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  1. Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
    Photo by MacroPolis

    EconomyBanking

    Following Eurobank, Alpha also reported net loss of 533.1 million euros in the fourth quarter (Q4) of 2015 from profit of 413.6 million in Q3. The latter fully reflected a one-off positive impact for the change in the nominal tax rate (from 26 to 29 percent) on deferred tax asset (DTA

    5%

  2. As Greek leaders mull position on refugee crisis, EC sets out timetable of targets
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    PoliticsForeign Policy

    a tool of humanitarian assistance. Member States must step up the rate of relocation speeding up

    5%

  3. Central gov’t debt rises to 321.3 bln in Q4, financial aid loans at new high of 220.4 bln

    Economy

    amount of 320 million at fixed rate of 2.2 percent. The weighted average maturity of new borrowing

    5%

  4. Turnover in the tourism sector falls 8 pct in Q4, first negative reading since Q1 2013
    Photo by MacroPolis

    EconomyMacroeconomy

    growth rate recorded in 2014. Bank of Greece (BoG) figures for 2015 showed travel receipts grew by 6

    5%

  5. Industrial production up by 4.6 pct in Jan

    EconomyMacroeconomy

    , there was a strong growth rate in capital goods (+17.2 percent), while production in energy rose

    5%

  6. Healthy eating and smoking on decline in Greece over last five years

    Society

    in ten (32.3 percent) said they never consumed alcohol, a rate that has remained constant since 2009

    5%

  7. Wages index edges up 0.4 pct in Q4 of 2015

    EconomyMacroeconomy

    percent in Q3. The Q4 growth rate, albeit modest, represents the second positive reading in 2015

    5%

  8. Greek stocks advance 2.6 pct for second straight week on improved investor sentiment

    Economy

    last year with sales down 6.4 percent to 1.2 billion, while EBITDA decreased at a slower rate of 3.5

    5%

  9. Greece expects review to be completed by May 1 despite IMF objections

    EconomyProgramme

    are currently taxed with a rate of 26 percent for income up to 50,000 euros. On the pension front

    5%

  10. Newsletter 69 - 08/04/2016

    Newsletters

    seasonally adjusted unemployment rate edged up to 24.4 percent in January from 24.3 percent in December

    5%