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  1. Newsletter 243 -13/03/2020

    Newsletters

    and playgrounds on Thursday. As of Friday morning, Greece had reported a total of 117 cases, 34 of whom were... quarter (Q3) of 2019, the Centre for the Collection of Social Security Arrears (KEAO) revealed. Total... amount of 4.54 billion euros (12.8 percent of the total). Overall, 1.6 million debtors fall

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  2. General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros, bringing the total figure to 271 million euros. The equivalent figure for the same time last year was 739 million. A decline was also noted in local governments, where the total fell by 17... of 245 million was observed, taking the total to 10.09 billion euros. This was followed by other revenue

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  3. A varied set of views on China
    Photo via Flickr https://flic.kr/p/7UPobA

    Agora

    of inferior quality to that of western goods. In short, while Greeks are not disposed negatively... in their eyes. Nor do they envy life and work in China, and find Chinese commodities of inferior quality

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  4. Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
    Photo by MacroPolis

    EconomyBanking

    to be covered, according to market sources. However, it remains unclear whether the total capital shortfall would be almost evenly split among the four core banks. This means that even though the total... outcome of the ongoing assessment noting that capital needs could be manageable. The comprehensive

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  5. Trust in Greek banking system shaky, survey suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    businesses were aware of the possibility of spending the total amount of funds which are received from... that the new measures resulted in the total withdrawal amount across a full year being 300 euros lower... capital controls, those surveyed believed the full lifting of the measures would take around 3 to 4

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  6. Where we stand in the Greek bank recapitalisation process
    Photo by MacroPolis

    Economy

    by existing or new private investors under a best-case scenario. This scenario assumes total capital needs... support. Of the total of 25 billion euros earmarked for Greek bank recapitalisation, 10 billion has... exercises will determine the potential capital shortfall of Greek banks. The resulting capital needs

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  7. When will Greek banks operate as credit institutions again?
    Photo by Harry van Versendaal

    Agora

    bank in Greece in terms of total assets (after National Bank of Greece) and the single largest in terms... combined total assets amounted to 99 billion euro in Q1-2013. Jens Bastian... after the recapitalisation. In addition, the capital stock of the Greek real economy remains too thin

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  8. Newsletter 40 - 28/08/2015

    Newsletters

    December, total outflows reached 44.42 billion euros, more than 27 percent of the total deposits balance... banks issued in 2013 after the successful capital raising of 8.3 billion. At the moment, the key... the binding scenario for the calculation of capital needs will be based on the baseline or the adverse

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  9. Unpaid social security contributions almost reach 15 bln

    Macroeconomy

    (ETAA). From the total overdue amount provided by KEAO, 11.04 billion euros or 74 percent of the total... owing less than 15,000 euros each for an aggregate amount close to 1 billion (6.7 percent of total... percent of total). Meanwhile, 995 debtors (0.4 percent of total) owe more than 1 million each for a total

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  10. Overdue contributions rise by 429 mln to 15.78 bln in Q1

    Economy

    by general government entities as well as defaulted debtors. From the total overdue amount, 11.55... of 963 million (6.1 percent of total). In addition, one in four debtors owes between 15,000 and 30,000 euros each for a total amount of 1.35 billion (8.6 percent of total). On the other side

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