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Newsletter 115 - 21/04/2017
forecast of 1.8 percent for 2021. The Fund also upped its projection for the unemployment rate in 2017 to 21.9 percent, from 21.5 percent previously, and expects the jobless rate to drop further to 21... maintained its double-digit increase in February, albeit at a slower growth rate of 20.9 percent
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Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
EconomyBankingexposures (forborne) increased at a double-digit rate of 17.7 percent and reached 50.7 billion..., the stock of performing settled exposures rose by 27.4 percent, while the rate of increase in non... performing exposures. The cure rate stood at 2.3 percent, slightly lower than the default rate of 2.3 percent
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Report highlights latest living conditions and demographics in Greece
Societymen. Overall, healthy life years for women aged 65 in Greece as of 2013 declined at a faster rate... in 2013 before declining again in 2014. The highest divorce rate was reported for marriages that were... for the first time since 1932 (not counting interwar years). The annual birth rate stood at 91,847 in 2015
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Survey shows that Greeks cut back on healthcare visits in 2017
Societyor other service. This is the lowest rate in the last decade - the figure for 2006 was 35.4 percent... in 2006). The remaining 10.8 percent paid over 100 euros. Perception of health Asked to rate their health... the highest rate of response for good or very good health (73.8 percent) while those in the southern Aegean
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PMI at 56.1 in February, most improved since June 2000
EconomyMacroeconomyconsecutive rise in new export orders. As orders grew, firms added to their workforce at the fastest rate..., it was also reported that unfinished work accumulated for the second month in a row and at the highest rate... rate of growth since October 2007. This in turn led to pre-production inventories rising
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PMI slows to 52.9 pts in April, sector confidence hits all-time high
EconomyMacroeconomy-production inventories increasing at the most modest rate in the last four months. Output increased for an eleventh continuous month, although decreasing to the softest rate seen in the last five months... prices at a higher rate and above the level of increase in input costs. On a more positive note
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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomyback. Apart from high taxes on individuals, Greece’s corporate tax rate stands at 29 percent compared to an EU average of 22.5 percent. Bulgaria has a rate of 10 percent, Romania 16 percent and Cyprus... in Greece . The total tax rate for businesses when insurance contributions are factored in was 44
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Newsletter 168 -29/06/2018
the corporate tax rate and to bring down social security contributions. “Whatever debt restructuring is agreed... growth rate, assuming that inflation will reach 2 percent in 2023 and remain at the that level... decrease to 9.6 percent in 2020. However, the GFN-to-GDP rate is projected to increase from the 2020s
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Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
EconomyProgrammeconsultation over the decision not to increase the VAT rate on the five islands in question at the end of June... the VAT rate on five islands,” said ESM managing director Klaus Regling after Thursday’s meetings... also had to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos
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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politics, the fall in the unemployment rate, the increase in exports and improvements in a range of other.... On the issue of corporate tax, Tsipras unveiled plans to reduce it from the current rate of 29... to 100 percent from January 2020, he added. Finally, he pledged that the top rate of VAT would
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