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  1. Greece sees highest tax wedge increase among OECD countries in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The tax wedge in Greece remained above the OECD average in 2016, when it increased by more than 1 percentage point (pp), which was the highest rise among the 35 OECD countries, the OECD Taxing Wages... by 1.1 pp until 2016, while the respective OECD average has dropped by 1 pp over this period

    8%

  2. Fiscal surplus back in focus ahead of IMF debt discussions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the extra fiscal measures lined up for 2019 and 2020 (1 percent of GDP in pension cuts and 1

    8%

  3. Newsletter 115 - 21/04/2017

    Newsletters

    to 2.7 percent, while its medium-term estimate stands at 1 percent for 2022, lower than its previous... in March, while the Q1 figure plummeted by more than 1 billion to 292 million, from 1.3 billion last year

    8%

  4. Travel receipts fall by another 3.1 pct in Feb on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    receipts from the EU edged up 1 percent to 168 million, while those from non-EU countries fell... to 26 million in 2017. In addition, travel receipts are estimated to increase by at least 1 billion

    8%

  5. Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 1.07 billion in March following a surplus of more than 1 billion recorded in each of the previous two... higher than target. It is pointed out that primary expenditure notably rose by more than 1 billion from

    8%

  6. Athens and creditors get down to details in final stretch of review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    an increase in spending of 1 percent of GDP in 2019 and tax reductions of 1 percent of GDP in 2020

    8%

  7. Coalition MPs gear up for busy period in Parliament
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the relevant legislation will begin immediately. The government’s aim is to vote on the measures, including 1 percent of GDP in pension cuts and another 1 percent from the reduction of the tax-free threshold

    8%

  8. Stocks up by 4.7 pct, rising for third straight week
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Development (-1 percent). The trading volumes remained at high levels for the second week in a row... date is on May 17. Mytilineos and METKA said they will hold their AGMs on June 1 to approve

    8%

  9. Central government debt edges up to 326.5 billion in Q1

    EconomyMacroeconomy

    , while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 11.9 and 8.9

    8%

  10. Eurobank stays profitable in Q1 with net earnings of 36.5 mln
    Photo by MacroPolis

    EconomyBanking

    losses rose by 1 percent QoQ and 7.5 percent year-on-year to 188.2 million, corresponding to a cost... increased. The phased-in Common Equity Tier 1 (CET1) ratio stood at 17.3 percent in Q1 with the fully-loaded

    8%