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Newsletter 82 - 15/07/2016
the current monthly limit for dismissals from 5 to 10 percent. Speaking in Parliament on Monday, the Bank
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ELSTAT publishes data on bankruptcies since 2004, showing deterioration during crisis
Economyup 5 percent of total bankrupt firms. ELSTAT figures also showed that for an average annual number
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Unpopular but effective property tax returns for another year
EconomyMacroeconomymillion euros. The next bracket involves around 1.5 million taxpayers (one in 5) who declare
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Bank of Greece report overviews lenders' profitability, urges drastic NPL management
EconomyBankingto PSI and loan quality deterioration, banks’ shareholders’ equity increased by around 5 billion
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Greek stocks remain flat during week, banks underperform
Economypercent. Banks remained volatile with notable losses of 5–6 percent on Monday and Thursday followed
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General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln
EconomyMacroeconomysurplus of 57 million, while SSFs posted a marginal deficit of 5 million. The evolution of the key gg
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After calm summer, hectic September lies ahead for Greek government
EconomyProgrammeof Hellenic Telecom (OTE) shares (5 percent) currently held by the state to the Hellenic Republic Asset
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CPI tumbles by 1 pct in July
EconomyMacroeconomy) followed by transport and housing prices that fell by 5 and 4.3 percent respectively. In contrast
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Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomya higher decline in imports by 180 million euros (5 percent) compared to a 117 million decrease (5.4
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Greek stocks down 2.6 pct on week, banks underperform for fifth straight week
Economyinclude Public Power Corporation – PPC (-5 percent) and Jumbo (-4.1 percent). The daily turnover posted
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