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Eurosystem funding drops by 699.8 mln in September
EconomyMacroeconomyaccording to the monthly Bank of Greece's (BoG) financial statement. The total for central bank funding... of 700 million euros in European Central Bank (ECB) funding, bringing the total to 7.51 billion... funding declined by a total of 4.72 billion euros. This stems largely from ELA funding falling by 3.57
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Banks enter final quarter with high hopes for bad loan reduction while challenges remain
EconomyBankingof the EU rules. Hercules aims to take a total of 30 billion euros in bad loans of the books... by around 26 billion euros. The total still remains extremely high, coming to 78.8 billion euros..., Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1
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Newsletter 244 -20/03/2020
, six people had died in Greece after contracting Covid-19 and a total of 464 were confirmed... Authority (ELSTAT) based on figures from the last complete data series as of 2017, a total of 251,419... losses for the total industry due to the coronavirus had so far come to 522 million euros. The survey
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General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln
EconomyMacroeconomyeuros, bringing the total figure to a surplus of 171 million euros. The equivalent figure for the same... largest fall was in sales of non-financial assets with a decline of 1.33 billion, taking the total... taking the total to 17.87 billion. Other revenue showed a milder decline of 130 million euros, while
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Traditional sectors carry burden of job creation as unemployment levels fall
EconomyMacroeconomyinitiatives to stretch out a safety net below the labour market are included, the total came... the total over the period to 7 billion euros, from a combined spending package of 22.6 billion euros... of total employment, wholesale and retail jobs are over 17 pct of jobs and manufacturing is just shy
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Labour database shows 8 in 10 workers earn less than 1,200 per month
Economythan 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... employees. SMEs also have a significant portion of total employment as companies with up to 4 employees have
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Newsletter 458 - 04/04/2025
. The total fiscal cost of the intervention is 268 million euros and about 60 pct of the amount emanates... 1 million passenger vehicles to the US, which in 2023 reached a total of over 40 billion euros, representing roughly a quarter of EU total car exports. The EU’s total iron and steel exports in 2024
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Greek primary cash surplus up to 3.1 bln in September but state arrears also rise
EconomyMacroeconomybillion) making up more than half of total, followed by extrabudgetary funds (1.15 billion). The state... million euros MoM to 2.33 billion making up almost half of total arrears. The next highest..., accounting for 19 percent of the total. Tax refunds fell MoM for the first time since February to 713
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Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
EconomyMacroeconomyGreece’s total tax revenues as a percentage of GDP remained virtually unchanged at 33.5 percent.... In absolute terms, personal income taxes made up 20.6 percent of total taxation below the OECD average... percent in 2012 at almost one third of the OECD average of 2.9 percent. As a percentage of total
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Where did all the money go?
AgoraThe total amount of loans the eurozone and the International Monetary Fund supplied to Greece... total stands at 31.9 billions (18 percent of GDP). These are staggering figures: No other nation has..., provided a total of 24 billion euros of own financing. There seems to be a general misconception
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