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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesin total (around 8 percent of all pensioners). However, in 2017 new measures were also pre-legislated... a million pensioners out of a total 2.5 million. These latest cuts will be felt immediately by a large... this trend in spectacular fashion. Total expenditure on pensions, which is almost entirely
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Newsletter 166 -15/06/2018
of total) will see increases of between 50 and 200 euros, while another 48,961 property owners (0.7... months. Compared to March 2017, total permits were lower by 31. The corresponding surface area rose..., bringing the total for employed to 3.7 million. The number of long-term unemployed (over 1 year
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammetakes the total amount of ESM financing resources drawn by Greece to 61.9 billion euros, leaving 24.1... in the official SBA documentation why unfavourable demographics and Greece’s total factor productivity does.... In the previous DSA, total proceeds from privatisations were expected to reach 17 billion euros
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Eurosystem funding falls by 716 mln in May
EconomyMacroeconomybillion euros for the month, edging down from April’s total of 21.59 billion. Since the start... the majority of total liquidity at 54.2 percent. In May, ELA collateral pledged with the BoG fell... revealed that banknotes in circulation fell by 587 million to 32.91 billion, the lowest total since
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Newsletter 170 -13/07/2018
a decline of 1.1 percent. Total employment remained above 3.7 million. The overall labour force... revealed. June’s reduction brings the total for central bank funding to 16.31 billion euros for the month compared to May’s total of 20.87 billion, taking it under the 20-billion euro threshold
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Greece on track for bumper tourism year, figures show
EconomyFeaturesin foreign arrivals, coming to a total of 2.5 million visitors for the month. The average expenditure per... million at the country’s main airport. Counting domestic passengers as well, the total increase came.... This represents a rise of 2.3 million additional passengers. The total number of flights to Greek
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Banks try to build on growing confidence
EconomyBankingtheir bad loan reduction targets to bring the total of non-performing exposures (NPEs) to stand... levels, with the CET1 ratio for the total at 15.8 percent in March 2018, although the large size... report, the BoG noted that in total, Eurosystem funding fell by 4.56 billion in June and now stands
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingmillion in Q2. As mentioned, the target for NPE stock across the rest of the year is for the total... are in Athens and Thessaloniki. The total portfolio is worth around 22.8 million. P&L NII was more or less... and commission income accounted for 52 basis points of total assets in Q2. Operating expenses fell by 0.8
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Banks on track with NPE targets in Q2 as sales play bigger role
EconomyMacroeconomy) and 44.3 percent for residential loans (target: 42.8 percent). The total volume of NPLs was reduced by 3... by around 300 million, with total stock at 60.9 billion compared to the target of 60.6 billion... in NPLs is stated as 47 percent, taking the total from 72.8 billion in Q2 to 38.6 billion by the end
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Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
EconomyMacroeconomymovement brings the total for central bank funding to 12.63 billion euros compared to July’s sum of 13.02... funding for August revealed that for a fifth consecutive month, ECB funding made up the majority of total... December 2017. The total for August stood at 31.70 billion. Banknotes in circulation were in decline
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