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Who pays property tax and how much revealed by Greek authorities
EconomyMacroeconomyof the total or 2 million individuals declare one property right, 1.39 million two rights.... In contrast, almost 6 percent of individuals are due to pay an amount that is 10–50 euros above that of 2015... 50–1,000 euros above last year’s figure and for 10.6 percent the incremental tax burden exceeds
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Newsletter 90 - 30/09/2016
, was revealed to have received more than 50 million euros in loans from Attica Bank last year... by 4.8 points since the end of last year. September’s fall follows two months of improvements. 2... on the right in Greece said they had an unfavourable view, followed by 65 percent in the centre and 50
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Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
EconomyMacroeconomyby less than 50 million from the previous month to 93.44 billion. The monthly flow remained volatile... million in October leading balance down to 65.25 billion. Cumulative net deduction stood at 2 billion year... to 50 percent over this period. The bulk of the anticipated bad loan reduction is expected to stem from
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Newsletter 142 -1/12/2017
of e-auctions will be on Wednesday, with authorities aiming to conduct 50 such transactions..., that will increase the quorum for first-degree unions to vote on a strike from one third to 50 percent. One potential... of it preventing an SLA being concluded. 2 Primary surplus at 5.33 bln in October Headline figure beats
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Greek health care spending in the spotlight
EconomyFeaturesaccepted a total of 50 million euros in kickbacks from the Greek subsidiary of the pharma giant... governments increased subsidies for the system and pushed the country’s health care budget deficit to 50... billion euros for 2013 and 2 billion for 2014, with pharmaceutical companies required to contribute
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Greek banks' NPL selloff gathers speed
EconomyBankingbalance comes to 3.7 billion euros, and a total outstanding principal amount is 2 billion euros... billion euros, consisting of 50 percent new and 50 percent rolled over existing loans, scheduled
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingor into early 2019, a collateralised portfolio of NPLs from small and medium sized businesses worth 2... of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new and 50 percent rolled over
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBanking, with the NPE cash coverage ratio standing at 50 percent, and total NPE coverage at 105 percent. The stock... and 39 percent, while their cash coverage stood at 83 percent, 50 percent and 94 percent... into costlier management actions, according to the bank. Balance Sheet Eurosystem funding fell by 2 billion
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Falling bank shares prompt coalition to take closer look
PoliticsGreek Politicsthat Piraeus Bank must raise about 500 million euros by selling tier 2 bonds after an agreement with the ECB... of their NPEs up to 2021. The new targets reportedly involve the restructuring of 50 billion euros’ worth... is aimed to reduce the bad loans of the four systemic banks to 22 percent or below, from around 50 percent
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Study casts light on unusual export profile, identifies areas for improvement
EconomyFeatures) reported turnover of less than 2 million eurso in 2017, while over half had less than 10 employees. Meanwhile, in 2014 around 100 large companies were found to be responsible for 50 percent of total... that of Greece’s. Over 50 percent of all export activity was made up of services, which is high compared to other
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