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Newsletter 108 - 24/02/2017
percent reduction in the ENFIA property tax, cutting VAT on electricity bills from 13 to 6 percent... (pp) since then to reach 24.9 percent in 2015. The percentage of long-term (above 12 months... a nosedive of 24.9 percent, while a smaller decline of 6 percent was recorded in consumer non-durables
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Greek women in crisis
Agorathose who have been looking for work for longer than 12 months, 62.35 percent are women...). Additionally, they have a right to take a further 6 months of maternity leave, receiving a basic benefit... of 10 months of maternity leave (the 4 months plus the 6 provided by the state). A few years later
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Stocks finish week on high after progress at Eurogroup
EconomyExchanges (+6.7 percent) and Alpha (+6 percent). On the flipside, the biggest declines were posted... losses stood at 6 million in 2016 compared to 60 million a year ago, while its turnover fell by 5... from 828.4 million last year. Folli-Follie releases its 2016 results on April 12, while no other
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UN steers clear of Cyprus blame game as focus moves to hydrocarbons
PoliticsForeign Policyin mind. Nervy Turkey Total's West Capella drillship arrived and began its work on July 12... of blocks 1, 6 and 7 of Cyprus’ EEZ, to the west and southwest of the island. The effective dates... in blocks 1, 6 and 7, while the Cyprus Republic's right to conduct hydrocarbon research has been
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NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
EconomyBankingnegative formation of 116 million in corporate loans, -20 million in consumer loans, and -12 million...) and small business loans (-6 million). This led the group NPL ratio to stand at 34.1 percent from... other negative developments. Balance Sheet Eurosystem funding stood at 6 billion in Q3 from 8.4 billion
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Survey reveals working lives, job-finding trends of young Greeks
Societynationals. In terms of support to find a job, 6 percent of respondents had received support from the public employment office or another public agency to find a job during the last 12 months..., along with 42.8 percent of those who were inactive. Among the employed, only 6 percent were willing
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Budget primary surplus at 4.65 bln in 11-month on lower expenditure
EconomyMacroeconomyin indirect taxes by 5.4 percent. Within this category, consumption tax rose by 6 percent and VAT... outperformance ranging between 38 and 66 million euros. Revenues from VAT increased by 6 percent..., missing the target by 664 million euros. PIB expenditure also dropped by 12 percent to 3.06 billion
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Greeks seen working longer, until July 18, to meet annual tax bill
Societythis year only to meet their tax obligations. This year’s tax freedom day is expected to fall 12 days later than that of last year, which according to ELSTAT fell on July 6, 2017. They estimate... 5, 31 days earlier than in 2010 (August 6). Hungarian workers have seen their real net pay increase
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NBG reports full year net profits of 50 million euros from continued operations
EconomyBankingstock came to 15.4 billion in Q4 from 15.9 billion in Q3. In the last 12 months, NPEs have been... of around 6 percent of the outstanding principal amount, adding roughly 18 bps to the CET1 ratio... million in Q3. For the year, the figure showed a loss of 14 million compared to a loss of 6 million
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingmillion in Q4 and 12 million euros in Q1 2018. Operating expenses fell by 6 percent QoQ to stand.... Compared to the same quarter last year, PPI rose by 6 percent. Asset quality Domestic non-performing
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