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  1. Travel receipts up 17 pct in May as average expenditure per trip rebounds
    Photo by MacroPolis

    EconomyMacroeconomy

    a slightly lower growth for travel receipts which rose 15 percent to 2.21 billion euros, while travel

    3%
  2. IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016

    Economy

    or slightly lower compared to last year. In addition, the reshuffling of the VAT rates may mitigate

    3%
  3. A breakdown of the funding needs involved in Greece's third bailout

    EconomyProgramme

    will lower financing needs by 6 billion. Based on these estimates, Greece’s gross financing needs

    3%
  4. Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop

    EconomyMacroeconomy

    , whilst the current ESI reading is 22.9 points lower than the post-crisis high of 104.2 recorded a year

    3%
  5. Drop in corporate loan rates led the average loan rate at a new historic low
    Photo by MacroPolis

    EconomyMacroeconomy

    , the decline was lower, by 23 bps to 4.94 percent for loans between 250,000 and 1 million and by 16

    3%
  6. Early rounds of talks with lenders focus on possible prior actions

    EconomyProgramme

    years for 40 insured years and to 67 years for 15 insured years as of 2023. The previous lower

    3%
  7. Greek business feeling the pinch from capital controls
    Photo by MacroPolis

    Economy

    , reflecting the decline in or even the cancellation of orders due to lower demand. On the back

    3%
  8. Greece and lenders appear close to third bailout deal, with few issues outstanding
    Photo by MacroPolis

    EconomyProgramme

    rate applied on tax obligations above 5,000 euros from 3 to 5 percent. For lower amounts

    3%
  9. Cash primary surplus for Jan-Jul close to 3 bln on improved revenues

    EconomyMacroeconomy

    periods, the adjusted figures depict a lower decline by 9.6 percent. It is noteworthy that July cash

    3%
  10. A breakdown of Greece’s revised financing needs as part of its new ESM programme

    EconomyProgramme

    to lower primary surplus and increased cash buffer, which is partially compensated by higher

    3%