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  1. ELSTAT survey finds 2013 household budgets devastated, inequality persists
    Photo by Harry van Versendaal

    Society

    euros) and restaurants (-14.82 euros), which both correspond to one third of the total expenditure... of the total household expenditure for the poorest, at 32.3 and 25 percent respectively... more for transport (14.9 percent of total expenditure), hotels, cafes and restaurants (11.9 percent

    3%
  2. Eurobank reports loss of 186.6 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    in Q3 from 31.8 percent in Q2. Out of the total NPLs of 17.1 billion, corporate NPLs amount to 6.3 billion (33 percent of total), mortgages to 4 billion (21.7 percent), small business loans (SBL) to 3.7 billion (50.5 percent) and consumer credit NPLs to 3.1 billion (44.6 percent of total). NPL

    3%
  3. Greek public debt at 321.7 bln in Q3, average weighted maturity at 16.5 years

    Economy

    of total, bonds at 66.43 billion (20.6 percent) and T-Bills to 13.32 billion (4.1 percent). Note that total disbursements from the EU/IMF reached 226.5 billion euros by the end of September 2014... on the weighted average residual maturity of total debt was marginal from 16.41 years in Q2 to 16.5 years in Q3

    3%
  4. Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
    Photo by MacroPolis

    EconomyMacroeconomy

    increase to a modest 1 percent for 2014. Total exports rebounded QoQ for the third straight quarter..., while exports of goods rose by a modest 1.7 percent. Over the past six years, total exports... with the latest forecasts being for total arrivals at 23 million in 2014, implying a 15 percent increase

    3%
  5. Greek gov't targets unpaid social security contributions: The numbers involved

    Economy

    of the October 2014 headline figure showed that 1.76 billion euros (21 percent of total) stems from 221,700 debtors (59 percent of total) owing up to 20,000 euros each. The remaining 6.6 billion (79 percent of total) is owed by 153,860 debtors (41 percent of total) with SSC debt in excess of 20,000

    3%
  6. Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it

    EconomyMacroeconomy

    a total of unpaid tax obligations of 76 billion euros. The MoF has identified that around 9 billion or 12 percent of this total is collectable. Of the total accumulated amount, around 35 billion..., 350 for 2017 and 320 for 2018. The accompanying GAO report shows that a total of 21.5 billion unpaid

    3%
  7. Newsletter 23 - 17/04/2015

    Newsletters

    increase in NPL stock is equivalent to the total in NPLs that were added throughout the whole of 2014... billion in total, which is the highest reading since January 2013. The rise is due to an increase in emergency liquidity assistance (ELA), which reached a total of 68.51 billion. This is the highest it has

    3%
  8. The key points from Greece's proposal to lenders

    EconomyProgramme

    The government expects revenues of 1.67 billion in 2015 and 1.51 billion in 2016 bringing the total amount... completed for 2015-50. The document also unveiled that the total amount of SSF moveable assets stood... and the total household assets do not exceed 270,000 of which deposits not higher than 15,000 euros. Energy 1

    3%
  9. Sharp drop in gg primary surplus by end-April, arrears keep rising
    Photo by MacroPolis

    EconomyMacroeconomy

    of total. Hospitals’ arrears are following suit with a rise of 342 million YtD to 949 million (20... percent of total). Local governments and extrabudgetary funds recorded the smallest rise by 24 and 22... loans stood at 204.41 billion (65.4 percent of total), bonds at 66.54 billion (21.3 percent), T-Bills

    3%
  10. Referendum call stretches state liquidity, pensioners first to bear the brunt
    Photo by Damian Mac Con Uladh

    EconomyProgramme

    providing any further details. For the total of around 368,000 OAEE pensioners, the total monthly... to the latest official data for May, the total monthly pension cost stands at 2.35 billion and concerns 2.66... half of the public servants’ wages by the middle of the month. For a total of around 700,000 public

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