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  1. Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Visitors from Russia increased by 52.8 percent, while those from the US went down by 41.5 percent... German visitors edged down by 8.6 percent. Revenues from French visitors dropped by 13.4 percent, while

    4%

  2. Greek 2017 primary surplus confirmed at 4 pct, well above target

    EconomyMacroeconomy

    billion, at 48 percent of GDP, down from 86.27 billion (49.5 percent of GDP) spent in 2016. Next... revision by 0.1 percent higher in the total balance for 2016 and the debt for 2014 was revised down also

    4%

  3. Over one in five Greeks struggled to make ends meet in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    is therefore the first time in seven years that the rate has gone down rather than up, but still means that material deprivation in Greece is much higher than the European average. Broken down by age

    4%

  4. Extra taxation did not increase revenues in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    billion 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

    4%

  5. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    to 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

    4%

  6. Report on PPC’s viability ruffles feathers and shakes share price
    Image via www.dei.gr

    EconomyFeatures

    of 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

    4%

  7. Newsletter 162 -18/05/2018

    Newsletters

    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

    4%

  8. Greek Salad (made in Italy)

    Agora

    The 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

    4%

  9. Mitsotakis applies pressure over MoU exit and name talks
    Photo via @kmitsotakis

    PoliticsGreek Politics

    this 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

    4%

  10. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    focusing on bringing down the volume of bad loans on their books. The target is to bring the stock down

    4%