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What are the implications of the ECB's decision for Greek banks?
Economyare pillar III bonds, Greek government bonds (GGB) and T-Bills. For the first two categories, the total amount is less than 10 billion, around 4-5 billion for pillar III and close to 5 billion for GGBs. Until.... In any case, Greek banks can still place their total EFSF bond holding (38 billion) with the ECB
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Unemployment rate edges up to 26.1 pct in Q4 2014
EconomyMacroeconomy. Youth unemployment (15-24 years) dropped by more than 5 pp YoY, yet it remains above the 50-percent... unemployed to total jobless slipped to 73 percent in Q4 from a historic high of 75.4 percent in Q3. Part time employment edged up to 9.9 percent of total employed with 69 percent of part timers
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Public admin shrinks by 11 pct during crisis, share of employment stays below EU average
Societythrough spending cuts. Over the five years, the headcount has declined by 5 percent, which is proportionally more than the total employment decline. Among the nine countries that saw an increase... of the total actually increased, owing to the massive loss of jobs in the private sector. Thus, while
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Greek travel receipts rise by 10.2 pct in 2014, arrivals shoot up by 20.7 pct
EconomyMacroeconomycruises fell by 12.9 percent. The increase in total receipts reflects a rise in international... percent to 2.24 million. The double-digit increase in total volumes was partly offset by an 8.7 percent... countries exceeded the 1-billion mark, namely Germany (1.99 billion, up 5 percent), UK (1.55 billion
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DTA may spell new trouble for Greek banks
Agora. According to the article 5 of Law 4303/17.10.2014, Greek banks formed a special reserve equal to 100... into 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
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Greek women having children later, young people taking longer to fly the family coop
Societydrop in the total number of unions over the ten year period from 2003 to 2013, when they fell from... than 2 percent of the total number of households. At the other end of the scale, over half... marriage. And although the Greek rate of births outside married increased by a full 5 percentage points
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Court ruling on pension cuts could create new problem in talks, fiscal plans
EconomyProgrammethreshold. In particular, for pensions (or sum of pensions) between 1,000 and 1,500 euros the cut was 5... to the latest official data provided by the government, the total monthly expense for public and private... pensions of a total amount of 2.07 billion and the remaining 277 million relates to supplementary
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBanking-February). Total ELA funding cost stands at 200 basis points (bps) compared to just 5 bps for ECB funding..., NPLs reached 21.3 billion (of which 18.2 billion in Greece) with total provision stock at 13.4
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
Economy1,000 and 1,500 euros the cut was 5 percent, between 1,500 and 2,000 the reduction was 10 percent... provided by the government, the total monthly expense for public and private sector pensions stood at 2.35 billion euros in March. The bulk (more than 88 percent) involves main pensions of a total amount
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Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
EconomyMacroeconomy) improved by almost 5 pp YoY landing at 51.9 percent, while that for the next age group (25-29 years.... However, the percentage of long-term unemployed to total jobless declined for the second straight... broadly stable QoQ at 10 percent of total employed with almost 69 percent of part timers noting
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