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  1. Most Greeks saw income fall over last year, limiting purchasing power
    Photo by MacroPolis

    Society

    The results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...

    17%

  2. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    The evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...

    17%

  3. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...

    17%

  4. Office prices and rents saw substantial fall in H1 2014

    Economy

    The Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...

    17%

  5. Greek households saw net financial wealth plummet by 37.5 pct during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Τhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday. The study showed that the net financial wealth of Greek...

    17%

  6. Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets

    EconomyBanking

    . The portfolio has been named Project Pillar. The securitised portfolio includes around 45,000 non..., and the remaining 15 billion to be remedied through auctions. The parameters are being analysed

    17%

  7. What is in SYRIZA's 3-pillar programme to overcome the crisis?
    Photo by MacroPolis

    Economy

    the negotiations progress. 1st pillar - Humanitarian crisis The first pillar addresses the social.... This has forced SYRIZA to adjust its initial pledge to a complete scrapping of the tax. 2nd pillar - Growth The second pillar of the Thessaloniki programme relates to measures aimed at restoring

    16%

  8. Newsletter 19 - 13/03/2015

    Newsletters

    government securities meant that pillar II and III bonds, T-Bills and Greek government bonds... to 50.9 billion in January and mainly relate to pillar II bonds. The interest cost of ELA funding... percent to the state for utilising pillar II bonds. On the January figure of 50.9 billion

    16%

  9. Greek banks on cusp of improved liquidity conditions

    Agora

    (GGBs), T-Bills, pillar II and III bonds, used as collateral for ECB funding via the Emergency Liquidity Assistance (ELA). It is worth noting that according to a previous ECB decision, pillar II bonds... that the reinstatement of waiver will not have any impact on pillar II bonds. According to the latest available

    16%

  10. PM unveils 'Greece 2.0' plan to use EU recovery funds, transform economy
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    pillars of the plan. The aim of plan is to mobilise 10.4 billion euros under this pillar once the private... 1.1 billion euros of the EU grants. Of the four pillars, the other pillar where the government aims... Transformation pillar. Here, the blueprint sees 4.8 billion euros from grants increasing to 7.8

    16%