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Budget primary surplus at 4.96 bln in Dec, beating annual target
EconomyMacroeconomy. Across 2019, total expenditure came to 55.24 billion, landing below target by 620 million. The MoF
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PM trails switch in tax cuts, admits misstep in approach to migration
PoliticsGreek Politicspercentage point reduction for employers and employees alike. Again, the aim would be to reduce the total
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Athens steps up drive for fiscal space as fifth post-MoU review continues
EconomyProgrammetax could be self-funding by broadening the tax base, the total abolition of the solidarity levy
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Newsletter 236 -24/01/2020
by broadening the tax base, the total abolition of the solidarity levy in 2021 would cost 1.16 billion euros
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgrammein the current year to implement its tax plans. The total abolition alone of the solidarity levy in 2021 would
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Disposable income rises by 3.5 pct YoY in Q3, final consumption up by 0.9 pct
EconomyMacroeconomypercent was seen in other current transfers. The figures showed that employees’ total remuneration rose
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Budget primary surplus confirmed at 5.02 bln in Dec
EconomyMacroeconomylast year, interest payments stood at 4.68 billion. Across 2019, total expenditure came to 55.27
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Deposits rise by 3.65 bln in December
EconomyMacroeconomymillion. Total deposits, which also include the general government (gg), rose by 5.17 billion
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Banks gear up for 2020 stress tests as evaluation begins
EconomyBankingpercent in 2021 and -0.4 percent in 2022, for a cumulative impact of -6 percent and a total deviation
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Uproar over minister's home protection comments underscore sensitive nature of challenge
PoliticsGreek Politicspercent of which were non-performing. The total stock of bad debt owned by banks exceeds 70 billion
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