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  1. Greece and lenders trap themselves over labour reforms
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    collectability rate. It is seen as a counter-measure that can have a clear and direct impact... the unemployment rate is above 23 percent and the economy has stopped growing. Everyone has backed themselves

    5%
  2. Athens, lenders trying to put last pieces in place for technical agreement
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    proposed that the initial tax rate of 22 percent applied to annual incomes up to 22,000 euros be reduced... reduction in the single-property tax (ENFIA), cut in the corporate tax rate and a number of social

    5%
  3. No return of institutions to Athens yet as differences persist
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    group, the counter-measures would include a cut in the first rate of personal income tax from 22... and a cut in the corporate income tax rate from 29 percent to 26 percent, where it was two years ago.

    5%
  4. Newsletter 113 - 31/03/2017

    Newsletters

    . The debt settlement could involve a number of debt relief measures, including interest rate reduction... in household and sole proprietor sectors The rate of credit contraction remained stable at 1.6

    5%
  5. Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017

    Agora

    at a slower rate than NPLs. It declined by 1.6 billion euros QoQ to almost 112 billion, while the NPE... income rebounded 6.5 percent QoQ and grew at a double-digit rate for the whole year, mostly

    5%
  6. Car sales increase by 43.5 pct in March and 35.6 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    2010. Sales remained above the 10,000 mark for the third straight month. The growth rate... to 128,910 in 2016, posting a slightly slower growth rate compared to the 13.5 percent recorded in 2015

    5%
  7. IMF downgrades Greek GDP and unemployment forecasts
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    in Q4 2017 and 2 percent in Q4 2018. The Fund upped its estimate for the jobless rate to 21.9 percent.... For 2018, the IMF expects the jobless rate to drop to 21 percent. However, the decline by 0.9 percentage

    5%
  8. New overdue tax obligations increase by 989 mln in Feb, stock reaches 94 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    collectability rate fell to 79 percent in February from 82.7 percent in January and 84.6 percent..., it remains well below the 2016 figure of 22.5 percent. The revenue collection rate from tax audits

    5%
  9. Athens and creditors get down to details in final stretch of review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    ) and a cut in the corporate income tax rate from 29 to 26 percent as well as in the single property... lower tax rate of 19-20 percent for incomes between the new tax-free threshold of 5,600 euros

    5%
  10. Disposable income rises slightly in Q4 for first time since Q3 2014
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent attributed to a sharp rise in the jobless rate along with cuts in salaries and pensions... negative for the 10th consecutive quarter at -2.57 billion. Moreover, the household saving rate

    5%