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  1. Revenues of 1 pct of GDP targeted from changes to income tax and solidarity levy

    Economy

    for the bulk of self-employed (87 percent) who declare net income below 20,000 euros. This group... 18,000 euros. The net impact from the new rates on income tax and the solidarity levy would entail much

    7%
  2. Greek tax wedge remained far above OECD average in 2015

    EconomyMacroeconomy

    . When looking at the employee net tax burden – which strips out any employer contributions... in 2015, 1.2 pp below the OECD average of 25.5 percent. However, the net tax burden for a married

    7%
  3. Primary cash surplus widens to 2.85 bln in Q1

    EconomyMacroeconomy

    in the corresponding period last year. The net balance of the central government also recorded a surplus of 524... on April 15 a primary surplus of 2.68 billion euros in Q1 with net revenues up 3.6 percent to 10.95

    7%
  4. Greek stocks jump 2.8 pct during week on improved market sentiment

    Economy

    . Corporate news Hellenic Petroleum’s adjusted net profit reached 70 million in the first quarter (Q1) up 30... million. Titan reported on Thursday net loss of 18.6 million in Q1 from profit of 6.6 million

    7%
  5. Primary cash surplus improves to 2.93 bln at end of April

    EconomyMacroeconomy

    a surplus of 83 million in April from deficit of 135 million last year. The net balance of the central... a different accounting method, displayed a primary surplus of 2.38 billion in the 4-month period with net

    7%
  6. Greek stocks rise 2.7 pct during week as bailout agreement nears

    Economy

    . Corporate news Eurobank reported on Tuesday net profit of 60 million in the first quarter (Q1... posted Q1 net profit of 10.6 million unchanged from last year with rental income up 10.9 percent to 15.4

    7%
  7. Government tables amendments with aim of securing bailout tranche within days

    EconomyProgramme

    of fiscal measures in absolute terms and relative to GDP will be taken into account on a net basis, i.e. after deducting their impact on net revenues. Others Other interventions relate to a change

    7%
  8. Greek banks on cusp of improved liquidity conditions

    Agora

    position and boosting their net interest income (NII) and fee income as well as enhancing... funding entailing a positive impact of 130 million euros on their net interest income (NII

    7%
  9. Primary cash surplus more than doubles to 2.8 bln in first half of 2016
    Photo by MacroPolis

    EconomyMacroeconomy

    from last year’s surplus of 238 million. Similarly, the net balance of the central government also... billion in the first half with net revenues and expenditure increasing by 5.9 and 2.7 percent respectively

    7%
  10. Bank of Greece report overviews lenders' profitability, urges drastic NPL management
    Photo by MacroPolis

    EconomyBanking

    billion at the end of 2010. Over this period, net loans dropped by 121.7 billion to 185.1 billion... have been restructured with net loans now making up 53.5 percent of assets from two-thirds in 2010

    7%