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General govt primary cash surplus at 1.68 bln in April, arrears rise by 164 mln
EconomyMacroeconomyfunds (-12 million euros). At 29.7 percent of the total, tax refunds made up the majority of arrears... dropped by 2.42 billion euros month-on-month, compared to a smaller drop of 749 million euros seen... percent of the total. Repos rose by 80 million euros compared to March, to 19.56 billion, making up
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ND to highlight range of policy proposals after emphasis on tax cuts
PoliticsGreek Politicsfrom 28 to 20 percent in two years, while dividend tax would immediately drop to 5 percent from..., Mitsotakis pledged. He also pledged to clear up legislation regarding land use, which is something... be on ensuring that Mitsotakis does not slip up, while the pressure will be on Tsipras to land some verbal
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Travel balance falls by 4.1 pct in April
EconomyMacroeconomydrop of 38.4 percent to 212,300, while non-European visitors edged up by 0.6 percent to 381,000... that tourist numbers could reach up to 30 million in 2018. The figures showed that as of December 2018
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National Bank first to test market waters in post-election afterglow
Economydrop in the Athens Stock Exchange index in the first two days after Sunday’s victory for New... aftermath of the event. The index has recovered some of those losses and is still up 16 percent since May’s... importance for the economy of dealing with the non-performing assets clogging up the banks’ ability
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Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
Economythe business environment and attract private investment that will sustain the economic recovery and push up... is for them to drop to 20 percent of total loans by 2021. The economic recovery, improved real estate prices..., the timeframe and the actual take up by the banks. That said, the funding of Greek banks has improved thanks
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IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
EconomyProgramme, accelerating privatisations and pushing forward initiatives to clean up the balance sheets... formula and to drop the recently introduced ‘pension bonus’. Aside from Greece’s efforts, the IMF..., following the expiry of the 120-instalment deadline. The redesigned scheme will reportedly offer up
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Car sales rise by 22.9 pct in September
EconomyMacroeconomyon Wednesday. In September 2019, the year-on-year change showed a drop of 0.8 percent. Car sales... sales rose by 24.9 percent with the absolute figure standing at 12,109. The remainder was made up... period, totalling 149,340. The remaining sales in the first nine months were made up of motorcycles
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Industrial production edges down by 0.3 percent in October
EconomyMacroeconomywith a drop of -10.2 percent. Within the mining and quarrying index, the biggest decline was seen in mining... up to 54.1 points in November from 53.5 points in October. The headline figure indicates the fastest... picked up during the month with output the strongest since August. The growth was led by both
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Newsletter 237 -31/01/2020
drop in the approval rating, to 30 percent, over the Macedonia name issue, but the area in which.... The government has also come up against complaints from local authorities and residents in mainland... of the post-programme monitoring. The institutions would also like the pace of auctions to pick up
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Bumper year for business launches in 2019, according to registry
EconomyFeaturesnegative for each year except for 2016, when a 26.4 percent increase was noted. The largest drop... in 2017 and has picked up pace ever since, hinting at the positive sentiment that business owners feel..., three procedures across four days were involved in the process of setting up a company in Greece
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