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  1. Greek households spend greatest share of income on accommodation in EU
    Photo by Harry van Versendaal

    Society

    than 40 percent of their income on housing (known as housing cost overburden), compared to an EU average of 40 percent. Greece was also highest for the housing cost overburden among 20–24 year olds (44.1

    16%
  2. PPC: The struggling electricity giant dominating bailout talks
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyFeatures

    the sale of 40 percent of the Public Power Corporation (PPC) units. The supplemental memorandum..., which is to be concluded in the first half of 2018, for the sale of around 40 percent of PPC’s capacity

    16%
  3. Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    continued deleveraging, with net deductions of around 40 billion euros. The sharpest decline over... in NPEs, which as seen decreasing by more than 40 billion by the end of 2019. The bulk of the pledged

    16%
  4. Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    deductions of more than 40 billion euros. The sharpest decrease over this six-year period has been... is seen as decreasing by more than 40 billion by the end of 2019. The lion’s share of the pledged

    16%
  5. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    on an increase of 40 percent in the first year, when the current tourist mix and daily spends... compared to 40 percent for rival destinations. NBG estimates that broadening the tourism season would

    16%
  6. Net job hirings of 17,128 in September after brief dip
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    to 52 percent relate to layoffs. Full-time hirings were below 40 percent of the total in September..., approximately 40 percent of hirings are part-time and 13.7 percent involve shift work. The share of males

    16%
  7. Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
    Image via www.eurobank.gr

    EconomyBanking

    was further reduced by roughly 500 million QoQ to 21.6 billion. The NPE ratio declined by 40 basis... and consumer loans at 8 million euros. In contrast, corporate loans showed a negative NPL formation of -40

    16%
  8. Eurobank net profits at 34.5 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    40 bps higher, at 9.9 percent and 7.2 percent, respectively, if the positive impact from the sale... for the sale of the Romanian operation, these ratios would be around 40 bps higher. Capital The phased

    16%
  9. Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
    Photo by MacroPolis

    EconomyBanking

    and debt forgiveness, and write-offs (40 million). This was offset partially by NPE formations... in Greece for small business loans (-110 million), retail (-90 million) and the wholesale market (-40

    16%
  10. Human Rights Commissioner calls for improvements to battered healthcare system
    By Natasha Pantazopoulou/Fosphotos

    Society

    and usually applying to individuals over 40 with no past history of mental illness. Suicides rose by 40 percent between 2010 and 2015, with the mortality from suicides having increased at an average

    16%