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How the pension fund that invested heavily in Attica Bank lost half its reserves
Agorainvestors. According to TSMEDE, its total investment in Attica reached 810.72 million euros, of which more... million, making up 8.7 percent of total wealth. The remaining TSMEDE wealth was allocated in cash... evaporated and there is no sign of a meaningful turnaround in the foreseeable future. The fund’s total
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Deposits grow by 1.3 bln in August, highest inflow in 2016
EconomyMacroeconomythe beginning of the year. Total deposits - which also include general government (gg) as well as euro... inflows, the total deposit flow incorporates outflows of 566 million from the general government... in the previous month. Overall, the total deposit balance edged up to 141.19 billion at the end of August
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Industrial production down 0.3 pct in Aug for first fall since Mar
EconomyMacroeconomya decline in electricity production by 4.6 percent that makes up almost 21 percent of the total... of the total index with 70 percent, increased by 2.1 percent, while water supply production edged up 1.2 percent having only marginal impact with just 3 percent weight on the total. Three of the five
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Net job hirings of 7,788 in September; highest 9-month figure since 2001
EconomyMacroeconomyaccounted for more than 6 out of 10 hirings in September. The share of males among the total hirings... of males corresponded to more than 55 percent of total. The age breakdown showed the biggest net hirings... of total hirings so far this year.
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Record job departures in Oct but highest 10-month net hirings since 2001
EconomyMacroeconomyamong total hirings rebounded to 54.3 percent in October after a decline to just over 50 percent in September. The departure of males corresponded to around 52 percent of total. All age groups... percent, while full time employment made up less than 46 percent of total hirings this year.
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Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
EconomyMacroeconomyrespectively. This dragged total consumption down by 1.6 percent. For the whole year, the Finance... of the total figure. Investments grew by 2 percent in H1 and are seen increasing by 3.3 and 4 percent.... Total exports declined 11.4 percent in H1, fully attributed to a nosedive in services by 25.1 percent
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomy, of which 2.6 billion refer to 2017. The most significant revenue interventions in 2017 with a total... social allowances for a total amount of 871 million in 2017, which includes granting the social... risk and smoothening of the maturity profile. Privatisations Total privatisation proceeds are seen
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Bank of Greece reveals lenders' NPE challenge and sets out path to recovery
EconomyMacroeconomyof total exposures and have climbed to 108.4 billion or 45.1 percent at the end of June. Excluding... percent of total NPE reduction, corporate 16 percent, small businesses and professional 15 percent... and 10 percent of total cash recoveries. The BoG also updated on the monitoring of the committed targets
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Newsletter 100 - 16/12/2016
to total jobless hikes ELSTAT figures showed the non-seasonally-adjusted unemployment rate dropped... decline in the previous month. Moreover, the percentage of long-term unemployed to total jobless hiked... available. Part time employment remained stable quarter-on-quarter, at 9.7 percent of the total employed
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Unemployment rate drops again in Q3, reaching 22.6 pct
EconomyMacroeconomy. In addition, the percentage of long-term unemployed to total jobless hiked to 73.8 percent in Q3, which... broadly stable quarter on quarter at 9.7 percent of total employed in Q3 with around 69 percent..., namely wholesale and retail trade (17.8 percent of total), agricultural (12.2 percent
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