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  1. Credit contraction slows to 1.3 pct in March on net additions of 307 mln
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    The rate of credit contraction in the Greek market slowed to 1.3 percent in March from 1.6 percent in February, Bank of Greece (BoG) figures showed on Friday. The headline figure is the lowest rate of decline since July 2011. The net lending flow turned positive for the first time since December

    5%
  2. PMI up to 48.2 in April as new orders fall again, but outlook for year remains positive
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    reduced accordingly their production for the eighth successive month. However, the rate of decline..., albeit at a fractional rate, while firms continued to work through their backlogs. The stock

    5%
  3. Mitsotakis responds to coalition's counter-measure challenge with own proposal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of last year, prompting criticism from the government. Mitsotakis also called for the initial rate... by the government is for this rate to be reduced from 22 to 20 percent) in order to soften the blow from

    5%
  4. Rise in new overdue taxes slows to 658 mln in March, stock edges up to 94.3 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    around 15 percent stemmed from VAT. The latter’s collectability rate improved to 88.6 percent in March... in Q1 from 12.3 percent in the 2-month period. The revenue collection rate from tax audits on large

    5%
  5. Newsletter 117 - 05/05/2017

    Newsletters

    cutting the lowest personal income tax rate from 22 to 20 percent, progressively reducing the solidarity levy rates, lowering the corporate tax rate from 29 to 26 percent and redesigning the single

    5%
  6. Tsipras clears hurdle but isn't over finishing line
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    rate from 29 percent to 26 percent, the lowering of the basic rate of income tax from 22 to 20

    5%
  7. Greeks most sceptical in EU about country's future, their voice counting in Europe
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    two points on the previous survey. Only 17 percent of Greeks – the lowest rate of all 28 member... had the lowest rate of all member states. As regards the question whether EU membership has been

    5%
  8. Trade deficit soars 36.2 pct in March, largely due to oil products
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit continued increased by 36.2 percent in March, more than double the growth rate of 17.7 percent recorded in the previous month, Hellenic Statistical Authority (ELSTAT) data... countries surged 55.8 percent, while those from the EU posted a slower growth rate of 12.3 percent

    5%
  9. EC lowers growth forecasts, sees fiscal targets within reach
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyMacroeconomy

    at the same rate as in 2017 by 1.4 percent. Meanwhile, the EC upped its unemployment rate estimates

    5%
  10. Building activity falls by 4.2 pct in February

    EconomyMacroeconomy

    a disproportionally high positive or negative growth rate. The aggregate data for the 2-month period... permits decreasing by 5.5 percent at an accelerating pace from the 2015 drop rate of 0.9 percent

    5%