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  1. Industrial production rises at slightly faster pace of 2.2 pct in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) increased by 2.2 percent in December after a downward revised growth of 2 percent in November, Hellenic Statistical Authority (ELSTAT) data showed... of the total index. In addition, mining and quarrying production edged up 0.6 percent. On the flipside

    20%

  2. BoG sees chance of normality returning if review concludes swiftly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is expected at around 2 percent of GDP in 2016, above the programme target of 0.5 percent, while... in the fourth quarter of 2016, with the total stock edging down by 1.3 billion to 106.3 billion

    20%

  3. Gucci and Greece’s lost photo opportunity
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    character. The rejection came at a price - Gucci had offered 2 million euros towards restoration works.... Films must also reach a minimum UK spend requirement of 10 percent of the total budget, which goes

    20%

  4. Multiple potential benefits await Greece if it can clinch QE eligibility
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    EconomyFeatures

    to the universe of eligible assets. The maturity range was initially set between 2 to 30 years... billion for ECB expanded asset purchase programme (APP), also taking into account that 90 percent of total

    20%

  5. With tax-free threshold set for change, income declarations underline need for rethink
    Photo by Lazaros Koutsoukos/Fosphotos

    EconomyProgramme

    -employed have an annual income that exceeded the 9,000-euros mark in 2015. The breakdown for the total.... The government has counter-proposed a reduction of 15 percent in the single property tax (ENFIA), a cut by 2 pp

    20%

  6. Stocks edge down 0.6 pct as review talks continue
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    lowest level since January 2. However, it climbed to around 51 million on Friday. Overall, the lack... million from 492 million in 2015. The board of directors proposes the distribution of a total

    20%

  7. Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    income tax (-79 million). Indirect taxes declined by 2 percent in February, but rebounded by 6.2... was slightly higher (30 million) than target. Overall, total expenditure fell by 4.8 percent to 7.74

    20%

  8. Newsletter 113 - 31/03/2017

    Newsletters

    obligations. The minimum amount of total debt that could be included in the workout stands at 20,000... in the course of 2016 is expected to continue this year, albeit at a slower pace. 2 Deposit outflows continue

    20%

  9. Primary cash balance turns to 295 mln deficit in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 524 million last year. This includes revenues of almost 2 billion, related to National Bank (NBG... billion to 12.91 billion. When stripping out arrears’ payment the rise in total expenditure stands at 773

    20%

  10. Newsletter 117 - 05/05/2017

    Newsletters

    million in unpaid taxes. Overall, the total stock of overdue obligations, including legacy and new tax... of listing the 2 percent of GDP in expansionary counter-measures (tax cuts and social spending

    20%