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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingin H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310... income showed a decline of 9.2 percent to 151 million euros YoY for H1, attributed to the higher than
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Rival parties interpret Novartis settlement differently, serving own ends
PoliticsGreek Politicsstatement, the opposition party noted that 310 mln dollars from the settlement, the overwhelming... practices also stretch back a little further than that period. The leftists will argue that they were
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Covid-19 puts pressure on health system, forces govt into more restrictions
PoliticsGreek Politicsand its environs, which accounted for 197 of the 310 Covid-19 cases registered on Tuesday. Until... markets and no more than six people can sit together at a restaurant or café table
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Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
EconomyMacroeconomyexpenditure coming in 2 billion lower than target, while revenues beat target by 640 million. The monthly... to 1.04 billion euros, 2.84 billion better than target. Revenues Revenues (before tax refunds) rose... billion euros, 640 million higher than the reported target (including the first ENFIA instalment
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Greece cheaper than average for majority of categories except food, most expensive for communications
Societyas postal services and the internet. The country came in 57.6 percent higher than the EU average... prices were 5.2 percent higher than the EU average, ahead of Germany and the Netherlands. In other areas, Greece emerged with lower than average prices. Housing costs and prices in Greece came
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Industrial turnover rises at accelerating pace of 9.4 pct in Sept
EconomyMacroeconomy-durables edged down 1 percent. In more detail, turnover in mining of metal ores more than doubled..., the growth for the non-eurozone countries of 22.7 percent was much higher than that (5.6 percent... breakdown showed the top performing sectors included metal ore mining (+88 percent), motor vehicles
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Three in 10 workers in part-time jobs, earning less than 400 euros
Societypercent did not make more than 23.48 per day. Men were more likely than women to be in full-time... in full-time work, the average daily salary was 15.1 percent higher than that for women (52.69 euros... and 23.09 for women.The same was also true for part-time work. Although women were more likely than
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Labour database shows 8 in 10 workers earn less than 1,200 per month
Economy. According to Ergani Greek companies are dominated by small firms as more than 88 pct employ less than 10 workers, some 262,634 companies out of a total of 298,255. Around 10 pct employ between 11 and 50. This leads to a total dominance of SMEs in the Greek economy, with more than 98 pct
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Wealth inequality in Greece has grown at faster rate than eurozone peers during crisis
SocietyThe economic crisis has increased wealth inequality in Greece at a much faster pace than in other... increase than the two other countries, Italy and Spain, Credit Suisse considers to have experienced... from 52 to 55.6 percent, which means that in both cases the current total is also lower than
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Manufacturing PMI dips slightly to 53.6 pts in September as sentiment remains strong
EconomyMacroeconomyreported a deterioration. As output rose faster than new orders, outstanding business declined... in metal and wood products. Output charges in turn increased for a ninth consecutive month.... The increase in prices was noted by respondents, particularly around higher metal and wood product
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