Greek

A critical task for the Greek economy enters a new phase
incomerevealed.com

OF THE €57.7bn ($68.2bn) of loans that Piraeus Bank, one of Greece’s four dominant lenders, had on its books at the end of March, €20.5bn were more than 90 days overdue. A further €11.7bn were also deemed unlikely to be repaid. In all, at the end of 2017 Greek banks carried €95.7bn of such non-performing […]

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Greek Households Lose 14 Bln Euros of Disposable Income in 2013
incomerevealed.com

Greek households lost some 14 million euros from their available income last year, the Hellenic Statistical Authority (ELSTAT) revealed today. Apart from their income reductions, Greek households were also hit by a 10.7% reduction in workers' pay and …

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