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New Democracy sticks by snap polls call as gov't looks to probe, tender for relief
PoliticsGreek Politicsended up being beaten to the punch by New Democracy. The government’s proposals was table... Mitsotakis on Tuesday to call on Tsipras to resign and snap elections to be held if necessary marked... for Tsipras to resign. During a briefing on Thursday, party spokesman Giorgos Koumoutsakos said
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Newsletter 68 - 01/04/2016
for him to resign and suggesting that snap elections should be held. Conservative leader Kyriakos... was beaten again. Despite the economy entering recession, Greece being monitored for its oversized public... and urbane than his colleagues, should call for Tsipras to resign and snap elections to be held
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomybillion dragged by higher tax refunds. The drop in primary expenditure accelerated in May to -3.3... period. This implies an average figure exceeding 1 billion per month. Although the April figure of 763
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OECD sees 3.3 bln euros of savings Greece can make by cutting red tape
EconomyMacroeconomyThe Organisation for Economic Cooperation and Development (OECD) released a report on May 15 identifying 3.3 billion euros worth of burdensome regulations in 13 sectors weighing on businesses each year. Over three-quarters of these costs accrue in three of the priority areas, namely tax (VAT
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Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
EconomyMacroeconomyThe turnover of Greece’s retail trade index dropped for the fourth straight month in February, when it fell by 3.3 percent in February from an upward revised 1.8 percent decrease in January, according to the Hellenic Statistical Agency (ELSTAT). The February headline figure is the ninth negative
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Retail turnover fall accelerates to 3.3 pct in April
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell for the sixth straight month in April at an accelerating pace of 3.3 percent from a downward revised 0.6 percent in March, according to the Hellenic Statistical Agency (ELSTAT). The April headline figure is the highest drop since December 2014
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Drop in disposable income accelerates to 3.3 percent in Q3
EconomyMacroeconomyGreek household disposable income dropped at an accelerating pace of 3.3 percent in the third quarter (Q3) of 2015 from a revised 2.4 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures displayed on Monday. In absolute terms, disposable income reached 30.41 billion euros in Q3 down
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Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by another 3.3 billion euros in November, after a broadly similar drop of 3.53 billion in October, Bank of Greece's (BoG) monthly financial statement showed on Tuesday. This was the 17th successive drop leading the Eurosystem funding balance down to 68.49
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Economic sentiment breaks 100-point mark in Sept, consumer confidence up by 3.3 pts
EconomyMacroeconomy, rising by 3.3 points in September to stand at -53.7. On a year to date basis, the index has gained
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If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study
EconomyMacroeconomypayments in Greece reached the EU average level, annual VAT revenue would rise by 21 percent, or 3.3
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