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Newsletter 3 - 14/11/2014
and that it expects the heads of the troika delegation in Athens in the coming days. Jobless rate falls to below 26 percent The seasonally adjusted jobless rate fell below 26 percent in August for the first time... of economists by Reuters had predicted a growth rate of 1.3 percent for the third quarter. 2
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Newsletter 101 - 23/12/2016
holding up the implementation of short-term debt relief measures dragged on. Athens had hoped to end..., respectively. The central bank also projected that the unemployment rate will drop by 1.5 percentage... in the VAT rate has had a negative affect on VAT revenues. Thus, BoG proposes more initiatives to increase
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Government stalls possible bond issue, clashes again with judiciary
PoliticsGreek PoliticsMonetary Fund is holding its executive board meeting on June 20, rather than June 27 as was initially..., that the SYRIZA-led coalition is making a forced return to the markets at an unattractive rate. Stelios... that the 2014 bond had a yield that was 1.41 times higher than Portugal’s rate. He suggested that if the same
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Greece completes first bond issue in three years, eyes more on way out of programme
Economyvalue and an offer of a new euro-denominated fixed rate note under the English law due in 2022..., we conclude that the participation rate in the bond swap reached 39.1 percent, while total cash offers (from new investors) amounted to 4.68 billion euros, implying an oversubscription rate of 3.28
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Manufacturing PMI climbs to 53.9 pts in August, outlook remains positive
EconomyMacroeconomyin output and new orders, Markit noted. The rate of job creation accelerated in August. Greece’s... suggesting the rise being driven by increased client demand and higher volume of new orders. The rate... for the second successive month. The rate of output growth beat that of new orders which in turn led
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Fiscal targets and tax cuts on agenda as Staikouras meets Regling
PoliticsGreek Politicsproperty tax, a basic tax rate of 9 percent (down from 22 percent) and a top rate of 42 percent (down from... through switching to digital services and holding back the reduction in VAT rates to 2023. Also... will help boost Greece’s growth rate. He suggested that it could be doubled from this year’s forecast
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Newsletter 215 -19/07/2019
the minimum monthly payment from 30 to 20 euros and reducing the interest rate from 5 to 3 percent... a 20 percent reduction to the ENFIA property tax, a basic tax rate of 9 percent (down from 22 percent) and a top rate of 42 percent (down from 45 percent), and up to 60 percent tax cuts for self
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Surprise handout announcement provokes storm of criticism from opposition
PoliticsGreek Politicslowest inflation rate among its peers in October, while Greeks have seen a steeper rise... to Greece’s 24 pct VAT rate and gave the counter-example of Germany where VAT was cut to 16 pct... their support ebb, with ND holding 33.3 pct and SYRIZA 23.6 pct of voting intentions. KINAL has seen its
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A closer look at Greece's Q3 2023 national accounts
Agora. The thin line in the Figure shows the growth rate of productivity year-over-year (Y/Y). The trend line... union as a whole. The average Y/Y productivity growth rate for Greece for the period 2001-2023 is 0.1... productivity growth rate for Greece is now at 0.5 percent; 0.3 percent for Euro(20)—this is consistent
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PM set on sharing out more economic benefits in bid to recover support
PoliticsGreek Politicsrates to wages, while the other is based around bringing down the 22 pct rate that applies to incomes..., Euro2day, the top rate of tax in particular is seen as a disincentive for Greeks currently working..., holding roadshows around Europe. It feels that this could not only address the labour shortage
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