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  1. ND lining up tax, development and labour legislation for autumn
    Photo by MacroPolis

    PoliticsGreek Politics

    measures in the coming months. To Vima reported on Sunday that the drafting of the second tax bill... Vroutsis submitted two emergency amendments. One set a limit on pensions and the second scrapped the need

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  2. Mitsotakis courts French investments, announces corporate tax cuts

    PoliticsGreek Politics

    percent. The announcement was made in an interview with Le Figaro, along with plans for a second... during the election campaign. The government is set to table a second tax bill in the coming weeks

    17%

  3. Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank’s second quarter (Q2) results from continued operations showing a profit of 20 million euros compared to a net profit of 14 million in Q1 2019. The latest results mark a fifth continuous... stood at 57bps in the second quarter versus 61bps in Q1 2019, down from 65bps in Q2 2018. The bank

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  4. Eurobank net profits at 6 mln in Q2 amid increasing securitisations
    Photo by MacroPolis

    EconomyBanking

    Eurobank recorded net profits of 6 million euros in the second quarter (Q2) of 2019 compared to net profits of 19.7 million in Q1. This represents a quarter-on-quarter (QoQ) decline of 69.4 percent... between 2018 and 2021. Reductions in the second half of 2019 are expected to come from

    17%

  5. Q2 rise of 7.7 pct in apartment prices marks 12-year high
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The rise in the nominal value of apartments in Greece came to 7.7 percent year-on-year (YoY) in the second quarter (Q2) of 2019 from an upward revised increase of 4.9 percent in Q1, Bank of Greece (BoG) data showed on Monday. According to the revised data, the increase in the second, third

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  6. Unemployment edges down again in June, falling to 17 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    showed that July’s negative balance was the second highest for the month on record after July 2015.... Ergani noted that the balance for the first seven months of the year in 2019 was the second highest

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  7. Tax cuts spearhead Mitsotakis's message in Thessaloniki

    PoliticsGreek Politics

    move up the rankings in the EU from second to last place. In terms of the public sector, Mitsotakis... Prokopis Pavlopoulos or whether the Greek president might serve a second term after his current one

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  8. Unemployment drops to 16.9 pct in Q2, hitting eight-year low
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The Greek non-seasonally-adjusted unemployment rate stood at 16.9 percent in the second quarter (Q2) of the year, dropping notably from a rate of 19.2 percent noted in Q1, Hellenic Statistical... for a second consecutive quarter. Part-time employment edged down to 9.1 percent from 9.2 percent in Q1

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  9. Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    . The country had two programmes with the IMF, one at the start of the crisis and a second in 2012. During the first programme, the Fund disbursed roughly 20 billion euros, and just 12 billion in the second

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  10. Newsletter 221 -27/09/2019

    Newsletters

    and tax intakes, combined with proposed measures to enhance electronic transactions, and second round... for a second month, with outflows of 402 million euros compared to outflows of 721 million euros in July

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