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Lack of time, lenders' demands back Greek gov't into corner
PoliticsGreek Politicsper month. Athens, however, seems reluctant to enforce the “zero deficit” rule that would stop..., possibly those over 300 euros per month. The Greek side may, though, point to the fact
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Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
EconomyMacroeconomyexpenditure per trip to 328 euros. The highest increase in the inbound traveler flow was recorded... a significant drop in the average travel spending per trip by 22.2 percent to 300 euros. The breakdown
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Growth in accommodation and food services turnover slows to 6 pct in Q1
EconomyMacroeconomythe average spending per trip fell by 22.2 percent to 300 euros. The breakdown of inbound tourist activity... by a decrease in travel spending per trip by 9.4 percent to 592 euros. The latest figures
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Greece and lenders fail to bridge their differences in Brussels
PoliticsGreek Politicscomplained that creditors are not budging from demands for cuts of 1.8 billion euros per year (roughly 1 percent of GDP) to pensions and another 1.8 billion euros per year to be raised from increases
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Travel receipts rise by 16.3 pct in April on jump in arrivals
EconomyMacroeconomyin the average non-resident expenditure per trip by 8.4 percent to 483 euros. The highest rise... in the average travel spending per trip by 17.1 percent to 364 euros. Similarly to April, the breakdown
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The key numbers behind the latest Greek proposals
EconomyProgrammewith estimated revenues at 100 million per annum in 2015-2016 5) Extension of luxury tax with incremental revenues at 47 million per annum in 2015-2016 6) Taxation with 30 percent on gross gaming revenues
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Greek stocks down 15.2 in first week of trading after market closure
Economy. Corporate news On the corporate front, Terna Energy traded ex-capital return of 0.09 euros per share... of 0.11 euros per share on Friday with its yield at 2.5 percent. Mytilineos posted on Wednesday Q2 net
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ELA funding down by 1.48 bln in July for first monthly drop since May 2014
EconomyMacroeconomywithdrawal limit of 60 euros per account per bank. Following the two rises and the deposit inflows
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Draft bill sees millions in savings and revenues from variety of bailout interventions
EconomyProgrammemillion in 2015, 17.2 million in 2016 and 28.5 million per annum as of 2017. In addition... in the excise tax on diesel for farmers (from 66 euros per 1,000 litres to 200 euros as of October 1
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European Commission evaluates impact of bailout programme
EconomyProgrammewith those islands with highest income per capita and taking into account the proximity to Athens... of these islands have per capita income above the national average (sometimes by a wide margin), while other areas
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