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Two years on, Greek government ready to give up on higher heating fuel tax
PoliticsGreek Politicswas reduced during the winter (October to April) and brought back to normal levels for the remainder.... During the second year, demand rose by 12.9 percent with revenues from the excise tax increasing.... The ministry estimates that the net revenue shortfall from heating oil stood at 300 million euros
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SMEs, backbone of Greek economy, have shed 27 pct of jobs since 2008
Economy2008, while the number of construction SMEs and turnover halved during this period. At manufacturing... percent. The only SME sectors that managed to grow during the downturn were those of mining.... Based on preliminary estimates for 2014 and 2015, the Commission does not foresee a major reversal
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Newsletter 19 - 13/03/2015
a separate, unique claim. During the Second World War, the Greek government was forced to provide loans... the war and that during Greece’s military dictatorship it was an oasis of international culture and free... estimates put this amount at 10 to 11 billion euros in today’s money. In today’s discussions about
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Mentioning the war so we don't have to mention the war
Agoraclaim. During the Second World War, the Greek government was forced to provide loans to the Nazi occupiers so they could cover the costs of maintaining the military presence in Greece. Some estimates... and that during Greece’s military dictatorship it was an oasis of international culture and free thought
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Newsletter 51 - 12/11/2015
a reflection of how the characterful and purposeful Schmidt had enriched European politics during his long... Konstantinos Karamanlis during his self-imposed exile in Paris) who is cast in the role... following a downward revised 0.4 percent growth in Q2, according to flash estimates. Q3’s figure
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingpercent in the next 3-4 years. Asked during the conference call, the management indicated it would... profitable in the next years. During the conference call, the management provided guidance for 2016, noting it estimates the bank to become profitable mainly on the back of mid-teen PPI growth, cost
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Newsletter 84 - 29/07/2016
issues during the summer is part of a conscious government strategy to prevent resentment over the 3... solely self-serving and denying taxpayers the public service they are entitled to. It was during one... system. The government estimates that around 3–4 billion euros may be returned to Greek banks
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HFSF records losses of 578 mln in Q1 on negative revaluation of bank holdings
EconomyBankingin the four core banks stood at 25 billion euros during the first round of bank recapitalisation... 14,338 euros a year ago. During Q1, the fund received 30 million from one (ATEbank) of the 12 banks... estimates the recoverable amount stands at 2.02 billion.
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Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
EconomyMacroeconomy. This is largely attributed to more competitive prices offered during the peak tourism season. Another... (food services and accommodation) picked up during the crisis, increasing their market share both.... Keeping with the draft budget and European Commission’s estimates, the BoG forecasts that growth
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Newsletter 95 - 11/11/2016
minister attaches to this goal was evident in his choices during the cabinet reshuffle announced last... for promulgating all kinds of conspiracy theories during the crisis. That this constant chipping away..., the European Commission kept its GDP estimates for Greece unchanged, pointing to a slight recession
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