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

    EconomyMacroeconomy

    companies employed a total of 1.90 million people in 2017. Of this total, 79,043 were employed... up around 13.9 percent of the total, those hiring between 10 and 49 employees accounted for 11.1 percent of the total while there were 584 large firms with over 250 employees each. Following the same

    12%

  2. Travel balance up by 18.2 pct in October on increased foreign arrivals
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of 14.2 percent and came to 782.4 million euros. For euro-denominated countries, the total rise... percent) and the US (-0.7 percent). In total, EU 28 arrivals rose by 10.3 percent. Those from euro... to 1.63 billion, which led the overall travel surplus to rise by 12.9 percent and land at a total

    12%

  3. Net job hirings balance positive by 15,315 in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    layoffs. 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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  4. BoG sees ample capital space for banks to sell bad loans
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    of provisions and total coverage ratio including collaterals. The study’s objective is to assess... that the total coverage ratios of provisions and collaterals exceed 100 percent and that almost 79 percent... to sell at a price of 3 percent of nominal almost 65 percent of the total portfolio in scope

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  5. Newsletter 149 -2/02/2018

    Newsletters

    for the Collection of Social Security Arrears (KEAO) revealed. From the total overdue stock, nearly three quarters... for the same time last year, which came to 13.91 billion. Around 84.1 percent of this year’s total (10.88.... On an annual basis, the total overall collectability rate for the four key taxes came to 80.7 percent, down

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  6. Spending on pensions down by 30.9 mln in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    payments on a monthly basis. The latest bulletin showed that a total of 4.5 million pensions were paid in December 2017, coming to a total of 2.31 billion euros when excluding payments through the solidarity... payments to pensioners and provides useful information for pension costs in Greece. Out of the total

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  7. Newsletter 156 -23/03/2018

    Newsletters

    mln in Jan Total amount of legacy and new debt falls to under 1 billion euros The headline figure... figure of 1.26 billion. More than 90 percent of the month’s total (693 million) stems from tax categories. The remainder is related to the four key taxes. The total number of tax debtors rose in January

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  8. Newsletter 157 -30/03/2018

    Newsletters

    billion euros for the month, down from the total of 29.09 billion noted in January. Since the start... showed that ELA funding made up around 57.3 percent of the total liquidity. The BoG figures also revealed that banknotes in circulation fell by 571 million to 33.99 billion, the lowest total since

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  9. Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?
    By Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    for 106 lots, while 75 individuals were named against a total of 177 lots. On 28 March, there was a similar split. Out of the total 240 lots, 43 businesses accounted for 92 lots, while 75 individuals... of the total 10,000 which they are committed to offload. In addition to reducing the volume of non-performing

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  10. Job hirings outpace departures by 55,494 in March
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    percent were layoffs. Full-time hirings edged up to 48.9 percent of the total. Part-time and shift... employment came to 46.5 percent. The share of males among total hirings declined to 57.5 percent... and entertainment (-144). In the first three months of the year, a total of 55,580 more hirings than

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