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  1. Newsletter 184 -23/11/2018

    Newsletters

    to 25 percent and lower dividends taxes will affect the budget from 2020. On the expenditure side

    4%
  2. BoG provides details of ambitious plans to slash NPLs via SPV
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    (senior, mezzanine, subordinated junior/equity). The lower class of notes will be subscribed

    4%
  3. Greek tourism building strength but needs to diversify, PWC study finds
    Photo by MacroPolis

    EconomyFeatures

    lower spending from inbound tourists or spending in the shadow economy. The study found that Airbnb

    4%
  4. Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
    Photo by MacroPolis

    EconomyBanking

    3 which led to lower accruing balances. This was offset by deposits picking up and the reliance

    4%
  5. Greek tax rate hikes among highest in OECD countries, tax report shows
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    are all higher in Greece than the OECD average. Greek taxes are lower than the OECD average

    4%
  6. Trade deficit drops by 0.6 pct in October with aggregate increase at 1.4 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    YoY. Exports were notably lower at 3.12 billion, or a rise of 24 percent. A breakdown of the figures

    4%
  7. Building permits rise by 6.6 pct in September, up by 9 pct in 9M
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    this is higher than that for 2016, it remains around 86 percent lower than the peak of 95,730 permits issued

    4%
  8. Name deal uncertainty set to continue despite ANEL attempt to clarify stance
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the Parliament in Skopje is expected to adopt fully on January 15. It could be that a lower majority

    4%
  9. Chasing investment, the Greek dream
    Photo by MacroPolis

    Agora

    bring abundant liquidity for Greek banks, it also brought lower rates that made mortgages cheaper

    4%
  10. Budget primary surplus at 7.61 bln in November as expenditure curtailed
    Photo by MacroPolis

    EconomyMacroeconomy

    in October. Overall in the year to date, expenditure fell by 1 percent to 42.41 billion, lower than

    4%