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OECD report paints grim picture for Greece's labour market
EconomyMacroeconomy. The report unveiled that real hourly wages in Greece fell for the fourth straight year by 5.5 percent in 2013... is clearly depicted in the nominal unit labour cost, defined as total compensation of employees divided... as real GDP divided by total hours worked) in Greece showed a slight rise of 0.4 percent in 2013 after
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DTA may spell new trouble for Greek banks
Agorainto common shares (capital increase) for a total amount resulting from the formula: (DTC over... DTA of 12.8 billion euros out of a total DTA of 15.6 billion. Of the DTC-eligible amount of 12.8 billion, 5.5 billion stemmed from PSI losses and 7.3 billion from credit risk provisions. More
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Primary surplus 3.1 bln above target in H1 on severe underspend
EconomyMacroeconomyof the full year (FY) target. Overall, the actual figure of total grants to social security sector... a primary surplus so far. Interest payments increased by 5.5 percent to 3.3 billion, slightly below target of 3.37 billion. As a result, the overall figure for total expenditure was contained by 6.7
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Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomywith total targeted revenues of 3.74 billion, according to the figure provided by the General... of target for the first time since January by 336 million. Overall, revenues increased by 5.5.... Overall, total expenditure was kept almost stable in July, while increased by 2.3 percent to 27.13
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Newsletter 99 - 09/12/2016
. The breakdown showed that the wealth of 2.09 million Greek adults (22.9 percent of the total... at 4.3 million. When legacy debt is included, the total stock of overdue taxes hiked to 93.94... on 6, KKE on 5.5 and Zoe Konstantopoulou’s Sailing for Freedom on 3. None of the other parties made
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Newsletter 101 - 23/12/2016
by 5.2 percent, with the 10-month travel balance landing at 11.32 billion, down by 5.5 percent from... was deemed to be a strategic defaulter. In addition, the share of strategic defaulters to total non... of the total index, soared by 21.7 percent. The regional breakdown showed the industrial turnover
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BoG report reveals impact on banks’ capital from NPE reduction and loan sales
EconomyBankingscenarios assumed: a) PPI rise of 12 percent and CoR of 1.3 percent and b) PPI increase of 5.5 percent...-neutral price for NPE sales stands above 40 percent of nominal value for the total NPE stock, at around... that the total of denounced loans with a nominal value of 48 billion euros could be sold at 14 billion (30
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Newsletter 136 - 20/10/2017
at a total cost of 2.4 billion dollars. The agreement was announced by Trump after his meeting with Tsipras... the perceived lack of tangible results from the trip. would only pay 1.1 billion euros of this total... period showed that primary expenditure declined by 5.5 percent to 29.71 billion, representing
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Budget primary surplus of 4.54 bln in 9-month below target despite underspend
EconomyMacroeconomy, specifically consumption taxes which increased by 16.8 percent. In total, tax revenues missed their year... declined by 5.5 percent to 29.71 billion, representing an underspend versus the target by 1.62 billion... billion in the nine-month period, above target by 22 million. In total, a 4.7 percent fall in expenditure
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Unemployment rate continues decline to 20.5 pct in September
EconomyMacroeconomyof 9,980 people employed was noted versus the previous month, with the total for those employed standing... the total number of unemployed has stayed below the 1-million mark. The overall labour force edged up..., where the rate dropped by 5.5 pp to 39.5 percent. The lowest unemployment rate can be found
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