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Eurosystem funding down by 3.29 bln to 13.02 bln in July
EconomyMacroeconomy(81.93 billion) originated from a lower reliance on ELA funding. The decline in central bank funding... with the lower haircut applied on ELA collateral and participation of Greek banks’ EFSF holdings
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Tax cuts set to lead package of post-MoU pledges by Tsipras
PoliticsGreek Politicsto lower taxes if he comes to power. The centrepiece of his collection of pledges has been the reduction... in the food service sector and to lower other tourism-related taxes. Earlier this year, the opposition
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Banks on track with NPE targets in Q2 as sales play bigger role
EconomyMacroeconomywas reduced by 3.8 billion euros quarter-on-quarter (QoQ) to 88.6 billion, 1.6 billion lower than the target.... During the quarter, corporate NPLs came to 32.4 billion euros, roughly 600 million lower than the target
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New overdue taxes rise by 377 mln in July, total stock above 102 bln for second month
EconomyMacroeconomy, lower than the figure for the same period last year by a notable 25.6 percent. New unpaid obligations from tax categories showed a rise of 296 million month-on-month in July, lower than the increase
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Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
EconomyMacroeconomythis, the majority of the fall (82.28 billion) originated from a lower reliance on ELA funding. The decline... government securities along with the lower haircut applied on ELA collateral and participation of Greek
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Take your seats
Agoraand the reduction of the top rate of VAT from 24 to 22 percent in 2021, with the lower rate dropping 1... to have a chance of hanging on. The danger is that instead of choosing to up his game, he will lower
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Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
PoliticsGreek Politicsis spent. The opposition leader argued that the reduction in taxes would also lead to lower evasion... and the lower primary surplus targets he wants to negotiate with Greece’s lenders, Mitsotakis suggested
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Newsletter 175 -21/09/2018
. Apart from a faster growth rate and the lower primary surplus targets he wants to negotiate...) to 88.6 billion, 1.6 billion lower than the target of 90.2 billion. The current amount is equal
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Greek leaders' contrasting visions all a blur
Agora. Mitsotakis has argued that lowering taxes would lead to lower tax evasion (as the incentive to dodge... fiscal space that comes through an outperformance, rather than creating it by meeting lower targets
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New overdue taxes rise by 849 mln in August with total stock at 102.81 bln
EconomyMacroeconomytotalled 6.42 billion, lower than the figure for the same period last year by just under 25 percent. New unpaid obligations from tax categories showed a rise of 296 million month-on-month in August, lower
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