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  1. Eurosystem funding down by 3.29 bln to 13.02 bln in July

    EconomyMacroeconomy

    rate of 4.56 billion euros. July’s reduction brings the total for central bank funding to 13.02 billion euros for the month compared to June’s total of 16.31 billion, under the 20-billion mark..., as the current waiver on Greek government securities is set to expire as the country exits its programme

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  2. Newsletter 184 -23/11/2018

    Newsletters

    . These fiscal interventions total 910 million euros, nearly evenly split between lowering taxes and increased... on track with its economic goals and forecasts. Greece seems set to beat last year’s tourism arrival... in foreign arrivals, coming to a total of 4.9 million visitors for the month, although the average

    8%
  3. Dispute over pensions backlog as future burden from retirees highlighted
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    to 94,000. Out of the total, 75,000 were already overdue by three months as at the end of February... of the total, 91,541 are pending since the Katrougalos law was passed. As Kathimerini highlights... to ETEAEP. Those who are only receiving a temporary pension also need to be added to the total number

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  4. Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
    Photo by MacroPolis

    EconomyBanking

    begun operation. Compared to the Bank’s 27 billion euros NPE pile, a total of 18 licensed credit... stock on its balance sheets with the total currently standing at 26.1 billion. NPL stock stood at 17.36 billion. The Bank plans to securitise a total of 6 billion euros in bad loans by 2021. Bad loan

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  5. Newsletter 241 - 28/02/2020

    Newsletters

    participants expected proceeds and visitors to match or exceed the records set in 2019, when 33...’s three securitisations under the code name Cairo, with a total value of 7.5 billion euros... billion in total. The portfolio consists of three different securitisations of varying size

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  6. Newsletter 260 -31/07/2020

    Newsletters

    their reimbursement, retirees must waive any rights to future claims. The total amount earmarked... at 5.1 pct growth next year, subject to potential new virus outbreaks. The total deficit is seen at 7.8... away. According to an index set up by the Hellenic Chamber of Hotels (HCH) that monitors 500 hotels

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  7. Newsletter 282 -29/01/2021

    Newsletters

    party in order to secure broad support. SYRIZA argues that this has set Mitsotakis on a path where he..., for all of 2020, total expenditure came to 70.17 billion, below target by 605 million... Total debtors now stand at 4.28 million, dropping by 88,368 people month-on-month. The month-on-month

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  8. Hercules APS delivers largest ever quarterly NPE reduction as ratio drops to 21.3 pct in Q2
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    for mortgages at 20.4 pct and business loans at 20.2 pct. At the peak, when the total NPE ratio stood... at 40.6 pct and business loans at 51.9 pct. In absolute terms, total NPEs were 34.57 billion euros, out of a total of 162.04 billion euros in loans, broken down by 4.36 billion euros of consumer loans

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  9. Volunteers try to fill void left by retreating Greek state
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    to set up its own centers to provide medical assistance. A similar role is carried out... suggested that only 5 percent of Greeks donated money and only 3 percent volunteered their time... the idea of helping others. An opinion poll carried out by QED for the Human Grid, a scheme set up

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  10. Greece's 2015 budget: A breakdown of all the key figures

    EconomyMacroeconomy

    billion euros (3 percent of GDP), in line with the EAP target and above the 2.9 percent estimated... million above 2014 and 1.46 billion higher those set in the MTFS. This development mainly reflects... revenue target was set at 2.47 billion without indentifying specific projects. The main projects

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