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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomywill continue to fall according to the Commission, though displaying a slowdown due to the minimum wage
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Banks focus on reducing NPLs linked to property
EconomyMacroeconomyrepossessions. While the agency said that the policy measures would support the fall of NPLs in the medium term
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Industrial turnover drops by 6.7 pct in March
EconomyMacroeconomy. In March, declines were noted in all five main industrial groupings. The biggest fall was observed
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OECD lowers growth forecast, warns Athens to maintain fiscal credibility
EconomyMacroeconomyand improving the business environment do not materialise as expected. Additionally, a fall in tourism from
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Newsletter 207 -24/05/2019
number of tax debtors fell by 65,675 month-on-month in March, the second consecutive monthly fall after
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Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
EconomyBankingfall in as many quarters. In the small business loans sector, NPE formation stood at -23 million, also
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Tsipras tries to use Brussels warning to his political advantage
PoliticsGreek Politicsthat the provision will be altered. He had earlier pointed out that even rapes that would fall
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Newsletter 209 -07/06/2019
seen in the survey's history. This led to a marginal fall in the backlog of work. Manufacturers
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Turnover in tourism drops by 19.2 pct in Q1
EconomyMacroeconomyThe turnover index in accommodation and food services dropped into negative territory in the first quarter of Q1, showing a fall of 19.2 percent compared to Q4’s upward revised increase of 2.9 percent, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The relevant increase for Q1
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturestheir tax bill fall through a combination of the lower base rate and cuts to the SSC. Government
3%