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  1. Newsletter 147 -19/01/2018

    Newsletters

    not like to consider going to the polls in a year that they have to implement new fiscal measures worth 2... percent. 2 Budget primary surplus at 1.97 bln in 2017 Strong underspend drives headline figure

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  2. Greek parties face fine balance as they discuss name issue
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    ), but on the borderline of clear parliamentary majority, and ANEL on 2 percent, 1 point short of the threshold... Parliament (Public Issue has the Union of Centrists on 2.5 percent and ANEL on 2 percent), the winning

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  3. Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    . Public finances are on a more sustainable path, with primary surpluses in excess of 2 percent of GDP... such as the European Investment Bank (EIB). Moody's keeps the real GDP growth forecasts unchanged at 2

    9%

  4. GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    rebounding by 0.6 percent in Q3, and increased by 2.5 percent YoY from growth of 2 percent in Q3. The figures showed that nominal GDP grew by 2 percent in 2017 (177.7 billion versus 174.2 billion

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  5. General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the sales of nonfinancial assets declined by 12 million, standing at 2 million in January versus 14.... A rise of 47 million in arrears of hospitals was noted in January, along with a rise of 2 million

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  6. NBG reports net loss of 163 mln in 2017, bad loans continue to fall
    Image via www.nbg.gr

    EconomyBanking

    the sale of unsecured loans. This could be excelled to reach around 2 billion euros, leaving 2.2... and the yield is 2.90 percent. The bond issue attracted over 2 billion euros in bids compared

    9%

  7. Final decision on 2019 fiscal measures still a few weeks away
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    The first step in the process of deciding whether Greece will have to implement next year fiscal measures worth 1 or 2 percent of GDP is due to be taken on Friday, with the International Monetary..., according to most forecasts, to expand by at least 2 percent. The institutions, though, will want

    9%

  8. New overdue taxes jump by 2.01 bln in Feb, total stock climbs to 101.12 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt jumped by over 2 billion euros in February, growing sharply from an increase of 766 million euros in January, data from the Independent Authority of Public Revenues (IAPR... rose by 2 billion.. New unpaid obligations from tax categories rose by 1.91 billion, overturning

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  9. Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million. The breakdown of the inbound traveller flows showed that German visitors fell by 2 percent, while... those from the UK fell by 2 percent. Among non-EU countries, receipts from Russian visitors fell

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  10. Greece’s unstable and confusing tax system failing to deliver results
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according.... The equivalent in the UK is 5 percent, and in Germany just 2 percent. Greece’s problematic tax

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