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  1. Central Athens shop closures at six-year low, mixed picture in other commercial centres
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    the March 2017 survey’s total of 26.3 percent. For Piraeus, the closure rate was 34 percent, down... with the index falling to 0.685. Although the improving closure rate is good news for the capital’s

    13%
  2. Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018

    EconomyProgramme

    its stake, the government could then add up to 14 percent of its own stake to bring the total offer... in the share capital of Hellenic Petroleum (HELPE). HRADF holds 35.5 percent of HELPE shares

    13%
  3. About last night
    Photo by MacroPolis

    Agora

    loan package came to a total of 130.9 billion euros and was due to be repaid from 2023. The first... framework sooner, growth earlier, better functioning banks and no capital controls. Despite all

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  4. IMF concludes Article IV consultation, prepares to publish DSA in July

    EconomyProgramme

    of GDP total financing needs. In the European baseline scenario of nominal growth of 3 percent... officials have been in the Greek capital this week for meetings with the government. These were

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  5. For better or worse: Greece's bailout exit deja vu
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    to the eurozone and the International Monetary Fund disbursing almost 10 billion euros in total. The European... capital controls, the IMF held a consistent view that Greece’s long-term challenges persist

    13%
  6. More changes needed to unlock private sector's potential, report says
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    - and knowledge-intensive sectors in the total economic output has risen slightly, and the share of fast... systems; efficient regulation of product, labour, and capital markets; and a moderate tax level

    13%
  7. Athens taking more time to consider 2019 measures ahead of budget talks
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    of the year, total arrears have fallen by 596 million euros. The original target of settling all... of GDP in pension cuts next year. Financial news website Capital suggested that the value of measures

    13%
  8. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    balances stood at 3.8 billion in late August 2018. A total of 3.1 billion in new loan generation has... to 41.9 billion. On an aggregate basis, deposits rose by 1 billion euros. Capital The CET1 ratio came

    13%
  9. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    and, according to Tsipras, the total backpay of around 1 billion euros they are owed as a result... “the capital of the Balkans.” During Sunday’s press conference, Tsipras also said that he does not expect

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  10. Greek tax rate hikes among highest in OECD countries, tax report shows
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    that between 2000 to 2016, total tax revenues in Greece rose from 47.1 billion euros to 67.7 billion euros... and capital gains rose from 12.7 billion to 15.9 billion. Within this category, taxes on individuals

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