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  1. Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    figure reached 23.8 percent, yet remained below the full year target of 50 percent. The amount... percent in June. The year to date figure landed at 25.7 percent, way below the full year target of 65... to the full-year target of 65 percent.

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  2. GSEE report stresses risks on employment and the pension system, outlines burden on wages

    Society

    million recorded in 2008. Since 2008, 1.14 million or 26.4 percent of full-time jobs have been lost... percent in 2009. The number of full-time contracts converted to part-time and rotational shift work dropped by 31.3 year on year in 2013 for the first time since 2009. Nevertheless, the number of full

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  3. Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
    Photo by MacroPolis

    Economy

    Investment Budget (PIB) expenditure (+1.6 billion MoM). For the full year, the actual figures showed... for seasonal reasons, primary expenditure dropped by 3.8 percent in December with the full year.... This compares with a full year target of 1.67 billion, indicating that PIB balance fell short of target

    17%
  4. Newsletter 11 - 16/01/2015

    Newsletters

    to 1.93 billion euros at the end of 2014, leaving it some 3 billion short of the target. For the full..., but it does not specify a certain number or volume to be attained over time. II. Full.... The aforementioned “full” implementation conditionality critically rests on the conclusion of the sixth

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  5. Newsletter 15 - 13/02/2015

    Newsletters

    to a bailout extension to receive the full 7.2 billion euros in remaining loan tranches. Prime Minister... in the recent election campaign. It wasn’t New Democracy’s decision to go full negative by running... to carry people with him. These skills will be tested to the full over the next few days as his

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  6. You've heard the Greek crisis myths, now here are some truths
    Photo by MacroPolis

    Agora

    exercised its full authority and the numbers are there for all to see. Myth: The programme is working... of this legislation regarding structural reforms has been implemented to full effect is open to question... an annual primary surplus, as envisaged in the current MoU, conditional on full implementation of all

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  7. Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln

    EconomyMacroeconomy

    for the month. Despite the negative C/A balance in the last quarter of the year, the full year figure..., which fell by 9.1 percent in the 11-month period. BoG is due to publish the full year figures... as a drop in non residents’ holdings of Greek government bonds and T-Bills. For the full year, the net

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  8. Greece sets out broad reform plan for lenders' approval

    EconomyProgramme

    guaranteeing full accountability and transparency of its operations. The government suggests it will increase staff numbers at the GSPR and make full use of available technical assistance... with social partners, institutions and ILO. In addition changes will take full account of advice

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  9. Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
    Photo by MacroPolis

    EconomyBanking

    at 494 bps in Q4 from 216 bps in Q3 with the full year figure settling close to 3 percent. Loan loss.... The management noted that If a full agreement with eurozone partners is reached within Q2 2015, the NPL... at the high-end in the Greek market. According to the full EBA definition, the bank’s non-performing

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  10. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    fell by more than 30 bps QoQ. Operating expenses rose 7 percent QoQ, while the full year figure... on year (YoY). Impairment losses rose 3 percent QoQ to 378 million, while the full year figure...-for-sale portfolio. The Basel III full loaded CET1 showed a similar move dropping to 9.4 percent

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