Search
-
Supplemental MoU sets out path for maintaining fiscal sustainability
EconomyProgrammeworth 1 percent of GDP each will be implemented. This was a discussion that was conditional... will be 1:1. IAPR will also be able to benefit from the public sector mobility scheme, with full... welfare, on top of the existing pension reform that is seen yielding 1 percent of GDP by 2018
10% -
Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
EconomyMacroeconomy. Despite coming to a deficit, the balance beat its target by just over 1 billion euros. On a monthly..., above target by 188 million euros. Tax refunds rose by just under 1 percent to 2.33 billion, below..., while VAT revenues also rose by 1 percent to 9.12 billion. On a monthly basis, indirect taxes rose
10% -
Going for Growth: What next for Greece's economy and banks?
Agoratourism numbers in 2018 - some 30 million visitors who between them spent 16.1 billion euros[1]. And yet..., with a series of capital market suspensions and a stock market that has contracted by 83 pct (figure 1), a staggering figure. Figure 1: Greek Stock Market Capitalisation Few will shed a tear for the plight
10% -
General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
EconomyMacroeconomytransfers which increased strongly by 1 billion to 2.01billion euros from 1.01 billion a year ago...) and extrabudgetary funds (-1 million). Increases were noted in hospitals (+87 million) and local governments... of the total. Bank of Greece lending edged up by 1 million in February and came to 2.38 billion, which
10% -
Newsletter 217 -02/08/2019
for those on lower incomes and the middle class.” He said that those owning properties worth more than 1... from 5 percent to 3 percent. Furthermore, businesses that owe up to 1 million euros (the original debt... issue 26-week T-bills just short of 1 percent with the eight issues of this duration over the year
10% -
Hotel owners sound warning over Thomas Cook revenue losses
EconomyFeatureswere 1, 2 or 3 star establishments, 32 percent were 4 start and 21 percent were 5 star. The lower.... Specifically, the amount of turnover generated via Thomas Cook for 1, 2 and 3 star hotels came... multiplier effect is added in, which estimates that for every 1 euro of tourism revenue generated
10% -
Lockdown reduced spread of Covid-19 by 80 pct, research indicates
Society. The R number is considered important by epidemiologists because once the number rises above 1, it is considered that there is a risk of an epidemic. When the R number remains under 1, the risk... estimated that the impact of the lockdown was so extensive that it would have reduced the R number to 1
10% -
Newsletter 254 -19/06/2020
of State Giorgos Gerapetritis hinted that the changes may be announced sometime after July 1, once... to be announced between July 1 and the Thessaloniki Expo in early September, with more precise... quarter-on-quarter (QoQ). The number of unemployed came to 745,093 in Q1, staying below the 1 million
10% -
Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking) in H1 came to 727 million, up by 1 percent YoY, mainly on the back of improving funding costs... million euros. In Q2, operating expenses came to 255 million, down by 14 percent YoY and 1 percent... improved to 83 percent versys 85 percent a year earlier. Capital The Common Equity Tier 1 (CET1) ratio
10% -
Newsletter 277 -11/12/2020
slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... by 1.04 bln month-on-month as debtors rise New tax debt totalled 4.94 billion, lower than the figure... at 107.41 billion. This represents a rise of just under 1 billion euros month-on-month. CPI falls
10%