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Mitsotakis argues there is no alternative as SYRIZA officials push Kasselakis out
PoliticsGreek Politicsearlier this year. A one-off levy on oil refinery profits will finance a handout of up to 200 euros.... Mitsotakis confirmed that social security contributions will drop by 1 percentage point next year, rather... euros of RRF funds. The scheme will help provide up to 15,000 couples aged up to 50 with mortgages
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Newsletter 433 - 13/09/2024
earlier this year. A one-off levy on oil refinery profits will finance a handout of up to 200 euros... confirmed that social security contributions will drop by 1 percentage point next year, rather than.... This will set in stone the fiscal path up to 2028, with no room for further negotiations. The newspaper
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Newsletter 440 - 08/11/2024
not be affected by who was in the White House in January 2025. In the run-up to the elections... savings of up to 500 euros. There will also be a percentage-point reduction in social insurance... and pushing up the highest tax bracket, at 44 pct, to incomes above 50,000 euros. However, the local
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Newsletter 444 - 06/12/2024
on a new significance amid an increasingly fragmented political landscape. In the build-up to a meeting... opposition parties that it will be cajoled into propping up New Democracy when its majority... that increasing the taxation rate from 29 percent to 34 percent could raise up to 500 million euros
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Big drops of 9.3 and 17.5 pct for turnover and new orders in October
Economy. It is also noteworthy that on a twelve-month trailing basis both indices are recording a drop of 4.2 and 6.7...-digit drop (down 23.6 percent and 12.8 percent respectively). A similar pattern was broadly evident... positive trend of the preceding three months. October’s performance reflects a substantial drop
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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
Economya 2.5 percent drop in March. However, the four-month figure rose 3.2 percent to 14.75 billion... figure up 179 percent to 906 million, 431 million above target. This year’s growth mainly reflects... percent in April, after stalling in March, resulting in a 9.6 percent drop in the four-month figure
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May sees 48.7 pct rise in number of new cars in circulation
EconomyMacroeconomy, and also reflects a low base effect. The strong performance in May led the 5-month figure up 24.7 percent compared to a 7.1 percent drop recorded last year. In addition, the 12-month trailing index... of the preceding three years. Car registrations recorded a cumulative drop of 78 percent since 2008
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Industrial production rises again in May, by 1.8 pct, after two months of decline
EconomyMacroeconomydrop of 0.3 percent to April to a marginal rise of 0.2 percent to May. Similarly to the monthly trend... by manufacturing production (up 0.3 percent). In contrast, water supply production recorded a 5-month drop of 2.5 percent with electricity production slightly slipping by 0.5 percent. The main industrial
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Building activity plunges by 35.6 pct in April, down by 75 pct since 2008
EconomyMacroeconomyfrom the 16 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT... the highest drop, at -47.6 and -40.3 percent respectively. In contrast, the rate of decline in building... than the country average. The Attica prefecture (Athens, Piraeus and suburbs) is making up 21 percent
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Services help increase Greek current account surplus to 1.37 bln in June
EconomyMacroeconomyby a drop in the income deficit by 151 million and a rise in the current transfers’ surplus by 138... and exports, up by 25.1 and 28.8 percent respectively. According to the BoG, the higher net payments... a rise in non-residents’ arrivals by 13.7 percent. Following the strong performance in June, the drop
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