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  1. New rules on sale of NPLs come into play after approval of omnibus bill

    EconomyProgramme

    , which signed a binding agreement with KKR Credit for the management of 1.2 billion corporate NPLs

    2%
  2. Rating agencies positive on disbursement, stress programme implementation risks remain high

    Economy

    Rating agencies welcomed the Eurogroup’s decision to approve the disbursement of 10.3 billion euros to Greece and to provide a road map on debt relief, while they stressed that the programme implementation risks remain high. Moody’s noted that both actions are credit positive as they alleviate

    2%
  3. Marginal net losses of 2 mln for Alpha in Q1
    Photo by MacroPolis

    EconomyBanking

    at 15.9 percent. In addition, its tangible equity reached 8.5 billion, while the deferred tax credit (DTC

    2%
  4. BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
    Photo by MacroPolis

    EconomyMacroeconomy

    respectively, largely stemming from an increase in employment and income, improvement in credit conditions

    2%
  5. Study estimates tax evasion costs taxpayer up to 16 bln annually

    Economy

    and initiatives for the use credit/debit cards in Greece, where card use is one-fourth of the EU average.

    2%
  6. Unpopular but effective property tax returns for another year

    EconomyMacroeconomy

    the clearance from the personal income tax stands at 3.35 billion euros. This includes tax credit

    2%
  7. Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4

    EconomyMacroeconomy

    via credit cards. This means that the state received the whole amount upfront, while taxpayers

    2%
  8. Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
    Photo by MacroPolis

    EconomyMacroeconomy

    via credit cards, meaning that the state collected the whole amount upfront, while taxpayers will pay

    2%
  9. Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues

    EconomyMacroeconomy

    to pay their ENFIA via credit card. This means that state collected the whole amount upfront, while

    2%
  10. Greece drops three places to 61st in World Bank's ‘Doing Business’ ranking

    Economy

    by Getting Electricity, down by six spots to 52nd and Getting Credit, down by four positions to 82nd

    2%