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  1. Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
    Photo by MacroPolis

    Economy

    revenue targets included revenues of 884 million euros from the first two instalments of the new

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  2. Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln

    EconomyMacroeconomy

    The Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of 2.18 billion euros was 1.5 billion lower than

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  3. NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
    Image: NBG

    EconomyBanking

    Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million

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  4. Newsletter 57 - 08/01/2016

    Newsletters

    . In specific, the annual income of wage-earners and pensioners is taxed at a rate of 22 percent for income... of their annual income. The self-employed are taxed at a rate of 26 percent for annual income up to 50,000 euros and at a rate of 33 percent for any income above that. The government has also legislated

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  5. Government opts for modest tax relief, but who will benefit?

    EconomyFeatures

    the income tax scale, with the most dramatic being the lowering of the base tax rate from 22... have also been cut by one percentage point, so that the top marginal tax rate is now 44 percent... credit. Dropping the base tax rate from 22 percent to 9 percent has made for big headlines in terms

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  6. Positive sentiment around banks continues to grow

    EconomyBanking

    profitability, though the effects will eventually moderate as the ECB completes its rate hike cycle. More.... The largest holding amongst the four systemic banks is with NBG at 40.39 pct and it is expected... pct and Alpha Bank with a 9 pct holding. Market participants argue that despite the positive

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  7. Underlining stress on Greek society, suicide rate doubled in first years of economic crisis

    Society

    with the previous year, while the overall rate of people taking their own lives grew by 26.5 percent (from

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  8. Industrial production drops 2.1 pct in July but rate of decline slows

    EconomyMacroeconomy

    The rate of drop in the Greek Industrial Production Index (IPI) slowed to 2.1 percent in July after a revised 5.4 percent decline in June, according to the Hellenic Statistical Authority (ELSTAT). The July headline figure is the sixth negative reading so far in 2014 and the sixteenth over the last

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  9. Rate of drop in building activity increases to 19.9 pct in August
    Photo by MacroPolis

    EconomyMacroeconomy

    slower rate (-7.1 percent). The decline in August is the seventh negative reading in the 8-month

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  10. Greek industrial production drops for eighth straight month but at slower rate

    EconomyMacroeconomy

    trends in October with electricity production falling at double-digit rate (-13.1 percent) followed

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