Search
-
Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...
9% -
Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...
9% -
Newsletter 120 - 26/05/2017
178 million short of the target, while direct taxes slightly beat the target by 22 million... above target. The year-to-date outperformance is due to higher than targeted direct taxes... proposal. Tsipras German Chancellor Angela Merkel and French President Emmanuel Macron
8% -
Greece makes first contact with new Syrian leader as PM chases up missile issue in Paris
PoliticsForeign Policyignored the EU regulation 2019/452 which foresees that direct foreign investments undergoing control... and cooperation on the screening of foreign direct investments likely to affect security or public order... on Monday for the international conference on Artificial Intelligence, being hosted by President Emmanuel
8% -
Mitsotakis heads on diplomatic tour of key capitals carrying vital questions
PoliticsForeign Policybe addressed through a system that facilitates direct returns to third countries. Greek government... to hold direct peace talks in Turkey on May 13. The Greek Prime Minister will conclude his diplomatic..., Italy, and Berlin. Additionally, French President Emmanuel Macron has already informed Mitsotakis
8% -
A closer look at 2015 revenues reveals size of hit they took
EconomyMacroeconomyis fully attributed to a drop in direct taxes by 706 million, while indirect taxes were kept almost stable. Direct taxes Direct taxes reached 19.76 billion euros in 2015 from 20.46 billion in 2014. Income tax, which is the key contributor to direct taxes, eased 114 million YoY to 12.09 billion
7% -
EU's temporary framework for state aid in response to Covid-19 outbreak
LegalFramework provides for five types of aid: Direct grants, selective tax advantages and advance payments, up... that such aid is considered as direct aid to the banks' customers, not to the banks themselves. Short-term... the 2020 Temporary Framework 1. Direct Grant or Tax Advantages Under the Temporary Framework, the Member
7% -
Newsletter 131 -15/09/2017
and prompted criticism from the opposition parties, was a direct challenge to the claim made... prevails The government had been hoping this week to bask in the glory of French President Emmanuel..., Tsipras relied heavily on the positive atmosphere during French President Emmanuel Macron’s visit last
6% -
Macron arrives in Athens, kindling government's hopes
PoliticsGreek Politicsnot yet being overcome. After seeing a sharp rise in Foreign Direct Investment in the first quarter...Within minutes of arriving in Greece on Thursday, French President Emmanuel Macron sketched out his vision for eurozone reform, which is one of the key reasons for the enthusiasm with which he
6% -
Tsipras looks forward and puts emphasis on growth, MoU exit
PoliticsGreek Politicsas the emphasis was on how to create growth and move the country forward. "In 2016, direct foreign investments... Emmanuel Macron’s visit last week, including the discussion the two men had behind closed doors
6%