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  1. Increase of 11 pct in minimum wage to have knock-on effect in economy
    Photo by MacroPolis

    Economy

    minimum wage of 650 euros gross translates into 546 euros net pay and is almost 64 euros higher... will see pay rises as their salary is based on the minimum wage. Knock-on effect Additionally

    4%

  2. Newsletter 192 -01/02/2019

    Newsletters

    As government increases pay, study shows foreign investment crucial to growth As was widely... euros net pay and is almost 64 euros higher compared to the one set up in 2012. The increase is much

    4%

  3. Government and banks reach deal over new scheme to protect main homes

    EconomyProgramme

    haircut if the residual amount they have to pay on their housing loan exceeds 120 percent of the value... by banks will be able to take their case to court but will have to pay 30 percent of their monthly

    4%

  4. Greece tax wedge rises two places to 13th highest among OECD countries, report finds

    EconomyFeatures

    to an average single Greek worker having a take-home pay after taxes and benefits of 73.9 percent versus... percent for this category. This translates to an average gross take-home pay after tax and family

    4%

  5. Tsipras ramps up fiscal pledges as elections draw closer

    PoliticsGreek Politics

    , which will not pay out any bonus at all to pensioners. The conservatives have so far refused... have also forced the government to pay several years of backpay. Opinion poll Despite SYRIZA’s recent

    4%

  6. NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    reached 3.7 billion euros. ‘Unlikely to pay’ and loans past due by 1-90 days are good indicators of how credit risk is developing. There are some positive signs in the reduction of ‘unlikely to pay

    4%

  7. Fourth review talks conclude with fiscal differences remaining
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    of annual revenue from the commission that banks will pay for the state guarantees. At the same time... the country’s request to pre-pay the expensive part of the IMF loans, close to 3 billion euros

    4%

  8. Banks highlight areas of concern in talks on NPL scheme

    EconomyBanking

    a different risk profile. Another hot topic is the commission that banks will have to pay for the state... to and securitised will pay the commission to the state, whereas bankers appear to favour the solution of paying

    4%

  9. PM calls for unity as opposition reacts to decisions on health, labour

    PoliticsGreek Politics

    . The first concerns the doubling of the reimbursement that the state will pay to private hospitals (from... their regular pay. KINAL claimed that this shifts the cost of the crisis onto workers. The centre-left

    4%

  10. Covid-19 effects spread across number of sectors
    Photo by MacroPolis

    EconomyFeatures

    forced to close during the lockdown find themselves unable to pay rent on their commercial spaces... to claim amounts due to them which shop owners are now unable to pay. Short-term rentals platforms

    4%