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  1. Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues

    EconomyMacroeconomy

    ) corresponding to 2.9 percent of the full year target of 1.26 billion 3) Conditional expenditure of only 58.... Overall, expenditure fell 5.3 percent to 3 billion, 469 million lower than target. PIB The remarkable

    6%

  2. Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
    Photo by MacroPolis

    EconomyBanking

    trading income, the bank’s core pre-provision income (PPI) fell 3 percent quarter on quarter (QoQ... that out of the 3 billion euros in impairments in 2015, 1.6 billion relate to the outcome

    6%

  3. Programme review talks continue, progress on tax, pensions and NPLs at a premium
    Photo by MacroPolis

    EconomyProgramme

    from annual income of 20,000 euros. The government proposed a month ago that these increase to 3... (314 million) 2) Increase in the tax rates on income from rents (142 million) 3) Increase in the tax

    6%

  4. Newsletter 67 - 18/03/2016

    Newsletters

    to the Q4 reading for 2014. The year-on-year decline reflects a rise in the number of employed by 3.... The year-on-year decline reflects a rise in the number of employed by 3 percent. Rise in long-term

    6%

  5. Greek corporate lending rates up to 250 bps higher than eurozone average

    EconomyMacroeconomy

    euros slipping by 3 bps to 4.83 percent. For lower amounts, the respective rate stood at 5.62 percent... to 14.66 percent. The interest rate for loans to sole proprietors eased by 3 bps to 7.44 percent

    6%

  6. Greek tourism's long-term growth prospects are good, report shows

    EconomyMacroeconomy

    percent per annum by 2026. Business spending is seen rising at higher rates of 3 and 7.5 percent... to 817,000 in 2016 and then record an annual growth of 3 percent in the next ten years to around 1.1

    6%

  7. Greece seeks to finalise 1 pct of GDP in new tax measures to close review

    EconomyMacroeconomy

    ) - the government has to identify additional measures of 1 percent of GDP to cover the fiscal gap of 3... euros. 3) A levy on hotel stays of 1-5 euros per night, according to the hotel’s category

    6%

  8. Bailout talks resume with key issues pending and contingency measures emerging
    Photo via Flickr https://flic.kr/p/7sxCd6

    EconomyProgramme

    . The European Commission along with the Greek government see a fiscal gap of 3 percent to achieve... and with a different approach on what the proposed measures might yield, the IMF insists that the measures of 3

    6%

  9. Newsletter 71 - 22/04/2016

    Newsletters

    the institutions that there is no urgent need for the legislation of contingency measures worth more than 3 billion euros on top of the 5.4 billion (3 percent of GDP) agreed with lenders but it appeared to have

    6%

  10. Pension and income tax reform bill sets out 4.4 bln in new measures

    EconomyProgramme

    million) and future (43 million) supplementary pensions – 326 million. 3) Lower pensions for new... (and not on presumptive) income – 137 million. 3) New methodology for farmers’ contributions – 112 million

    6%