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  1. Backpay for civil servants gets "positive" measures rolling for government
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    of the reduction, which will start from January 1. Government spokesman Dimitris Tzanakopoulos indicated during... of the corporate tax rate. The latter is due to come down from 29 to 28 percent next year and then by 1... that the institutions expect to occur next year if pension spending is not reduced by 1 percent of GDP

    6%

  2. Tsipras talks up 'positive' measures but polls show little impact so far
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that Athens had succeeded in cancelling the 1 percent reduction in pension spending, which was due... of SYRIZA (30.5 percent vs 21.5 percent), which means the gap between the two has narrowed by just 1... grown by 1 point since the company’s last survey in July. The polling company also notes a slight

    6%

  3. Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
    Photo by MacroPolis

    EconomyBanking

    that is expected to increase the bank’s capital value by 1 billion euros. The deal will take the form... ordinary shares for every 1 Grivalia ordinary share, while Eurobank shareholders will retain...) and pre-provision income of 1 billion (0.28 euros per share) based on nine-month results. Around 30

    6%

  4. Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
    Image via www.alpha.gr

    EconomyBanking

    the Jupiter portfolio of NPLs valued around 1 billion euros to a consortium of funds managed by Apollo and IFC... of investment banking and brokerage. Recurring operating expenses rose by 1 percent QoQ 274.5 million, falling... plan. Capital The Common Equity Tier 1 (CET1) ratio stood at 18.3 percent, down slightly from

    6%

  5. Newsletter 186 -07/12/2018

    Newsletters

    in coming years Greece’s seasonally adjusted (SA) GDP grew by 1 percent quarter-on-quarter (QoQ... from 4.76 million in August. GDP growth of 1 pct seen QoQ in Q3 In current prices, the increase YoY... percent QoQ. Greece’s GDP grew by 1 percent in the third quarter (Q3) of this year according

    6%

  6. Newsletter 187 -14/12/2018

    Newsletters

    by a fall in the number of unemployed by around 34,200 quarter-on-quarter, keeping the figure under 1... and fishing. CPI up by 1 pct in November Latest reading marks eight consecutive months of price rises... Price Index (CPI) rose by 1 percent in November from a rise of 1.8 percent in October, ELSTAT data

    6%

  7. Athens poised to unveil new minimum wage as post-MoU review continues
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    , the IMF maintains its long standing position that growth will retract to just above 1 percent, when... will then be issued by Labour Minister Efi Achtsioglou so the new minimum wage can be implemented from February 1... minimum wage up to around 630 euros from February 1.

    6%

  8. Newsletter 192 -01/02/2019

    Newsletters

    into force on Friday, February 1. The increase was more than had been expected and above the level... time in a decade to 650 euros per month, from 586 euros currently, effective from February 1... their earnings improving as of February 1. The new minimum wage of 650 euros gross translates into 546

    6%

  9. General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
    Photo by MacroPolis

    EconomyMacroeconomy

    budget arrears (-29 million). Extrabudgetary fund arrears rose by a slight 1 million euros.... In the other underlying subcategories, T-Bills edged up by 1 million to 15.28 billion (4.3 percent... under 1 billion euros. Bank support guarantees came to 350 million as mentioned, leaving

    6%

  10. 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... to revised data, the increase in the first, second and third quarters of 2018 was 0.3 percent, 1... contraction of 1 percent in 2017. Compared to the previous quarter, apartment prices rose by 0.7 percent

    6%