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Increase in car sales accelerates to 44.3 pct in September
EconomyMacroeconomy) is in line with the total headline figure. Following a sharp drop of more than 30 percent in each.... The main financing source of consumers is car loans, which make up a large portion of consumer credit
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Greece sets out plans for settling SME NPLs; mortgages to come
Economyare up to 500,000 euros per SME qualify for the scheme. The applied haircut would exceed 50 percent... a reduction of 30 percent in the property value broadly, which is broadly in line with the drop
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Primary surplus narrows to 2.4 bln in October as revenues miss target
Economyfor the government legislation offering up to 100 instalments for the overdue taxes. Also, the 10-month revenue... of a 107 million surplus. The continuous weakness reflects a drop in PIB revenues by 12.4 percent
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomy(from 26.7 percent) in 2015. An additional drop of 1 pp to 24.1 percent is projected for 2016... projections (as a percentage of GDP) by up to 3pp, they remain above the 170-percent mark for the projected
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ILO highlights social impact of Greek crisis, proposes change in policy
Society. The coverage ratio is particularly low among the long-term unemployed. The sharp drop in disposable... exclusion for the employed slightly increased after 2011 but for the unemployed has shot up by 10
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Greek current account balance turns negative in October after four month of surpluses
EconomyMacroeconomyof ships showed a considerable drop. Despite the negative result in October, the 10-month C... by higher trade deficit (up by 908 million) and lower current transfers’ surplus (by 726 million
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Sharp monthly rise in unpaid taxes to 1.59 bln for November
EconomyMacroeconomyin a cumulative outstanding tax debt of 72.78 billion, up by 1.52 billion on the end-October figure of 71.26... drop in November, yet the 11-month figure stands at 25.2 percent compared to an annual target of 50
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What is in SYRIZA's 3-pillar programme to overcome the crisis?
Economyearning up to 700 euros gross per month (543.1 million). 3) Free access to the public health care... with the sharp drop in oil prices have resulted in the price of heating oil dropping to 0.90 euros
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SYRIZA's poll lead consistent but parliamentary majority elusive
PoliticsGreek Politicsor her mind up. These undecided voters could be crucial in deciding whether parties such as Independent... a little short of entering the House, say a combined 5 percent, the election winner’s threshold would drop
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Central gov't cash surplus reaches 1.42 bln in 2014 after 1.19 bln deficit in Dec
EconomyMacroeconomyrevenues grew by 1 percent to 47.1 billion euros, with December revenues up 5.1 percent. MoF data... in the second quarter of the year. Excluding this one-off item, the underlying BoG figure indicates a drop
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