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Showing posts with label Greece. Show all posts
Showing posts with label Greece. Show all posts

December 4, 2015

number of years people stay in a single company by country

GREECE ,PORTUGAL AND BELGIUM  are among the most loyal employees across the world. Apparently  employees  in Portugal, Greece and Belgium  spends an average of 12.5 years working in an organisations . In Greece the average length  for an employee to stick to their jobs are the highest with 13 years. Next comes Portugal , where the average time people spend with  a company is 12.5 years. In Belgium is not uncommon  to  continue working in the same company for 12 years..
 three countries. Employees across Italy France and Poland average tenure at a single company is 11 years

"number of years people  stay in a single company  by country"
How long  does one stay with the same company on an average ?The chart shows  by country the average time people spend at a single job by country. What is the average amount of time spent at a job . United States are among the least to stay on  at a same company for more than 4 years. British  employees on average spend 8.5 years in the same organisation

July 11, 2015

Greece set to join a small and unenviable club of 3 defaulter nations

Greece set to join the developing nations club of zimbabwe , Somalia and and sudan


With Greece tottering towards a default in payments  and on the brink of financial collapse after years of EU and IMF bailouts totalling somewhere in the region of €240 million. It has failed to repay €1.5 billion to the IMF on time and it has now become the very first European Union country in history to fail to repay such a loan. 

 As it is Greece has failed to repay €1.5 billion to the IMF on time and it has now become the very first European Union country in history to fail to repay such a loan. However Greecel now  does have company as  it joins rather unenviable ,unglamorous club containing Zimbabwe, Somalia and Sudan. 
By the end of this year, it needs to repay SDR 4.4 billion ($6.2 billion) and SDR 18.5 billion ($26 billion) over the course of the next 10 years.

July 3, 2015

July 2, 2015

infographic on greece debt : who lent the country and how much:

"who owns money to greece and by how much"

"list of lenders whom greece does not wish to pay"

"list of lenders whom greece does not wish to pay"
As the greece tragedy unfolds. This infographic  goes behind the scenes to shows  how much greece owned and to whom it owes the money to. The country is 323 billion euros in debt ($352.7 billion) to the International Monetary Fund (IMF), European Central Bank (ECB), and other creditors – more than 175% of its GDP – for an aid package it received during the 2008-2009 global financial crisis. Greece was supposed to have made a $1.8 billion payment by midnight (5 p.m. ET) June 30. Next month, it owes another $3.9 billion.

If debt to GDP ratio measures a country's output and is a symbol of the creditworthiness,Greece has a 174.9% debt-to-GDP ratio. Its Eurozone brethren Italy, Portugal, and Ireland come in high as well, at 132.1%, 129%, and 123.3% respectively.But then Greece refused to pits creditors nor wishes to undertake any austerity measures as it has been elected on a populist platform of doing away with the harsh measured which the earlier government tried to do "