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  1. Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes

    EconomyMacroeconomy

    , albeit at a decelerating pace, by 6.8 percent in Q2 from 13.5 percent in Q1. The drop rate in Q2... in the corresponding quarter last year. As a result, the saving rate of households (defined as gross savings divided

    5%

  2. Growing hopes that Greek recession will be milder than expected

    Economy

    balance is anticipated to have a positive contribution of 0.7 percent due to the higher contraction rate... billion for 2015, down 3 percent from the 2014 unadjusted figure. Applying the same drop rate

    5%

  3. Coalition starts to feel backlash from latest round of measures
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    on private education. After indicating that it would impose a 13 percent rate on private schools and 6 percent on tuition classes, rather than a 23 percent rate across-the-board as had initially been

    5%

  4. Retail sales down by 4 pct in August for third straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    with just a single growth rate of 2.4 percent recorded in May. Retail volume also fell but at a slower rate by 2.2 percent in August, after a bigger drop of 7.2 percent in July, mainly reflecting

    5%

  5. Athens ticking off prior actions one by one as EU keeps close watch

    PoliticsGreek Politics

    to do with its stalled plans to impose a 23 percent VAT rate on private education. Athens is still... litres) to 200 and to 330 euros as of October 1, 2016. Also, the tax rate on farmers’ income is set

    5%

  6. EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    of the recapitalisation process. The unemployment rate is seen at 25.7 percent in 2015, edging up to 25.8... that the favorable interest rate outlook, better cash management and the back-loaded repayment

    5%

  7. Trade deficit falls by markedly accelerating pace of 24.2 pct in Sept

    EconomyMacroeconomy

    The drop in Greece’s trade deficit accelerated to 24.2 percent in September from 8.8 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The September rate..., peaking at -32 percent in July. The rate of export fall is relatively smoother than that of imports

    5%

  8. OECD sees recession in 2015-16, stresses need for reform implementation

    EconomyMacroeconomy

    ) released on November 5. However, the OECD sees the Greek economy recovering at a slower rate of 2.1 percent... the unemployment rate easing to 25.2 percent in 2015 from 25.7 percent in its June forecasts, while

    5%

  9. CPI drops at decelerating pace of 0.9 pct in Oct

    EconomyMacroeconomy

    percent in September. The October rate is the lowest negative reading since February 2013, when HICP..., the highest deflation rate of -2.9 percent was recorded in November 2013 at -2.9 percent. Since

    5%

  10. Government in race against time to resolve bailout issues

    EconomyProgramme

    debtors, equivalent measures for not imposing a VAT rate of 23 percent on private education and lower... per annum to compensate for not imposing the VAT rate of 23 percent on private education, which

    5%