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SYRIZA unveils array of pledges to win over voters ahead of July 7 vote
PoliticsGreek Politicsfor snap election on July 7, Prime Minister Alexis Tsipras presided over the unveiling of SYRIZA’s... a leading role in the campaign for the July 7 vote as SYRIZA tries to present a more friendly face... income tax rate to 20 percent, scrapping of solidarity tax for incomes below 20,000 euros, entirely
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Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
EconomyBankingPiraeus Bank reversed its first-quarter (Q1) net losses of 7 million to profit of 7 million in Q2... to the reclassification of 69 million from loan impairments. Operating expenses edged up 1 percent QoQ to 292... been reduced by 7 and 8 percent year on year. Impairment losses stayed stable QoQ at 259 million, due
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Tourism institute shows international flight seat schedule to Greece down by 7 pct in 2019
EconomyFeaturesthat international tourist arrivals could drop by up to 7 percent in 2019. In a publication titled “The prospects... percent of tourism revenue in 2018, a drop of 7 percent in international arrivals can be expected this year. This translated to 18.7 million seats scheduled for 2019 compared to 20 million in 2018
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingof 20 million in Q2, which include a one-off trading gain of 77 million from the acquisition of Visa... by a rise in core expenses by 3 percent. Net interest income (NII) edged up by 1 percent QoQ to 484 million..., while has been trimmed by 1 billion since Q3 2015, of which 0.7 billion stems from corporate
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Greek exports up 7 pct in October, reach highest monthly level for 2014
EconomyFollowing a downward trend in the preceding three months, Greece’s exports rebounded by 7 percent... is the highest reading in the year to date. In addition, the 12-month trailing index is down 7 percent... a moderate decline by 1 percent, mainly reflecting the decrease recorded in the last quarter of 2013
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Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
EconomyMacroeconomythe incorporation of the latest rise in the minimum wage to 780 euros per month, effective April 1. The data... workers. Gross earnings in May this year were up by 7 pct, largely incorporating the rise... grew by 5 pct, with the cumulative growth since 2019 up by 14 pct. Of course, the 7 pct increase up
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Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
EconomyBankingvalue per card transaction declined by 7 percent to 112 euros, while the respective figure for debit... that it corresponds to 1 euro per 10,000 euros of card transaction value and to 1 transaction per 8,000 card
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Greece seeks to finalise 1 pct of GDP in new tax measures to close review
EconomyMacroeconomymeasures related to pension reform and direct taxes - each yielding 1 percent of GDP (1.8 billion euros) - the government has to identify additional measures of 1 percent of GDP to cover the fiscal gap of 3... to cover this last 1 percent of GDP are primarily focused on raising (indirect) tax revenues and include
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Turnover in tourism sector up 7 pct in Q4, increasing by 9.9 pct in 2017
EconomyMacroeconomyThe turnover index in accommodation and food services remained positive for a sixth successive quarter in the fourth quarter (Q4) of 2017, growing by 7 percent after an upward revision of the reading... foreseen to increase by at least 1 billion and range between 14.2-14.5 billion in 2017, subject
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CPI stable at 7 pct in Jan as food inflation persists
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) remained broadly unchanged at the start of 2023, rising by 7 percent year-on-year in January, after increasing by 7.2 percent in December, according to the data.... On a monthly basis, electricity rose by 1 pct. Food inflation is prominent, with the rise in breads, meat
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