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VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU
EconomyFeatures(a decrease of the VAT Gap by 3.1 percentage points down to 30.1 percent). However, it is projected... it stood at 30.5 percent, before edging down very slightly to 30.4 percent in 2014. It rose to 33.1
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Landmark Golden Dawn verdict welcomed by parties, obscuring underlying divisions
PoliticsGreek Politicsin a democratic system it had pledged to bring down. However, the conviction of so many key Golden Dawn officials..., with the then justice minister and current Foreign Minister Nikos Dendias leading the effort to bring the law down
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Covid-19 inflicts minimal wear and tear for ND as opposition struggles to profit
PoliticsGreek Politicssupport for New Democracy, it continues to edge down, as it has done for the last few months.... According to Alco, New Democracy is on 38.2 pct, which is almost 1 point down on last month, but SYRIZA
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Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
EconomyBankingthat bad loans would reach 10 billion due to the pandemic were revised down to 5 billion... will also be included, however, instead of cash it will gradually write down the deferred tax
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Current account shows surplus of 79.7 mln in August
EconomyMacroeconomybalance came to a surplus of 1.61 billion, down by 63.8 percent YoY. The travel balance showed a surplus... according to these figures. Travel payments came to 54.1 million, also down 76.6 percent. Total
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Latest market foray for 15-yr bond attracts strong investor interest with record low yield
EconomyBankingeuros that tightened the initial price guidance to 130 basis points over mid-swaps, down by 5 basis... runners to revise the guidance down to 125 basis points. By afternoon local time, the book closed
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Newsletter 271 -30/10/2020
motion was voted down on Sunday. All 158 New Democracy MPs voted against SYRIZA’s motion, with 133... to last year, the EEI has edged down by 0.4 points. Meanwhile, compared to October 2019, the ESI has
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Govt scurries for effective Covid-19 response as opposition finds more holes to pick
PoliticsGreek Politicsthe businesses that will have to close down from Tuesday in the high-risk areas of the country as part... for the businesses that will have to close down because of the new, month-long interventions. Employees
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Greece among hardest hit in Covid-related drop for European arrivals
EconomyFeaturesThe European Travel Commission (ETC) has examined tourism trends in the light of the second coronavirus wave and found that arrivals in Europe in the first eight months of the year were down by 68 percent compared to 2019. The hardest hit countries were Cyprus with tourism down by 85 percent
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Current account shows deficit of 498.8 mln in September on declining services and oil receipts
EconomyMacroeconomy). The services balance came to a surplus of 1.07 billion, down by 66.2 percent YoY. The travel balance showed... for the month according to these figures. Travel payments came to 49 million, also down 77.1 percent. Total
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