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  1. Vote on tax bill due this week as ND pushes for adoption of first three draft laws
    Photo by MacroPolis

    PoliticsGreek Politics

    interest cut from 5 to 3 percent, and the minimum monthly instalment lowered from 30 euros to 20 euros... 20 million euros annually, 500 million euros of savings from maintaining the 5-to-1 public sector... as a percentage of income, ranging from 10 percent for incomes up to 10,000 euros up to 20 percent

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  2. S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
    Photo by MacroPolis

    Economy

    profiles in its sovereign ratings universe, with the debt held by the private sector accounting for just 20... in collections and 20 pct of the current account receipts. This will be somewhat cushioned by the range... 157 pct in 2019. S&P estimates the total liquidity reserve at roughly 20 pct of GDP, a factor

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  3. Lockdown reduced spread of Covid-19 by 80 pct, research indicates
    Photo by MacroPolis

    Society

    such as a reduction of 50 percent in school contacts (eg. smaller classrooms as opposed to full closures), 20 percent in work contacts (via remote working) and 20 percent in leisure activities could reduce... by 55 percent and up by 20 percent for residencies. At the end of May, residential visits were higher

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  4. General govt primary cash deficit of 1.85 bln in Apr as revenues decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros last year. In local governments, a decline of 20 million euros was seen, taking the total to 163... million), subsidies (-62 million) and interest paid (-20 million). Arrears Arrears to the private sector...) and SSFs (-20 million). ​At 26.1 percent of the total, tax refunds make up the majority of arrears

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  5. NBG results show net profits of 465 mln euros on strong income
    Photo by MacroPolis

    EconomyBanking

    securities portfolio (264 million) in Q1 20. In Q2, trading and other income normalised to 12 million... YoY to 383 million in H1 20. Lower personnel expenses were driven by the bank’s voluntary exit scheme... in Q2 20, equal to 94 bps over net loans, from 70 million in Q1 which excludes pandemic-related

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  6. Bridge scheme activated as banks look to avoid second-wave NPL increase
    Photo by MacroPolis

    EconomyBanking

    , the concern is that bad loans could inflate to between 10 and 20 billion euros. The 20 billion euros that are currently in moratoria represent 20 percent of the loans that were still being properly serviced

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  7. Lenders acknowledge reforms, flag up tricky fiscal path ahead

    EconomyProgramme

    of GDP over the next 20 years, and decrease to 13 pct of GDP by 2060. The Commission notes... up gross financing needs to just under 20 pct for higher rates and above 20 pct of GDP from

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  8. Government and citizens in Montenegro: Turning a deaf ear to warnings, measures and responsibility
    Photo via https://flic.kr/p/2ixuThi

    Agora

    aged 20 to 39. "Unfortunately, the group of people most responsible for spreading the virus are the least vaccinated - the turnout in these categories is 20 to 30 percent, so older people suffer from... vaccinated - only 20 percent. So far, 762,340 doses of vaccines have been provided - Pfizer, Sputnik V

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  9. Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    that compares the income of the richest 20 percent with the poorest 20 percent dropped to 5.3, from 5.8 in the previous year. The richest 20 pct in 2022 held 45.3 percent of income, while the lowest

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  10. Newsletter 386 - 23/06/2023

    Newsletters

    beating in May, losing by more than 20 points. Alexis Tsipras is fighting for his political future... an area of concern in 2022 as the current deficit exceeded 20 billion euros, to levels not seen since... is lower by 20 pct, down to 9.64 billion, or 2.5 billion euros. The oil balance is a more modest 2.16

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