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Our daily bread
Agoracomes at us faster than we can absorb it and there is a surplus of mistrust and rancour, moments... than the negativity that threatens to sweep us away. That is why Dionysis Arvanitakis, the baker... in the same year. The example they set is far more important than the awards they won or plaudits
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Athens adjusts foreclosure framework, waits for lenders to give green light
EconomyProgrammeas they were. This means that the assessed value of the property must be no more than 250,000 euros and that the owner should have less than 130,000 euros remaining on his/her mortgage. There had been... that the “signalling” from the completion of the review is more important than the money Greece will receive, which
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Athens starts MTFS process with baseline scenario that sees growth slowing down
Economypercent in 2023. The estimates are more modest than last year, when 2019 was expected to grow by 4.1... to 2023. Overall, domestic demand will be slightly lower than in last year’s forecasts and in nominal... will increase by 9.4 percent this year, more than doubling 2018 figure, then accelerate to 14.5
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Apartment prices up by 2.5 pct in Q4 and 1.5 pct in 2018 as property recovery solidifies
EconomyMacroeconomy2017, the absolute number of permits came to 13,847. Although this is higher than that for 2016, it remains around 86 percent lower than the peak of 95,730 permits issued in 2005. Much of the current building activity also centres around refurbishments rather than new builds. Up to November
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Unemployment rate falls to 18 pct in Dec, lowest since July 2011
EconomyMacroeconomyhigher. The overall labour force came to 4.72 million in December; slightly lower than the 4.74... departures than hirings. Total hirings came to 157,141 versus 179,474 departures. In the aggregate period, the employment balance showed 141,003 more hirings than departures, below the full-year
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Tsipras tempted to ditch snap elections option and hold on until October
PoliticsGreek Politics, rather than snap election in May at the same time or before the European Parliament ballot.... Opinion polls in the wake of the agreement indicate that more than 60 percent of voters opposed... than many of its opponents believe in October. However, if the prime minister has decided to hold off
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Athens set to press ahead with primary residence law despite differences with lenders
EconomyProgrammean assessed property value of less than 250,000 euros and who still has up to 130,000 euros to pay.... For instance, the lenders have reportedly suggested that anyone with more than 20,000 euros in deposits... that the government might be willing to consider applying lower thresholds for the business loans than
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Primary surplus confirmed at 822 mln in Feb
EconomyMacroeconomyeuros, which is 201 million euros higher than the monthly target. State budget expenditures for the first two months of the year came to 8.97 billion euros, which is 566 million euros lower than..., the PIB balance posted a surplus of 182 million, 210 million better than the target.
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IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
Economythan 5,000 euros per year. Between 2010 to 2018, declared incomes fell by around 26.7 billion euros... incomes of less than 10,000 euros. Out of 3,964,567 family tax declarations, 644,790 families... five years ago. The average household income declared in 2018 came to 11,556 euros. Less than
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Corruption claims dominate political discussion ahead of elections
PoliticsGreek Politicswill be dominated by clashes over corruption allegations rather than debates over policy choices. The submission... and doing anything other than their duty. SYRIZA’s parliamentary spokesman Nikos Xydakis attempted... issued in previous years to New Democracy and PASOK, which owe a total of more than 400 million euros
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