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  1. Mitsotakis pledges more tax cuts in 2020 amid police violence claims
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to bring down the property tax, it should be noted that the government is also committed to adjusting... and to double down on the message that it has been consistently trying to get out to voters since

    2%

  2. Unemployment drops to 16.4 pct in Q3
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    ). The unemployment rate for males came to 13 percent, down by 7 pps since Q2 while the rate for females stood at 20.5 percent, down by 0.4 pps. The breakdown by age revealed that the jobless rate fell in all

    2%

  3. November travel receipts drop by 42.9 pct on lower French receipts
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    . Receipts came to 313.8 million euros, edging down by 0.8 percent year-on-year (YoY). Travel payments... down by 0.1 percent to 2.94 billion. Revenues from French visitors were up by 14.7 percent to 1.09

    2%

  4. Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    real growth slowing down to 1.2 percent by 2027, compared to the European Commission’s estimate range... to bring the ration down to single digits is sensitive to the operating environment and the appetite

    2%

  5. Banks gear up for 2020 stress tests as evaluation begins
    Photo by MacroPolis

    EconomyBanking

    is expected to continue, but will significantly slow down over the coming years, from a rise of 7.4 percent..., after a series of sales of bad loans that have pushed down the NPE ratio, domestic lenders have

    2%

  6. Greek banks eye positive market appetite for bad loan sales
    Photo via www.helex.com

    EconomyBanking

    the total from the current 24 billion down to 8 billion by the end of 2022. The NPE ratio is expected to go down from 49 percent at the end of 2019, to 29 percent this year and 8 percent by 2022

    2%

  7. Bumper year for business launches in 2019, according to registry
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    ), Qatar (77) and Tunisia (78). The score for each country is broken down across 10 sub indicators. Out of these, Greece scored worst for registering a property at number 156, down three places from

    2%

  8. Current account deficit more than halves to 2.57 bln in 2019
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    for the balance of goods came to 1.63 billion euros, down by 10.7 percent year-on-year (YoY). The services... payments rose to 246.3 million, down by 1.2 percent. Total exports in December came to 2.75 billion euros

    2%

  9. PBO sees encouraging signs for economic and fiscal outlook
    Photo by MacroPolis

    EconomyMacroeconomy

    euros a year earlier, or just 3.5 percent. The pace of tax debts is also slowing down. Combined... billion in 2016. State arrears to the private sector are also gradually coming down, settling at 1.28

    2%

  10. Sharp rise in M&A activities as 2019 proves record year
    Photo by MacroPolis

    EconomyFeatures

    . The average value per transaction came to 51 million euros, down from 72 million euros in 2018... down by category, in 2019 the most M&A activity took place in the sector of real estate which

    2%