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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomyconsumption fell by 2.1 percent, leading total consumption up by 0.6 percent. Private consumption retains the lion’s share of GDP, making up 69 percent of the total figure. The latest European Commission... stayed flat QoQ and rebounded 12.1 percent YoY. Overall, total exports fell 1.5 percent in 2016 entirely
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Out-of-court workout bill prepared amid apparent concern from banks
EconomyProgrammetheir debts to banks, tax offices, social security funds and suppliers. The minimum amount of total.... Specifically, SME’s NPEs stood at 23.5 billion (59.9 percent of total), small business and professionals’ NPEs at 16.8 billion (67.2 percent of total), while large corporate NPEs amounted to 14.8 billion
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Net job hirings at record high of 38,517 in March, lead to positive balance in Q1
EconomyMacroeconomyat 170,810 in March and outpaced a total of 132,293 departures. Just under half (around 49 percent.... The share of males among total hirings fell below the 58-percent mark from around 61 percent in February... and 14.8 of total hirings respectively. Full-time employment accounted for 46.5 percent
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These were the key drivers behind Greece's strong fiscal performance in 2016
EconomyMacroeconomy. Taxes on production and imports (mostly indirect taxes), which hold the lion’s share of total revenues... of the total figure, rose by 1.06 billion to 18.15 billion. Social contributions, which represent the second highest revenue component (28.5 percent of the total), recorded a smaller rise of 510 million
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Material deprivation rises, while poverty risk drops slightly
Society, unchanged from the previous year. The survey also showed that 28.7 percent of the total population lives... at risk of poverty or social exclusion represent 35.6 percent of the total population (3,789,300 persons... in the total disposable household income) for persons aged 18-64 years is 44.9 percent. Excluding
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Collapse of Cyprus talks, "Justice March" raise risk of offshore drilling standoff
Agorathe risk of a naval confrontation between Turkey and the Republic of Cyprus when Total of France... in Block 11, which is located to the southwest of the divided island. Total acquired the rights to Block 11 in 2013. In March 2017, Eni announced that it had signed a farm-in agreement with Total
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General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
EconomyMacroeconomyat the end of July, constituting 42.4 percent of total arrears. Tax refunds were the next largest contributor, representing 28 percent of the total (1.52 billion), followed by hospitals at 10.1 percent (550... of the total debt. Bonds came to 49.14 billion (15.1 percent of total), T-Bills to 14.92 billion (4.6
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Newsletter 131 - 8/9/2017
. A total of 95 prior actions have to be ticked off for the third review to be concluded. Further.... SSF arrears came to 2.30 billion euros at the end of July, constituting 42.4 percent of total arrears. Tax refunds were the next largest contributor, representing 28 percent of the total, followed
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China's footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agora). In November 2016, a second Sino-CEE Investment Cooperation Fund was launched with a total volume of USD 11... and Slovakia represented 95 per cent of total Chinese FDI within the 16+1 framework in 2016. Greece... to acquire 66% majority) Total 4.247 Source: Author’s compilation based on company reporting since 2009
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Newsletter 133
by 14.9 percent and a drop in direct taxes by 11.9 percent. In total, tax revenues missed their monthly... deposit inflows rose. On a year-to-date basis, flows stayed positive for a second month to total 1.92.... Total inflows came to 1.20 billion in the eight-month period. Total deposits – which also include
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