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PMI at 55 pts in March, slowing from Feb but above 50 for tenth month
EconomyMacroeconomyinventories since April 2000. Client demand also drove output, although at a weaker rate than that seen... in the official unemployment rate, which stood at 20.8 percent in December last year,” they concluded.
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Less than 10 pct of 99.97 bln overdue taxes deemed collectible by authorities
EconomyMacroeconomymeeting their obligations, or a compliance rate of 58.4 percent. The collected sum from this came to 266 million euros, or a collection rate of 43.8 percent. The number of debtors against whom enforced
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PM livens up ministers over fourth review as debt relief proposals are put together
EconomyProgrammetheir interest rate at 2 percent. Beyond these proposals, there is also the so-called “French mechanism... the International Monetary Fund’s loans to Greece, which carry a much higher interest rate than the funds lent
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ECB report highlights sluggish Greek economic growth
EconomyThe annual report of the European Central Bank (ECB) showed that Greece had the lowest rate of growth among Eurozone countries in 2017, with 1.4 percent growth compared to the average of 2.3 percent...-battered Greece’s unemployment numbers were not eased in a similar way, and the jobless rate still
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IMF revises growth forecasts downwards, emphasising gap with other lenders
EconomyMacroeconomy, as the situation in the Greek labour market steadily improves. The IMF expects the unemployment rate in 2019 to fall to 18 percent, substantially more positive than the 19.5 percent rate in the SBA document
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EC forecast acknowledges pressure on Greek households, revises down growth
EconomyMacroeconomyled by corporate investments contributing 1.1 percentage points (pps) to the overall growth rate... and slightly improved from the previous forecasts, with the unemployment rate this year seen at just above
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Newsletter 160 -04/05/2018
that the manufacturing sector was growing at a rate seen in the second half of 2017. Greece’s Manufacturing PMI..., which led to pre-production inventories increasing at the most modest rate in the last four months
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Fiscal issues appear settled as Greece and institutions head for review deal
EconomyProgrammea reduction to the corporate tax, lowering of the minimum rate of income tax and extra social spending... to expire. The government, however, was warned over the slow rate of appointing general secretaries
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Mitsotakis applies pressure over MoU exit and name talks
PoliticsGreek Politics, saying that a New Democracy government would aim to gradually reduce the corporate tax rate from 29 to 20 percent, bring the ENFIA property levy down by 30 percent and drop the base income tax rate to 9
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Tsipras waits on name issue and debt talks, Mitsotakis pledges tax cuts for tourism
PoliticsGreek Politicsto gradually reduce the corporate tax rate from 29 to 20 percent, bring the ENFIA property levy down by 30 percent and drop the base income tax rate to 9 percent. On Thursday, Mitsotakis spoke at the Greek
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