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  1. Newsletter 114 - 07/04/2017

    Newsletters

    of the Independent Authority for Public Revenue (IAPR). The figures showed that 2 percent of the total tax debt... involves Athens adopting 1 percent of GDP (roughly 1.8 billion euros) in new measures in 2019 and another 1 percent of GDP in 2020. The first set will be mostly made up of cuts to pension spending

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  2. Greece's updated proposals to lenders and how they compare to previous efforts

    EconomyProgramme

    : New 1) Cut in defence spending by 200 million in 2016 2) Licenses to 4G and 5G for mobile... in the previous proposal. The pension interventions include: 1) Early retirement restrictions totalling 60 million in 2015 and 300 million in 2016 from 71 million for 2016 in the previous proposal. 2

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  3. We can't ignore population shifts within the European Union
    Photo by EC - Audiovisual Service

    Agora

    of the Netherlands.[1] These books are forward looking and start with an analysis of the demographics of each... whether these differences are a cause of population movements in the EU more broadly.[2] In fact... from the east and south to the north and west. Table 1 below presents the data per country

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  4. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    relate to: Expenditure and cost savings (2.39 billion – 37.5 percent of total) 1) Increase in health care...) Revenues (3.99 billion – 62.5 percent of total) 1) VAT rate streamlining including abolition of the 30... on investments, consumption and domestic tourism. Despite GDP growth of 1 percent in the first half of the year

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  5. Newsletter 243 -13/03/2020

    Newsletters

    euros which is 11.5 percent of the total. This is followed by those owing over 1 million euros, which.... A smaller fall of 2 million euros was seen in social security funds, bringing the total 386 million... and playgrounds on Thursday. As of Friday morning, Greece had reported a total of 117 cases, 34 of whom were

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  6. Piraeus announces transformation plan amid 2020 loss of 662 mln
    Image via www.piraeusbank.gr

    EconomyBanking

    of progress in its 1 billion-euro share capital increase and a transformation plan, including new..., compared with a loss of 1 million euros in Q3. The bank’s loss for the whole of 2020 compared... NPE reduction in 2020, including write-offs, was around 2 billion euros in last year, bringing

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  7. Newsletter 349 - 02/09/2022

    Newsletters

    . A total of 142 opposition MPs voted for the centre-left party’s motion (one was absent). Only 120.... This emerges as a more divisive issue, with only 2 pct of ND voters agreeing that Mitsotakis should step..., bringing the ruling party’s backing down to 31.4 pct. Support for SYRIZA has edged up by almost 1 point

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  8. Employment data for 2021 shows 88.3 pct of firms have up to 10 staff, 1 in 5 workers earns below 500 euros

    Economy

    employing up to 50 staff. The total of Greek firms employing less than 50 employees stands at more than... and 9.9 pct was in the 11-50 staff bracket. The total number of people hired in the private sector... recorded in Ergani operates in retail and representing 17.6 pct of total companies, with catering

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  9. Newsletter 197 -8/03/2019

    Newsletters

    ministers will not be in a position to give the green light for almost 1 billion euros in debt... is that the applicant’s total savings should be no more than 50 percent of the unpaid loan, which means... this to be brought down to 25 percent. Another condition is that the total value of other property held

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  10. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    percent in 2017 to 40.9 billion. Total deposits rose by 1 percent annually to 42.72 billion. IFRS 9... into a slight profit of 2 million euros in 2017, compared to profits of 37 million in 2016. The bank noted... of the loans. The total value is 1.6 billion euros, though sources note that in the second phase

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