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No breakthrough in discussions over protection for main homes
EconomyProgrammeof the properties that can be protected to be 230,000 euros, rather than the 250,000 euros propose by the government. They also want the maximum level of the residual mortgage to be 100,000 euros, rather than 130,000. They are also pushing for the ceiling on the deposits that borrowers have to be no higher than
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Newsletter 205 -10/05/2019
than enthusiastic response to the interventions from Greece’s lenders, who were in Athens.... For pensioners earning more than 1,000 euros, the rate will be 30 percent. Achtsioglou said... less than 500 euros a month) and that the legislation to be submitted to Parliament later this month
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ND moves on to next bill after first round of tax cuts approved
PoliticsGreek Politicsless than 60,000 euros,” while half of that amount is for properties worth more than 500,000 euros... more than 1 million euros are less than 15,000 of 7.3 million taxpayers in total and that their tax... of the total reduction would be enjoyed by those owning properties worth less than 200,000 euros. Staikouras
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Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
EconomyBankingeuros in December, reduced annually by close to 14 billion euros, and more than 39 billion since... of the NPEs, 24.6 billion euros, is connected to some sort of settlement scheme. More than half.... Within the business segment, 62 percent of small and self-employed are non-performing, and more than
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Unemployment edges upward to 15.5 pct in April
EconomyMacroeconomyis less than three months or if they receive more than 50 percent of their salary, in line with Eurostat... data was released. Particularly, response in urban areas had been lower than usual due... that the employment balance was positive with 37,568 more hirings than firings. Compared to the same month last
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Unemployment rate jumps to 17 pct in May
EconomyMacroeconomyis less than three months or if they receive more than 50 percent of their salary, in line with Eurostat... lower than usual due to the pandemic. The latest available data from the Labour Ministry’s Ergani database for June showed that the employment balance was positive with 37,568 more hirings than firings
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Unemployment rises to 18.3 pct in June
EconomyMacroeconomyif the duration of their contract suspension is less than three months or if they receive more than 50... to revision when quarterly data was released. Particularly, response in urban areas had been lower than... for June showed that the employment balance was positive with 37,568 more hirings than firings. Compared
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Newsletter 269 -16/10/2020
unscathed and the initial indications are that rather than create greater unity in Greek politics... traditionally been Greece’s strongest thanks to tourism, to fall by more than 10 pct annually. Beyond... being a major drag that could push third quarter GDP even deeper than the second quarter drop
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PM unveils 50 more ICU beds as Covid-19 death toll passes 500
PoliticsGreek Politicsfollowing a donation from the Greek Parliament. The Sotiria Hospital previously had less than 30... that the pressure on the public health system is comparatively slightly lower now than... image rather than making tangible improvements. “We all know the reality in the health system
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EIB investment survey points to diminished investment appetite
EconomyFeaturesof internal finance (76 percent) than large firms (61 percent). Bank loans continued to make up... than the EU average of 59 percent. Manufacturing firms had the highest share of finance from leasing... percent of firms reported being constrained, slightly more than double the EU average of 6 percent
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