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Wages index up by 1.8 pct in Q1 YoY
EconomyMacroeconomyGreece’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
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Retail turnover falls by 2 pct in Apr, volume declines by 2.7 pct
EconomyMacroeconomyfrom 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
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Tracing the decline of the middle class as parties vie for its votes
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
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New government holds first talks with creditors, may opt for cautious fiscal approach
EconomyProgrammethe 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
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Mitsotakis promises 'new normality,' lines up tax cuts straight away
PoliticsGreek Politicsbe 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
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Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek Politicsthe 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
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Overall loan interest drops to 4.32 pct in October
EconomyMacroeconomyrate 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
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Newsletter 231 -06/12/2019
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
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Haftar defeats prompt Athens to take fresh look at Libya crisis
PoliticsForeign Policyof negotiations within the framework of “5+5” agreed by the so-called Berlin Conference. The Greek side
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Overall loan interest at 4.05 pct in April, hitting new series low
EconomyMacroeconomyaccount 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
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