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Newsletter 40 - 28/08/2015
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
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Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
EconomyMacroeconomyby 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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Newsletter 49 - 30/10/2015
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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Greek stocks on slide for third straight week
Economybond 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
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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomyincome 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
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General gov't figures shed more light on course of spending, revenues during crisis
EconomyMacroeconomyin 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
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The story behind Attica Bank, the non-systemic lender thrust into the spotlight
EconomyBankingeuros 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
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Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
EconomyMacroeconomyexpenditure 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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Deposits edge up to 124.8 bln in Nov on marginal inflows of 12 mln
EconomyMacroeconomy. Total deposits – which also include those of the general government (gg) as well as of euro... was attributed to the disbursement of the last bailout tranche of 1.1 billion at the end of October... inflows of 276 million for the fourth straight month. Overall, total deposits in the Greek banking
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Tsipras concludes US trip with focus on geopolitics and investments
PoliticsGreek PoliticsTzanakopoulos clarified that Athens would only pay 1.1 billion euros of this total and that the payment would... created by the apparent agreement to upgrade Greece’s F-16 fleet for a total cost of 2.4 billion dollars
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