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AgoraGDP in 2017 was close to 64 billion lower than the pre-crisis levels. This drop of 25 percent... drop. The index of wages in the middle of 2015 was almost 30 percent lower than the first quarter of 2010. Although having partially recovered since, on aggregate Greeks take in 23 percent less than
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Banks on track with NPE targets in Q2 as sales play bigger role
EconomyMacroeconomywas reduced by 3.8 billion euros quarter-on-quarter (QoQ) to 88.6 billion, 1.6 billion lower than the target of 90.2 billion. The NPE ratio stood at 47.6 percent in Q2, slightly higher than the anticipated.... During the quarter, corporate NPLs came to 32.4 billion euros, roughly 600 million lower than the target
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Take your seats
Agora, at the end of July (less than a month before the third MoU ended) and the SYRIZA-Independent Greeks... leaving the programme after more than eight years of gruelling fiscal (mostly) and structural (less so... the impression that he had any greater grasp of the bigger picture than in 2015, despite his
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Newsletter 174 -14/09/2018
to spread out the compensatory measures it agreed with the lenders over four years, rather than implement... of measures and to talks about larger numbers (3.5 billion euros in fiscal space, for instance) than if he... the government to see out its four-year term, rather than go to triple elections (national, local
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Births rise slightly, divorces fall in latest living conditions report
Societycompared to 31 percent in 2013, although the current rate is markedly worse than the healthy years.... There were slightly more deaths than births between 1998 and 2003, though deaths did not exceed births by more than 2,661 (recorded in 1996). The trend was reversed in 2004, before deaths began
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Coalition hopeful on pensions, looks to maximise impact of limited relief measures
PoliticsGreek Politicsintervention, rather than a structural one. To Athens, this indicates that if it can convince the creditors... approve the request. Tsakalotos suggested that there may be a final decision on this issue earlier than... government more than one on December 3 as the final version of the budget has to be submitted
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Car sales drop by 0.8 pct in September
EconomyMacroeconomy. September’s figure is the first time since May 2017 that car sales figures have declined rather than... of 77,675 car sales was recorded. Although the overall rise in car sales in 2017 was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half
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Hirings balance positive by 6,556 in September but momentum slows down year-on-year
EconomyMacroeconomyThe employment balance returned to positive territory in September with 6,556 more hirings than... for the year so far, and revealed that the majority of firings were layoffs rather than voluntary... noted in the 15-24 years age group, where 22,606 more people were fired than hired, and in the 64
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Newsletter 179 -19/10/2018
, slightly lower than the 9.6 percent growth seen in March. In nominal terms, the Greek economy grew by 2.1... than the initial nominal growth estimate of 9.9 percent. According to the latest data, the Greek... territory in September with 6,556 more hirings than departures, data from the Labour Ministry’s Ergani
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Car sales rise by 19.2 pct in October
EconomyMacroeconomy. September’s figure was the first time since May 2017 that car sales declined rather than went up... in 2017 was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892 vehicle registrations in 2007. A contributing factor
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