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  1. Greece tax wedge rises two places to 13th highest among OECD countries, report finds

    EconomyFeatures

    wedge of 37.9 percent in 2018 compared to an OECD average of 26.6 percent. This represents a drop... that between 2000 and 2018, the tax wedge rose by 2.1 pps compared to an OECD average drop of 1.3 pps

    4%

  2. Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
    Photo by MacroPolis

    EconomyBanking

    and restructuring costs points to a drop in profits of 5.9 percent QoQ. Core pre-provision profit (PPI... 67.6 percent in the previous quarter. The drop in NPL formation was driven by drops in three out

    4%

  3. The main economic challenges that will define the Mitsotakis reign

    Agora

    recently seen its bond yields drop, with the 10-year falling below 2 percent. To top it all, debt... into the composition of investment spending shows that the precipitous drop is due to property construction, while

    4%

  4. CPI falls by 0.3 pct in June after 13 months of rises
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of 0.6 percent. The overall CPI fall on an annual basis was driven by a 1.8 percent drop in the price... and textiles. This was followed by a 1.6 percent drop in recreation and culture, a 1.1 percent fall in food

    4%

  5. Industrial turnover drops by 2.3 pct in May
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    market fell more markedly by 4.4 percent. The slight drop in the domestic market was driven by a drop

    4%

  6. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    million euros. Eurobank reported a YoY drop in PPI of 3.4 percent, bringing the total to 398.6 million euros. The decline was sharper for Alpha Bank, who reported a YoY drop of 26 percent in PPI

    4%

  7. Industrial production drops by 2.1 pct in July
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    EconomyMacroeconomy

    index, followed by a 2.3 percent decrease in the electricity supply index, and a drop of 1.9 percent... petroleum products where a drop of 11.1 percent YoY. Within the mining and quarrying index

    4%

  8. Industrial turnover rises by 4.3 pct in July

    EconomyMacroeconomy

    Greece’s industrial turnover increased by 4.3 percent year-on-year (YoY) in July following an upward revised drop of 7.7 percent in June, Hellenic Statistical Authority (ELSTAT) data published... in the non-domestic market fell by 1.4 percent. The drop in the domestic market was driven

    4%

  9. Retail turnover drops by 2.7 pct in July, volume falls by 3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    were seen in pharmaceutical products and cosmetics with a drop of 7.2 percent, followed by clothing..., stationery, other goods (+2.5 percent) and supermarkets (+0.5 percent). The annual volume drop was led

    4%

  10. Overdue tax, debtors jump in Sept as total reaches 105.6 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    compared to a drop of 144,448 in August. Total debtors now stand at 4.35 million. The total for legacy.... On the other hand, effective new tax debt for the month increased by 529 million euros, outstripping the drop

    4%