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Travel receipts rise 16 pct in Nov as surplus soars 84.3 pct
EconomyMacroeconomyreceipts reached 14 billion in the 11-month period of 2015 from 13.21 billion last year, while the corresponding payments eased 0.8 percent to 1.86 billion. Overall, travel surplus grew by 7 percent... would mean a rise of 2 million compared to the 2014 figure. Direct tourism revenues are seen
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Gov't unveils bill to overhaul pension system, increase income tax revenues
EconomyProgrammereplacement rates. Replacement rates start from 0.77 percent for the first 15 years up to 2 percent... between 7 - 13,000 euros down to 5 percent for incomes between 57-58,000 euros. The bill treats farmers' main pensions separately, with contributions calculated with a rate of 14 percent for 2017 and 16
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
EconomyGreece’s privatisation chief believes that 2 billion euros can be raised this year from asset sales... agreement for the 14 regional airports is expected to be ratified by Parliament on Sunday. He..., Pitsiorlas said that binding offers from 7 international investors are expected by the end of August
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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammereduce gross financing needs and the debt ratio by around 7 and 25 percent of GDP respectively by 2060. 2... sustainable, the IMF suggests: 1) Maturity extension of 14 years for EFSF loans, 10 years
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Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomy) data showed on Wednesday. The November rate is a new record low for the last 14 years. Since... in the time deposit rate led the weighted average rate on all new deposits down by 2 bps to 0.35... almost stable at 14.48 percent. The housing loan rate retreated by 7 bps to 2.62 percent, while
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Newsletter 162 -18/05/2018
property values in 10,200 areas will have to be signed by June 14. The changes in the values will also... of the business plan by McKinsey which was still being put together. 2 Primary cash surplus at 7.45 bln...’ repayment of 464 million euros, of which 7 million were paid in April. The overall cash balance posted
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBanking. By segment, NPL formation in the retail segment increased by 70 million euros, and declined by 14 million... and spread reduction in Q2 had a negative impact of 7 million euros. Lower interest income from bonds... into costlier management actions, according to the bank. Balance Sheet Eurosystem funding fell by 2 billion
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeatures7 national elections. Since key constituencies, including private and public sector workers... children over the age of 14. (It is worth noting that both the OECD and the ELSTAT figures are extracted... percent annually compared to under 2 percent in Italy Ireland). And whereas in Ireland the loss
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What brought down Golden Dawn?
Society110,023 votes on July 7, 2019 – almost a third of its remaining support. In the space of just six... issues (13 percent) and the party’s overall agenda (14 percent). At its height, the party drew its... came from LAOS, while 4 in 10 came from New Democracy and 2 in 10 from PASOK. Even
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Newsletter 274 -20/11/2020
as December 7, a week after the scheduled end of the lockdown, followed by retail on December 14... as 2024. 2 Budget primary shows deficit at 9.06 bln October figure misses target by 12.32 billion euros
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