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Extra taxation did not increase revenues in 2017
EconomyFeaturesbillion in 2016 to 85.32 billion in 2017. When the tax revenue is broken down, rises were noted... on income and assets came to 18.09 billion in 2017, down by 40 million compared to 2016. The rise
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingto 242 million versus 260 million for the same quarter last year, down by 7 percent. The cost-to-income... losses came to 164 million, down by 86 percent against the figure of 1.18 billion in Q4. In the first
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Report on PPC’s viability ruffles feathers and shakes share price
EconomyFeaturesof Environment and Energy, Kostas Skrekas, stated that the coalition government had brought down PPC... of increasing electricity tariffs and PPC could even be shut down,” he said. Both the government and PPC
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Newsletter 162 -18/05/2018
percent. It appears that the IMF has now backed down from its previous position and, according... Skrekas, stated that the coalition government had brought down PPC with their lies, while both PPC
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Greek Salad (made in Italy)
AgoraThe anticipated creation of a populist government in Italy has sent shivers down the spines of those who have been following developments in Greece since 2015. Indeed, there are enough similarities... down the line, the romance keeps going, the two united by fear of electoral oblivion were they to split
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Mitsotakis applies pressure over MoU exit and name talks
PoliticsGreek Politicsthis summer. If bond yields do not settle down, there will be fresh calls for Prime Minister Alexis Tsipras... to 20 percent, bring the ENFIA property levy down by 30 percent and drop the base income tax rate to 9
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingfocusing on bringing down the volume of bad loans on their books. The target is to bring the stock down
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Tsipras waits on name issue and debt talks, Mitsotakis pledges tax cuts for tourism
PoliticsGreek Politicsbriefed about the negotiations. Despite playing down talk of a deal, Athens remains hopeful that common... to gradually reduce the corporate tax rate from 29 to 20 percent, bring the ENFIA property levy down by 30
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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomyquarters of increases. Broken down by component, imports of goods fell by 4.6 percent QoQ and by 6.1... revised down slightly from 1.9 percent to 1.8 percent. The European Commission (EC) revised its growth
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Bond difficulties put a dent in coalition's exit plans
PoliticsGreek Politicshave dropped below 4 percent. The Finance Ministry attempted to play down the Reuters report... three years as it was “unable to bring yields down to the average of the European south.” Perhaps also
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