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  1. Greek government commits to new fiscal measures for third bailout

    EconomyMacroeconomy

    expenditure by 100 million in 2015 and to 2.2 percent of GDP in 2016, including a reduction... budget for 2015 and, if necessary, a draft budget for 2016 and a medium-term fiscal strategy... in 2016 budget In addition, the government pledged to adopt in October reliable structural measures aimed

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  2. Newsletter 294 - 23/04/2021

    Newsletters

    cuts. The tax advance for the self-employed is being reduced permanently to 55 pct, from 100 pct.... Reducing the tax advance and tax rates will cost the budget 900 million this year and will drop... data.” Public debt rises to 205.6 pct of GDP in 2020 Budget deficit of 9.7 pct of GDP is third

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  3. Rule of law and media freedom in spotlight after arson attack and European Commission report
    Photo by EC - Audiovisual Service

    PoliticsGreek Politics

    the company has received in Greece. Speaking to the powerful taxi-drivers’ union SATA on Wednesday, SYRIZA... by SATA for an inquiry on the presence of Uber in the Greek market.

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  4. Newsletter 25 - 08/05/2015

    Newsletters

    investors, with foreign participation at around 100–150 million. The amount of the foreign take-up... April, a total of 370 million had been transferred by the independent employees’ fund ETAA (100.... According to budget execution data for February and March, the government spent 1.13 billion less

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  5. Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern

    EconomyProgramme

    expected to secure growth of 2.2 percent in 2019, well above the 1.2 percent eurozone average... scenario, this leads to debt to GDP ratio of 100 percent in 2040, and a lower interest rates scenario that leads to 100 percent of GDP until 2039. Banks The banking sector attracts considerable attention

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  6. Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The increase in unpaid social security contributions (SSCs) accelerated quarter on quarter (QoQ) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter...) that provided for the payment of overdue SSCs in up to 100 installments. Collection The SSC

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  7. Greeks tending to shop less often and opt for local products

    Society

    , down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60... euros and only 6.2 percent spends over 100 euros on a typical supermarket trip. The average spend

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  8. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    quarter-on-quarter (QoQ) to 165 million. Compared to H1 last year, PPI rose by 26 percent to 310 million..., incorporating the impact from the introduction of IFRS16. Loan impairments in Greece came to 100 million in Q2

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  9. Newsletter 22 - 03/04/2015

    Newsletters

    Focus on meeting obligations Most critical dates for debt repayments this month fall on April 8–9 After successfully covering its funding needs in March, which, at 2.2 billion euros (excluding..., ahead of their recapitalisation. The remaining amount of 310 million concerns the 90 percent of HFSF

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  10. Accommodation and food services turnover collapses by 84.6 pct in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    by approximately 77 pct percent to 2.2 million visitors. The average expenditure per trip fell by 44.4 percent to 310 euros, from 558 last year.

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