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Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
Economywith financial assets making up 22.5 percent of the total figure and equities accounting for only one fourth of financial assets, the negative performance of shares had a limited impact on the domestic total... showed 2.09 million Greek adults (22.9 percent of total) had wealth below 10,000 dollars, while for 4.72
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Draft budget highlights taxpayer fatigue, creates policy mix doubts
EconomyMacroeconomyeuros. This total figure is even lower than in 2016, when it landed at 52.34 billion. In the draft budget, not just the 2017 figure has been revised. The total revenue figure for 2018 has also been... that this underperformance in revenues will also be more evident when the full-year picture emerges. Total revenues have
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Net job hirings balance positive by 15,315 in December
EconomyMacroeconomylayoffs. Full-time hirings represented 42.6 percent of the total. The balance has persistently remained... of work made up 57.4 percent of the total, broken down into 41.8 percent for part-time and 15.6 percent.... The share of males among total hirings increased to 58.7 percent in December from 58.2 percent
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Newsletter 166 -15/06/2018
of total) will see increases of between 50 and 200 euros, while another 48,961 property owners (0.7... months. Compared to March 2017, total permits were lower by 31. The corresponding surface area rose..., bringing the total for employed to 3.7 million. The number of long-term unemployed (over 1 year
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Piraeus Bank issues Tier II bond to strong demand
EconomyBankingof increasing Piraeus Bank’s total capital ratio by around 90 bps. The issue has been rated Caa3 by Moody’s and CCC by S&P. Bids landed at over twice the asking amount, with a total of 135 investors... euros on Wednesday. In total, bids of over 850 million euros were submitted. On its website, the bank
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Newsletter 216 -26/07/2019
7.1 percent higher than for the same time last year. During the first six months of the year, total... to roughly 2.4 million visitors during the month. In total, arrivals from the EU 28 countries fell... a rise of 8 percent YoY. In total, arrivals edged down 0.9 percent in the first five months
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Newsletter 226 -01/11/2019
. Greece auctioned 625 million euros and the total amount offered was just above 1.8 billion euros... than 20 percent of total debt, or less than 40 percent of GDP. The budget primary balance recorded.... During the first nine months of the year, total expenditure came to 38.64 billion, landing below target
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Eurobank net profits at 256.7 mln in 2019
EconomyBanking. The application related to two of the bank’s three securitisations under the code name Cairo, with a total... on senior notes to the value of 1.6 billion in total. The portfolio consists of three different... estate portfolio as of Q4, valued around 700 million euros. In 2019, a total of 3,120 property auctions
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Income inequality in Greece has grown during crisis, OECD report shows
Societyis lowest in Denmark (5.2), Slovenia, (5.4) Finland (5.5), Iceland (5.6) and Slovakia (5.7). Greece’s..., the bottom 40 percent owned only 3 percent of total household wealth in the 18 OECD countries with comparable data. By contrast, the top 10 percent controlled half of all total household wealth
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammeand 5.5 billion to payments to the IMF. The total of 15.5 billion euros coupled with the primary surplus... with a potential IMF tranche of 3.5 billion, bringing the total amount that could be disbursed to Greece... actions. From the total tranche amount of 4 billion, 3.5 billion would be used for debt servicing
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