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  1. One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    a valuation of 2 billion USD for Viva Wallet, making it Greece’s first official “unicorn” – a company... of startups currently active in Greece is around 1,500. Based on this, Greece has around 14 startups... employ fewer than 10 people, while in the Found.ation report around 7 in 10 startups consist of fewer

    26%

  2. Newsletter 419 - 05/04/2024

    Newsletters

    that inflation and economic issues were the biggest concern for 44 pct of voters, followed by law and order at 7... per cent. The number of undecided voters is estimated at 14 pct. New Democracy is aiming... and 8.4 pct for men. Youth unemployment dropped by 2 percentage points to 25 pct. Hirings balance

    26%

  3. ND names MEP candidates with eye on loss of support to hard right
    Image: @kmitsotakis

    PoliticsGreek Politics

    of Niki, and 7 pct support Foni Logikis (Voice of Logic), another hard right party. Among self... its traditional positions, while 14 pct feel that most parties have become “systemic”. When the same..., rising by 2.5 points, seemingly at the expense of PASOK, which has dropped by 2 points. Greek Solution

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  4. Economic sentiment falls sharply in July as nearly all segments deteriorate
    Photo by MacroPolis

    EconomyMacroeconomy

    116.6 points in the previous month. The EEI is down by 2 points in the rolling 12-month period... on the rolling 12-month. Retail trade improved marginally to 19.1 points, from 18.2 in June, now down 7 points... points previously. The index is currently up by 14 points on a rolling 12-month basis.

    26%

  5. Primary surplus 3.1 bln above target in H1 on severe underspend

    EconomyMacroeconomy

    published on Thursday. The figures confirmed the preliminary data released on July 14. The actual... target) 2) Other social security funds expenditure (at zero versus a FY target of 446 million) 3) Grants... of the annual target of 1.57 billion) 7) Agricultural subsidies (at 15.8 percent of the FY target of 591

    26%

  6. These are the bailout deliverables expected from Greece in September

    EconomyProgramme

    with the EC. 2) Adopt outstanding reforms on the tax procedure codes (TPC) related to: introduction... of arrears, tax refund and pension claims and immediately start implementation. 7) Agree with the EC..., including prioritisation. 13) Establish three mobile anti-smuggling enforcement teams. 14) Reconvene

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  7. Greek firms rely on public procurement most in EU but also suspect corruption, survey indicates

    Society

    ) are the most likely to say corruption is a problem, while those in Denmark (2 percent), the UK (8 percent... in Lithuania, Greece, Bulgaria (all 8 percent) and Slovakia (7 percent) are the most likely to have been..., 14 percent in Finland and 15 percent in Sweden, say this is a problem for them when doing business

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  8. Gov't unveils bill to overhaul pension system, increase income tax revenues

    EconomyProgramme

    replacement rates. Replacement rates start from 0.77 percent for the first 15 years up to 2 percent... between 7 - 13,000 euros down to 5 percent for incomes between 57-58,000 euros. The bill treats farmers' main pensions separately, with contributions calculated with a rate of 14 percent for 2017 and 16

    26%

  9. Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) data showed on Wednesday. The November rate is a new record low for the last 14 years. Since... in the time deposit rate led the weighted average rate on all new deposits down by 2 bps to 0.35... almost stable at 14.48 percent. The housing loan rate retreated by 7 bps to 2.62 percent, while

    26%

  10. Newsletter 162 -18/05/2018

    Newsletters

    property values in 10,200 areas will have to be signed by June 14. The changes in the values will also... of the business plan by McKinsey which was still being put together. 2 Primary cash surplus at 7.45 bln...’ repayment of 464 million euros, of which 7 million were paid in April. The overall cash balance posted

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