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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
AgoraGreek banks concluded the release of their fourth quarter (Q4) results last week, which showed an improved financial and asset quality performance overall. Almost all the core banks recorded a positive bottom-line result for Q4 and turned profitable for...
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House of cards (The rise and fall of Akis Tsochatzopoulos)
Agoraa way to measure people’s units of thought, they would discover that the British think in pints
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Greek retail sales dive 8.5 pct in May after brief rise in April
EconomyMacroeconomyincreased by 2.3 pints to 4.8 in July posting a cumulative rebound of 27.6 points over the past 10 months
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Industrial production stays in contraction for third successive month in Aug
EconomyMacroeconomysuccessive positive months, to -1.3 pints after a rise of 2.6 points in the previous month. Since October
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Newsletter 76 - 03/06/2016
in Q4 2015. Investments (-6.8 percent) and exports (-3.3 percent) saw the biggest drops. Retail trade... that lower income groups in Greece saw their tax burden increase by 337.7 percent from 2008 to 2012... saw their earnings from wages sink the most (by 16.4 to 34.6 percent) between 2008 and 2012, while
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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek Politicseuros. #Greece new unpaid taxes at €763 mln in Apr (from €1.21 bln in Mar) & at €4.33 bln year
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyperiod. This implies an average figure exceeding 1 billion per month. Although the April figure of 763
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyGreece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems. Following May’s performance, the year to date figure of new unpaid tax obligations stands
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Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed
EconomyMacroeconomyThe rate of increase in Greece’s unpaid taxes accelerated to 1.03 billion euros in June from 873 million in May and 763 million in April, according to data provided by the General Secretariat of Information Systems, which also revealed that most tax collection targets are being missed. The June
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Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomyGreece’s central government primary cash balance improved to 2.85 billion euros in the first quarter (Q1) of 2016 from 1.19 billion last year, Bank of Greece (BoG) figures showed on Wednesday. In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million
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