Search
-
New unpaid taxes rising steadily, reach 3.5 bln in Q1
EconomyMacroeconomymainly reflects revenue collection of 589 million and write-offs of 148 million. The total stock of new.... The Finance Ministry (MoF) has said that from the total outstanding tax arrears, the effective... that lasted until the end of March and provided for an upfront payment of tax capital eliminating
4% -
Newsletter 30 - 12/06/2015
weeks, it would reasonable to assume that total deposit outflows, including both private and public... to 68 percent of GDP. The total figure also includes liquidity of 38.5 billion via EFSF bonds... to the participation of the Hellenic Financial Stability Fund (HFSF) in their capital increases at that time
4% -
MPs vote for referendum amid growing uncertainty about euro membership
PoliticsGreek Politicsfor a referendum was supported by coalition MPs but also by Golden Dawn, gaining a total of 178 votes. New Democracy, To Potami, PASOK and the Communist Party voted against for a total of 120. Two MPs were... that the Greek government should adopt capital controls. “We stress that the expiry of the EFSF financial
4% -
Car sales rise by 21.7 pct in June for fifth straight increase above 20 pct
EconomyMacroeconomypercent of total road motor cars. Following the double-digit growth rates posted in the first six... to around 83 percent of total. The Attica district registered more than 57 percent of the country’s... of capital controls with a large number of transactions paid in full (and not in instalments) in cash.
4% -
Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
Economy. The key changes relate to: 1) Total consumption, lowered by 4 billion to 160.39 billion 2) Change... showed that total consumption declined by 22.5 percent or 46.6 billion over this period. This consumption fell by 3.65 billion. Gross fixed capital formation slumped by 48.1 percent (from 46.9 percent
4% -
Newsletter 49 - 30/10/2015
July 2003. Total deposits are at their lowest level since July 2003. Economic sentiment creeps up... tested. Tsipras’s task in trying to hold all this together and prevent a total collapse is huge. His... were used up, government arrears climbed to almost 6 billion euros, capital controls choked numerous
4% -
Progress in bailout talks but foreclosures and NPL management stand in way of agreement
EconomyProgrammeon the government’s proposal to cover a total of around 58-60 percent of indebted households so... but the idea of using the homeowner’s total debt seems to be off the table. On the management of NPLs...’ capital increases with their book-building process expected to end within with this week amid
4% -
Greece close to agreement that would unlock sale of Astir Vouliagmenis
Economy) with the total size of the hotel complex at 120,000 square meters. Market sources indicate that NBG would receive 300 million from the total consideration of 400 million and HRADF the remaining 100 million... the completion of the transaction, which would reportedly include a capital increase covered by the state
4% -
Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammein contributions e.g. for 1 pp in total. This means that the government has to consider alternative measures... in the implementation process. In addition, the government has to identify measures yielding in total 1 percent..., also encouraging the return of deposits and the lifting of capital controls. In addition, it would
4% -
HRADF's updated plan for 19 privatisation projects published
Economyfor development and management of the total area of 6 million square meters for 99 years. The cash.... The process for the sale of a 67 percent stake (of the total 74 percent owned by HRADF) in Thessaloniki Port... of capital to shareholders, the appointment of advisors in Q3 2016 and business plan. In addition
4%