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Deposit outflows for second straight month in February, at 548 mln
EconomyMacroeconomyGreece entered a period of political and economic turbulence, total outflows have reached 43.5 billion euros. Total deposits - which also incorporate general government (gg) as well as euro and non-euro... sector, the total deposit flow in February incorporates non-euro area residents and gg inflows of 179
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General government primary cash surplus triples to 3 bln by February, arrears climb to 6.1 bln
EconomyMacroeconomyhalf of total gg arrears. Hospitals’ arrears are following suit at 1.09 billion accounting for 18 percent of total. In addition, tax refunds’ arrears stand at 658 million, state budget at 584 million... with bulk involving EFSF/ESM/IMF loans of 220 billion (68.5 percent of total). Bonds stand close to 60
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A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors
EconomyProgrammerates applied to the total income) will be replaced by a new progressive scale. Its rates will range..., and the contributory (variable) pension based on the contributions paid throughout the total number... to the elimination of the solidarity grant (EKAS), reduction in supplementary pensions for those whose total
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Ministry's actuarial study shows the devastating impact of the crisis on the pension system
Economythereafter. At the same time, part time employment rose to 9.5 percent of total employed in 2015 from 5.5... of their total wealth. Following a series of pension cuts imposed in 2011 and 2012, the total pension
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HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015
EconomyBankingeach. The aggregate figures for this sample shows total loans of 36.2 billion euros, of which 19.9..., with total loan exposure of 14.7 billion euros, of which almost three quarters were NPEs, could form...-round contribution to the domestic economy. Those five sectors, with total loan exposure of 7.5
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Eurogroup sets conditions for disbursements totalling 10.3 bln to take place
EconomyProgrammeof the total set of milestones will unlock the disbursement of 10.3 billion euros in two tranches.... The Greek Finance Ministry said that from the total disbursement amount one third (3.5 billion.... This means that the 6.8 billion, from total amount of 10.3 billion, that is earmarked for debt servicing
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Marginal deposit flow in April for second straight month
EconomyMacroeconomyof 940 million. Total deposits - which also incorporate general government (gg) as well as euro... recorded in March. In absolute terms, total deposits fell for the fourth successive month to 136.55 billion, which is the lowest reading since August 2003. The negative flow of total deposits in March
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Government hopes offer of tax breaks and grants will spark growth boost
EconomyMacroeconomyor external funding under the condition that 25 percent of the total investment cost does not include any...), the total cost of subsidies and grants is estimated at 480 million euros in the 2016-2022 period... seven years to a total of 1.45 billion by 2031. The breakdown of the cumulative figure shows 573
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agoraimprove NII to a total (waiver and haircut) benefit of around 100 million euros per annum. Our analysis shows that under a best-case scenario, assuming that Greek banks participate at their total... a total amount of deferred tax asset (DTA) of 19.48 billion euros, making up 69 percent of TE. Alpha has
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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomyto total jobless notably fell by 4pp QoQ to 70.3 percent in Q1, its lowest level since Q3 2013. Part-time employment rose again to 9.8 percent of total employed in Q1, with 69.1 percent of part-timers... of the total employed also rose to 7.3 percent. In addition, the number of discouraged Greeks (available
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