3 percent of total versus 43.7 percent). Conversely, women made up 55.5 percent of part-time... by gender, men constitute 53.1 percent of insured workers overall. Around 22.8 percent are aged up

    4%