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  1. Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
    Photo by MacroPolis

    Economy

    at 2.35 billion euros in March. The bulk (more than 88 percent) involves main pensions of a total amount of 2.07 billion and the remaining 277 million relates to supplementary pensions.

    23%

  2. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    as a benefit for low-income pensioners rather than retirement pay, reached 721 million euros last year... paid in March with a cost of 277 million euros, which corresponds to an average supplementary pension

    23%

  3. Focus shifts to DSA, fiscal targets after IMF loan prepayment
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    of October, stood at circa 277 percent of the quota and an outstanding debt of just over 9 billion... due to the IMF stood in excess of 2 billion euros and was significantly higher than the 1.37

    23%

  4. NBG results show net profits of 409 mln euros on strong trading income in Q1
    Image via www.nbg.gr

    EconomyBanking

    (ΝΙΙ) fell by 4 percent QoQ to 277 million. This reflects mainly the rapid NPE reduction of 4.7..., the bank said. Covid 19 Regarding the impact of the coronavirus, the bank noted that less than 20

    23%

  5. Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
    Photo by MacroPolis

    EconomyMacroeconomy

    expenditure 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

    22%

  6. Greece cheaper than average for majority of categories except food, most expensive for communications
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    as 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

    22%

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

    Society

    percent 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

    21%

  8. Labour database shows 8 in 10 workers earn less than 1,200 per month
    Photo by MacroPolis

    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

    21%

  9. Wealth inequality in Greece has grown at faster rate than eurozone peers during crisis
    Photo by MacroPolis

    Society

    The 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

    21%

  10. Six in 10 Greeks earn less than average salary of €1,022 in private sector

    Society

    and grosses less than the average salary in the private sector. These are the general characteristics... than 1,022 euros a month, the average salary in the private sector, according to separate data from the country’s largest insurance fund IKA-ETAM. In 2013, the number of employees earning less than

    21%