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Employment data for 2021 shows 88.3 pct of firms have up to 10 staff, 1 in 5 workers earns below 500 euros

Tue, 22 Feb 2022 11:00:00 GMT

of 12,479. A portion of 88.3 pct employs between 1-10 staff, with another 10 pct of companies... 98 pct. The figures are in line with the 2020 data, when 88.5 pct of companies hired under 10 staff... that have between 10 and 49 employees. The second highest portion is almost 26 pct of private sector

Opposition tries to pin government down over last year's Plan X

Thu, 07 Jul 2016 13:52:00 GMT

with the so-called Plan X that former Finance Minister Yanis Varoufakis worked on during the first half... a range of government officials, Plan X was never intended as a blueprint for Greece to follow... an institutional role. The government’s assertion that Plan X does not hide any dark plans

NPLs: The Achilles heel of the Greek banking system

Tue, 15 Jul 2014 07:06:00 GMT

of the Greek market loans. Their group NPLs, including more than 10 billion of NPLs generated..., followed by housing NPLs at 25 billion and consumer NPLs at 10 billion. If we compare... 5 billion. This is explained by a wider loan base (230 billion) used by the BoG. This refers

Airport privatisation set for take-off as more sales head for runway

Fri, 01 Nov 2019 07:36:00 GMT

the Hellenic Republic Asset Development Fund (HRADF) announced that 10 parties expressed interest... included three consortiums and seven solo companies. The invitation for the expression of interest... 8 shares), AviAlliance Capital GmbH (13.3 percent) and the Copelouzos family (5 percent minus 8

Reflections on Greece's balance of payments

Fri, 28 Oct 2022 08:32:00 GMT

: consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign

Tourism could give economy annual 5 bln boost, NBG report finds

Wed, 02 Aug 2017 11:31:00 GMT

Tourism could generate an additional 5 billion euros for the Greek economy annually, according... witnessed in other business sectors. The figure of 5 billion euros in extra tourism revenues is based... a similar rise in revenues. Revenues In the last 10 years according to the report, the average tourist

Sale of 10 pct stake in NBG ups taxpayer losses from banks to 34 bln

Mon, 07 Oct 2024 08:36:00 GMT

the book closed for the placement of a 10 pct stake in National Bank of Greece (NBG). The transaction made available 91.47 million common stock, which represents 10 pct of the 18.49 pct stake of HFSF... settled at 7.55 euros/share, which was a 5 pct discount from the closing price of the previous Friday

General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec

Mon, 06 Feb 2017 07:30:00 GMT

Greece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion... percent, while hospitals’ arrears stood at 450 million at the end of 2016 accounting for around 10..., up by more than 5 billion from last year on the back of ESM disbursements of 10.3 billion mitigated

Four in 10 Greek firms thinking about moving abroad, survey shows

Wed, 06 Apr 2016 07:49:00 GMT

to relocate to countries in Western Europe mainly due to stability and access to funding, while 10 percent... stability and low taxation and just 5 percent Bulgaria for its favourable tax rates. The main reasons... the country’s future prospects, with 44 percent expecting things will not get better in the next 5 years

Building permits rise by 23.8 pct in Oct, up by 10.9 pct in first 10 months

Tue, 15 Jan 2019 10:43:00 GMT

in the number of permits issued were noted in 10 out of 13 regions covered. The three largest increases were... Macedonia (-10.3 percent) and the Peloponnese (-5 percent). It should be noted that the varying... of absolute permits was issued in western Macedonia with 26 permits. During the first 10 months