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  1. OECD report paints grim picture for Greece's labour market
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    -1.1 to -2.5 percent, while the respective drop in Ireland stood at slightly higher levels, between... is clearly depicted in the nominal unit labour cost, defined as total compensation of employees divided... as real GDP divided by total hours worked) in Greece showed a slight rise of 0.4 percent in 2013 after

    5%

  2. Newsletter 31 - 19/06/2015

    Newsletters

    moderate outflows of around 2.9 and 1 billion, respectively. More than 70 percent of total withdrawals..., corresponding to 42.3 percent of the total outflow. Management at the country’s banks also indicated... for ECB funding – while banks also pay a fee to the Greek state corresponding to 1.1 percent

    5%

  3. Newsletter 40 - 28/08/2015

    Newsletters

    December, total outflows reached 44.42 billion euros, more than 27 percent of the total deposits balance... consecutive quarter mainly reflects a rebound in final consumption by 1.1 percent and a fall in imports

    5%

  4. Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    by 1.7 pp to 23.8 percent, while the next age group (45-64) posted a lower decrease by 1.1 pp to 18.8..., the percentage of long-term unemployed to total jobless rose to 73.1 percent after easing to 71.6 percent in Q1. Part time employment slipped to 9.5 percent of total employed with 68 percent of part timers

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  5. Newsletter 49 - 30/10/2015

    Newsletters

    is to increase motor tax, which was initially targeted to bring in 1.1 billion. However, this would mean... July 2003. Total deposits are at their lowest level since July 2003. Economic sentiment creeps up... tested. Tsipras’s task in trying to hold all this together and prevent a total collapse is huge. His

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  6. Greek stocks on slide for third straight week

    Economy

    bond swap offers that resulted in a capital strengthening of 2.9 billion euros in total for the four...-preemptive international institutional offerings to raise at least 6.3 billion euros to cover their total... (+1.4 percent), Folli-Follie (+1.1 percent) and Coca Cola Hellenic – CCH (+0.8 percent). In contrast

    5%

  7. Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln

    EconomyMacroeconomy

    income tax fell by 1 percent to 922 million. Total ENFIA revenues are targeted at 2.65 billion euros... target to be met, despite some seasonal taxes such as road tax fees of 1.1 billion due to paid... in the 10-month period to 5.33 billion, in line with target. Overall, total expenditure fell by 4.8 percent

    5%

  8. General gov't figures shed more light on course of spending, revenues during crisis

    EconomyMacroeconomy

    in 2015. The combined effect of higher primary expenditure and lower interest payments led total... (under Greece’s programme method) stood at 1.1 billion euros, which corresponds to 0.63 percent... the same six-year period by a total amount of 30.76 billion with the deficit landing at 5.6 billion

    5%

  9. The story behind Attica Bank, the non-systemic lender thrust into the spotlight
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    euros at the end of 2015 making up just 1.1 percent of the five Greek banking groups’ assets. Its... share of 1.5 percent. The loan breakdown shows corporate loans make up 71.9 percent of total, while... percent to industry. The bank operates via a network of 70 braches (2.9 percent of total) with a staff

    5%

  10. Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    expenditure per trip by 6.3 percent to 542 euros, while arrivals grew by a modest 1.1 percent..., arrivals from EU countries rose by 7.2 percent to 8.09 million by July making up two-thirds of total... to 8.24 million year to date. SETE recently reiterated its projection for total arrivals, which

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