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  1. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    focusing on bringing down the volume of bad loans on their books. The target is to bring the stock down

    2%

  2. Tsipras waits on name issue and debt talks, Mitsotakis pledges tax cuts for tourism
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    briefed about the negotiations. Despite playing down talk of a deal, Athens remains hopeful that common... to gradually reduce the corporate tax rate from 29 to 20 percent, bring the ENFIA property levy down by 30

    2%

  3. GDP up by 2.3 pct year-on-year in Q1 on strong export growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarters of increases. Broken down by component, imports of goods fell by 4.6 percent QoQ and by 6.1... revised down slightly from 1.9 percent to 1.8 percent. The European Commission (EC) revised its growth

    2%

  4. Bond difficulties put a dent in coalition's exit plans
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    have dropped below 4 percent. The Finance Ministry attempted to play down the Reuters report... three years as it was “unable to bring yields down to the average of the European south.” Perhaps also

    2%

  5. New overdue taxes rise by 599 mln in April, total stock continues to grow
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt rose by 599 million in April, down from the increase of 776 million in March, data from the Independent Authority of Public Revenues (IAPR) has revealed. The latest monthly... of 243 million month-on-month, down from the previous month’s increase of 321 million. The increase

    2%

  6. MTFS outlines ambitious economic and fiscal road for next four years
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    growing, although at a slower pace, which will bring unemployment down from 19.9 percent this year... anticipated at 2.03 billion euros, coming down to 1.2 billion next year, falling sharply to 238 million

    2%

  7. Mitsotakis calls for no-confidence vote, hoping to exert more pressure on coalition
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Kammenos has made it clear that he has no intention of bringing down the government. Mitsotakis..., Constantinos Mitsotakis, when he was premier in the 1990s and saw his government brought down over

    2%

  8. Coalition survives no-confidence vote over name deal but sees majority trimmed
    Photo by MacroPolis

    PoliticsGreek Politics

    Antonis Samaras, when he was Greece’s foreign minister and brought down the conservative government... be keeping an eye on the public reaction to the name deal and whether this quietens down over

    2%

  9. Tsipras and Mitsotakis take messages abroad but face disquiet at home
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Scholz, including plans to cut the corporate tax and to bring down social security contributions... Mitsotakis and faithful business interests of trying to bring down the government. ANEL leader

    2%

  10. New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month

    EconomyMacroeconomy

    month. The VAT collectability rate edged down to 85.3 percent from 85.7 percent previously... months now, and the pile’s growth shows little sign of slowing down. Based on a GDP estimation

    2%