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  1. Eurobank posts Q1 net profit of 70 mln
    Image via www.eurobank.gr

    EconomyBanking

    , Eurobank said that fewer of its loans turned sour than it expected in the first quarter, as pandemic... is coming from low new NPE formation, significantly better than expected.” Asset quality The stock of non... million euros, which the bank said was less than expected, while provisions over NPEs were 61.9

    9%

  2. Six in 10 Greeks earn less than average salary of €1,022 in private sector

    Society

    and grosses less than the average salary in the private sector. These are the general characteristics... than 1,022 euros a month, the average salary in the private sector, according to separate data from the country’s largest insurance fund IKA-ETAM. In 2013, the number of employees earning less than

    9%

  3. More than half of Greek households rely mainly on pensions

    Society

    households in 2015. Last year’s figure was slightly lower than the record 52 percent recorded in 2014 but almost ten percentage points higher than the 2012 share of 42.3 percent. Of those households... at less than 10,000 euros. The outlook for 2016 remains similarly negative, with seven in ten Greek

    9%

  4. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    . The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released... in Q4 2015. Today’s figure for Q1 is slightly higher than the -1.3 percent released in flash estimates... reflects a nosedive in disposable income by more than 30 percent. This is attributed to a sharp rise

    9%

  5. Greek teens less likely to smoke, get drunk than European peers but gamble more
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    drink, and are the most likely to have gambled for money than their peers in Europe. These are some... percent of them more than once, compared to an average of 23 and five percent, respectively. As was the case in Denmark and the Czech Republic, more than 90 percent of teenagers in Greece reported easy

    9%

  6. Athens ticking off prior actions one by one as EU keeps close watch

    PoliticsGreek Politics

    and 3,350 euros extra for each child) to enjoy protection. The quadriga appeared willing to discuss the threshold of 120,000 euros based on the market, rather than taxable, value of the property but insisted

    8%

  7. Greece and lenders hold inconclusive talks on tax and pensions
    Photo by MacroPolis

    EconomyProgramme

    to bring in the targeted revenues. The Finance Ministry and the quadriga seem to agree on the taxation... are requesting lower rates for those with less than 20-25 working years and higher for 25-40 years compared

    8%

  8. Calls for snap polls, parliamentary probes set tone for polarised politics
    Photo by MacroPolis

    PoliticsGreek Politics

    as it agrees more than 5 billion euros in new austerity measures with Greece’s lenders could help New... to finalise the latest fiscal adjustment measures with the quadriga of creditors and then submit them

    8%

  9. More concern for coalition than cheer for SYRIZA in latest poll figures

    PoliticsGreek Politics

    but the poll’s findings should be more of a source of concern for the New Democracy-led government than... popularity, for instance, was at 36 percent in September, which was eight points lower than in May... points more than the vacuous anti-memorandum Independent Greeks. This can hardly be a cause

    8%

  10. Greeks' wages fell more than 10 pct in 2013, IKA data shows
    Photo by MacroPolis

    Society

    Average wages in Greece fell by more than 10 percent in 2013, according to data published... 2013, which was 10.27 percent lower than a year earlier. The daily rate worked out at 54.66 euros. Those working in smaller companies (employing less than 10 people) earn around 60 percent of what

    8%