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Budget primary surplus at 4.65 bln in 11-month on lower expenditure
EconomyMacroeconomyfall in property tax. In total, tax revenues beat their target by 379 million euros during the 11-month... (82 million), and missed the target slightly by 3 million. Tax refunds rose to 4.84 billion euros in the aggregate period, below target by 48 million euros. The latest budget for 2018 puts the total
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Which way to the exit?
Agoraturbulent period of recent times in international markets,. Greece needed a total of 170 billion euros... in. The repayment triples in 2021 from 700 million to 2.1 billion. Out of the total of nearly 44 billion.... As things stand, total financing needs for debt between 2019 and 2021 are just over 22 billion
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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomycharacterised by confusion and instability. Between 2001-2015, the report counted a total of 36... in Greece . The total tax rate for businesses when insurance contributions are factored in was 44... paid roughly 67 percent of taxes, while 3 percent of taxpayers with an income of over 42,000 euros
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Travel balance increases by 16 pct in June and 19.5 pct in first half of year
EconomyMacroeconomyby an increase of 22.3 percent in foreign arrivals, coming to a total of 4.1 million visitors for the month... percent to 150,300 while those from Russia dropped by 9.2 percent to 98,600. In total, arrivals from the EU 28 countries rose by 29.7 percent YoY to 3 million. Those from euro-denominated areas rose
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Newsletter 176 -28/09/2018
prove crucial to the process. The Greek government is likely to have to wait until the December 3... and accelerating mildly to 2.2 percent in 2019. The total fiscal balance is seen in a surplus of 0.4... the EFF in 2016. Total obligations to the IMF next year stand at close to 2.5 billion euros
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Piraeus Bank posts net profit of 185 mln in 2018
EconomyBankingand had a total gross book value of 1.8 billion. Two further bad loan portfolio sales are also on schedule with a total gross book value of 1.7 billion euros. These are code named Project Nemo, (secured... and commission income on a recurring basis as a percentage of total assets improved to 50 bps in 2018 from 49 bps
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Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingfor overall operations. Pre-provision income (PPI) rose by 3 percent quarter-on-quarter (QoQ) to 214 million... quarter of last year are priced higher than the total portfolio, stimulating the NII dynamics... wholesale funding cost impact following the total elimination of Emergency Liquidity Assistance (ELA
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ND moves on to next bill after first round of tax cuts approved
PoliticsGreek Politicsmore than 1 million euros are less than 15,000 of 7.3 million taxpayers in total and that their tax relief will be 22 million euros out of a total 465 million euros. He argued that 67 percent of the total reduction would be enjoyed by those owning properties worth less than 200,000 euros. Staikouras
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Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
EconomyMacroeconomyto 2.8 million. Arrivals from outside the EU showed an increase of 11 percent to 3 million. In total.... In total, arrivals from the EU 28 countries fell by 2.2 percent YoY to 2.9 million. Those from euro... figures showed that in 2018, international arrivals at Greek airports rose by 12.9 percent. In total
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Unemployment edges down again in June, falling to 17 pct
EconomyMacroeconomy. Year-on-year, the figure for those employed increased by 80,061 or a rise of 2.1 percent. Total... with June 2018 (-0.4 percent). The total inactive population now stands at 3.19 million... to 9 percent. This was followed by those aged 15-24, where unemployment fell by 3 pps
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