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Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
PoliticsGreek Politicsincrease in the tax-free threshold per child for each household. Regarding the ENFIA levy, Mitsotakis... funds, which includes the majority of debtors, would be allowed to pay as little as 20 euros per...) for winning party, and Greece being left in an ungovernable state, Parliament would give a New Democracy
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Newsletter 434 - 27/09/2024
wage effective from April 1 is 830 euros gross per month, paid out on a 14-month basis leading... in 2016. However, BoG also finds that wages in income brackets above 1,200 per month have barely moved.... The sounding shows Androulakis winning a runoff against any of the five other candidates.EconomyData
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingbillion euros. With the drop of NPEs outpacing the deleveraging in the system that saw loans drop... in Greece. Also during June, Eurobank announced that it had entered into a binding agreement with PIMCO’s... make up the portfolio, with 40 percent of the properties located in Athens. Non-binding bids
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Coronavirus to delay much of privatisation plan
EconomyFeaturesthe privatisation’s timeline off track. Athens International Airport saw its total air traffic fall... binding offers. That phase would have taken place within the next few months under normal... Gas Corporation (DEPA) due to the disruption caused by the coronavirus. Nine non-binding offers were
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Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingof the year, the bank saw deposit inflows of 500 million. Deposit balances in Greece increased by 500... non-binding offers for the Galaxy securitisation. Binding offers are expected to be submitted
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BoG charts how crisis has affected private sector employment
Economyshift work. In addition, 94,000 employees saw a wage reduction in their labour contracts in 2012... private sector employment has been affected during the crisis. The first finding is related... is some 20 percent below that of men (53.5 euros). Another important finding from the BoG study
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Parliamentary report highlights demographics challenge and urges immediate action
Societythis week raised further as it noted that the country’s fertility rate stood at 1.24 children per... to increase. Even if the average number of children per woman increased from 1.5 children to 1.8 children, the average number of births per year from 2018 to 2035 is unlikely to pass 95,000. An analysis
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Capital controls to be abolished ahead of schedule
EconomyBankingfor the first time. The initial withdrawal limit of 60 euros per day was increased to a rolling bi-weekly... to 1,800 euros per calendar month. The threshold for the withdrawal of sums transferred to Greece from... euros to 20,000 euros per customer per day and further restrictions on opening bank accounts were
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Economic diversification vital to Greece's post-coronavirus future
Agoraeconomic austerity endured, Greece has put the USA, France and the UK to shame on both a per capita... of the economy that Bank of Greece Governor, Yannis Stournaras, fears could be much as 8 per cent in 2020... 13 per cent and 32 per cent this, according the World Trade Organisation, the immediate economic
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ND's electoral bill put before MPs as PM mulls options for president
PoliticsGreek Politicssaw the election winner awarded a 50-seat bonus, but a sliding scale that could lead to the victorious party earning up to 50 extra MPs. According to the proposal, if the winning party passes the 25... in May 2012 did the winning party win less than 25 percent of the vote, when New Democracy gained
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