Search
-
Pension and income tax reform bill sets out 4.4 bln in new measures
EconomyProgrammemillion. This figure is expected to rise to 900 million from 2020 thereafter. 2) Cut in current (284... million. 5) No increase in pensions in 2018 – 187 million. 6) Lower pensions for surviving relatives... million. 2) New methodology for calculation of self-employed contributions based on declared
25% -
Newsletter 77 - 10/06/2016
billion, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80... unemployment reading is the lowest since April 2012. 2 The mangling of truth Inaccuracies have become a daily
25% -
Minor changes in Greek deposit and lending interest rates in May
EconomyMacroeconomythey fell by by 2 basis points (bps) to 0.85 percent from 0.87 percent in April, Bank of Greece (BoG... with a similar decrease in the overnight rate led the weighted average rate on total new deposits down by 2... mixed trends with that for amounts between 250,000 and 1 million euros slipping by 6 bps to 5.17
25% -
Newsletter 81 - 08/07/2016
deposit rate eases Greek households’ new time deposit rate fell by 2 basis points to 0.85 percent in May... euros and slipped by 6 bps to 5.17 percent for amounts between 250,000 and 1 million euros. The headline figure is the lowest since Greece entered the eurozone in 2002. 2 Privatisations can be win-win
25% -
Current account surplus falls to 1.4 bln in July
EconomyMacroeconomy, largely on the back of a 2 percent decrease in non-residents’ arrivals. At the same time, travel... by 6 percent, while those excluding oil remained almost stable. The continued drop in the services.... Meanwhile, the corresponding liabilities fell by 2 billion reflecting a drop in non-resident’s holding
25% -
Budget primary surplus of 3.8 bln to Aug beats target by wide margin
EconomyMacroeconomythe target by 2.78 billion largely reflecting lower primary expenditure (by 2 billion) and revenue... million. The Finance Ministry confirmed on September 6 that the August revenue target incorporated..., remaining 2 billion lower than target. MoF said that compared to last year, expenditure increased by 292
25% -
Newsletter 89 - 23/09/2016
underspend of 2 billion, coupled with a revenue overperformance of 646 million. Revenues (before tax... for mining and quarrying retained an upward trend, rising by 4.5 percent, but makes up just 6 percent... turnover by 6.1 percent. 2 Coalition could face a mauling Nervous Tsipras awaits supreme court
25% -
Unemployment rate falls for second straight month, reaching 23.2 pct in July
EconomyMacroeconomyfell by almost 6 pp to 42.7 percent. Lower decreases of around 2 pp were recorded in the next two... the unemployment rate to land at 23.3 percent this year and drop further by almost 2 percentage points
25% -
Newsletter 92 - 14/10/2016
in August, industrial production in the first eight months of the year increased by 2 percent compared... production fell by 13.7 percent, but accounts for just 6 percent of the IPI. Manufacturing... is attributed to a 1.7 percent-fall in the goods index. 2 Making the extraordinary ordinary What
25% -
Newsletter 95 - 11/11/2016
of 23.3–23.5 percent in 2016, which is expected to fall by 1–2 percentage points in the following... was posted by mining and quarrying production, but it accounts for only 6 percent of the index. The headline figure for September is the sixth straight positive reading. 2 The great state
25%