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  1. Greek tax wedge remained far above OECD average in 2015

    EconomyMacroeconomy

    The tax wedge in Greece remained well above the OECD average in 2015, according to the OECD Taxing Wages 2016 report released on Tuesday. OECD defines tax wedge on labour income as a ratio with the numerator equal to the sum of personal income tax plus ...

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  2. IMF far more pessimistic than eurozone on Greek debt, urges significant relief
    Photo by Panayiotos Tzamaros

    EconomyProgramme

    The International Monetary Fund's updated Debt Sustainability Analysis (DSA) sees Greek debt as being highly unsustainable and stresses that even with the full implementation of the policies included in the third eurozone bailout programme, both debt an...

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  3. Primary surplus up to 3.9 pct of GDP in 2016, far above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government primary surplus climbed to 3.9 percent of GDP in 2016, according Hellenic Statistical Authority (ELSTAT) first notification published on Friday. The headline figure confirms recent comments made by the government and top euro...

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  4. SYRIZA and ANEL: Far from picture-perfect

    Agora

    The picture from the first meeting between Alexis Tsipras and Panos Kammenos in January 2015, after SYRIZA’s election victory was a sign of things to come. The pair’s idiosyncratic alliance is coming to an end now, having lasted longer than many observe...

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  5. Survey finds only 60 pct of hotels operated in the year so far
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    The Hellenic Chamber of Hotels (HCH) has released a new survey of its members which shows the troubled state of Greece’s hotel sector in the midst of the coronavirus pandemic. It found that only 60 percent of hotels operated during the year to date. Reg...

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  6. Greek stocks fall 3.1 pct over week, volumes soar on Friday due to FTSE reclassification

    Economy

    ) and Public Power Corporation – PPC (-9.1 percent). The daily turnover climbed to 305 million euros

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  7. Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    by to 433,200. In contrast, the average expenditure per trip increased by 9.7 percent to 305 euros

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  8. IMF examines where programme went wrong, what lessons were learnt
    Photo by Panayotis Tzmaros/Fosphotos

    EconomyProgramme

    and the OSI, public debt recorded a relatively modest immediate decrease to 305 billion euros (160 percent

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  9. BoG reveals figures for repatriation and banknotes returning to banking system
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    of 305 million was almost double that of corporates, while in the July 2015 – December 2016 period

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  10. Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
    Photo by MacroPolis

    EconomyBanking

    -on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following

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