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  1. Wages index up by 1.8 pct in Q1 YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index rose by 1.8 percent year-on-year (YoY) in the first quarter (Q1) of 2019, following an upward revised rise of 5 percent in Q4, Hellenic Statistical... in Q1 2018 came to a YoY increase of 5 percent. On a quarterly basis, the index fell by 1 percent

    8%
  2. Retail turnover falls by 2 pct in Apr, volume declines by 2.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    from a revised increase of 5 percent in March. As with the retail index, the volume index has... and cosmetics. This was followed by automotive fuel (-5 percent), supermarkets (-3.2 percent) and clothing

    8%
  3. Tracing the decline of the middle class as parties vie for its votes
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    . However, as we noted in a previous analysis about half the tax burden is borne by the top 5 percent... that a gross income of 33,000 euros today puts a household in the top 5 percent of earners

    8%
  4. New government holds first talks with creditors, may opt for cautious fiscal approach
    Photo by MacroPolis

    EconomyProgramme

    the interest rate from 5 to 3 percent. It will also be easier for companies to apply. Reports suggest... are expected to resume from September 5, when the next Euro Working Group meeting will be held

    8%
  5. Mitsotakis promises 'new normality,' lines up tax cuts straight away

    PoliticsGreek Politics

    be brought down from 5 to 3 percent. He added that companies owing up to 1 million euros would be allowed... percent (and from 24 to 20 percent next year). The tax on dividends will be reduced from 10 to 5

    8%
  6. Tax cuts spearhead Mitsotakis's message in Thessaloniki

    PoliticsGreek Politics

    the tax on dividends will be brought down from 10 to 5 percent, as promised by New Democracy before... of 2020 and by 5 points by the end of 2023. In the coming years, the trade tax paid by the self

    8%
  7. Overall loan interest drops to 4.32 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    rate on consumer loans with a defined maturity at a floating rate rose by 5 bps to 10.29 percent... points to 4.78 percent, while the corresponding rate on loans to sole proprietors also dropped by 5

    8%
  8. Newsletter 231 -06/12/2019

    Newsletters

    consumption expenditure edged up by 0.5 percent on an annual basis. Gross capital formation fell by 5 percent... formation increasing by 5.7 percent QoQ. Gross fixed capital formation declined by 5 percent after

    8%
  9. Haftar defeats prompt Athens to take fresh look at Libya crisis
    Photo via https://flic.kr/p/2itcUXr

    PoliticsForeign Policy

    of negotiations within the framework of “5+5” agreed by the so-called Berlin Conference. The Greek side

    8%
  10. Overall loan interest at 4.05 pct in April, hitting new series low
    Photo by MacroPolis

    EconomyMacroeconomy

    account loans and overdrafts fell by 5 bps to 14.62 percent. The average interest rate on consumer... interest rate on corporate loans without a defined maturity decreased by 5 basis points to 4.56

    8%