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  1. Newsletter 127 - 14/07/2017

    Newsletters

    rate stood at 2.3 percent, slightly lower than the default rate of 2.3 percent. Meanwhile, Greek... has fallen by 41.46 billion, with just over two thirds of this decrease attributed to lower ELA

    5%
  2. Government stalls possible bond issue, clashes again with judiciary
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that it achieves a lower yield than the New Democracy-led coalition in 2014, when it reached 4.95 percent. This would allow the current government to claim that it has set Greece on a path of lower

    5%
  3. Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 458 million, driven by lower than targeted tax revenues in other excise taxes (-9.8 percent..., representing an underspend versus the target (24.22 billion) by 1.04 billion. The MoF stated that the lower

    5%
  4. Greeks' working hours among highest in EU, annual leave below average
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    was reported as being lower in the 13 new member states. One sector where Greek workers were reported as working lower than the average working week across the EU was the banking sector. In this sector

    5%
  5. Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    billion lower than the target of 103.4 billion. The NPE ratio stood at 50.6 percent in Q2, slightly higher than the anticipated level of 50 percent. This was driven by a lower than expected volume of total

    5%
  6. Wolfgang at the door
    Photo by EU/Fosphotos

    Agora

    more than 40 billion euros through lower interest rates on its government debt, while a study... lower than it would have been if Germany had its own currency, again leading to benefits

    5%
  7. IMF still sees fiscal gap in 2018 - no action needed, for now
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    of GDP. The majority of this (0.5 percent) comes from lower direct tax estimates. IMF staff argue... claims) will increase at around 1 percent per year. The Greek Finance Ministry expects lower inflows

    5%
  8. Newsletter 135 - 13/10/2017

    Newsletters

    of that of Greece and its European lenders, as do spending projections. On revenue, the IMF sees lower direct... billion in August. Though the figure is lower than July’s amount of 2 billion, it means that Greece’s

    5%
  9. Back from the brink: What next for Greece's property market?
    Photo by Giannis Papanikos/Fosphotos

    EconomyFeatures

    . Therefore, the revenue being generated remains significantly lower than what it would have been in a pre... of thousands of properties would further damage prices since the auctioned real estate would carry a lower

    5%
  10. Unemployment falls again in August, edging down to 20.6 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    the total to 984,483. This is 141,342 lower than August 2016 and the first time that the total number... sees unemployment at 21.9 percent for 2017, lower than OECD which expects the jobless rate to settle

    5%