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Newsletter 222 -04/10/2019
still stood at 45.4 percent of total loans, down from 47.2 percent. Meanwhile, the effects from... for such hotels. For 2019, total losses to Greek hotels stemming from the collapse of Thomas Cook were estimated at 315 million euros. Out of the total, 138.2 million euros relate to pre-collapse amounts, and 52
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBankingdeposits rate stood at 52 bps in Q3 versus 57 bps in Q2, while the interbank repo rates have fallen... in mid-July 2018, meaning ECB funding makes up the total current sum. QoQ, the bank reduced its ECB... to deposit growth, utilisation of the interbank repo market at negative interest rates and the issuance
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Newsletter 276 -04/12/2020
. On Thursday, health authorities reported another 100 deaths, taking the total to 2,706, while the number..., concessional interest rates and long maturities. However, long-term sustainability is subject to material risks that could throw the baseline scenario off track. Of the total stock of 339 billion
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Newsletter 325 - 28/01/2022
sector incomes, at 799 million euros; and some reduced VAT rates for a total tax reduction of 2... included in the draft budget for 2022 at the end of November by 2.62 billion euros. The total... and the total deficit at 11.52 billion euros, at 6.7 pct of GDP. Having accumulated deficits over
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Tourist arrivals up 23.5 pct in October as 2014 overall target rises to 23 mln
Economyareas, led SETE to also upgrade its projections for total tourist arrivals in Greece to 23 million... rates (+36.4 and +23.5 percent respectively) well above those reported in the peak period (June – September). The second important development involves the robust growth rates recorded in Athens (+29.4
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Newsletter 11 - 16/01/2015
to be in a straight contest for third spot. The centrist party is edging ahead in most polls but the virtual total... rates rising. 5. Greek banks would not be able to benefit from the ECB’s Quantitative Easing (QE... taxpayers. The second relates to the conversion of the current floating to constant rates so Greece
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Greece fell two places to 60th in Doing Business ranking, World Bank says
Economythat firms make eight tax payments a year, spend 193 hours to file, prepare and pay taxes. Also, the total... taxes less costly for firms by reducing the employers’ social security contribution rates, making insurance premiums fully tax deductible and lowering property tax rates. Moreover, the government
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Greece most socially unjust country in EU, study finds
Society. With 36 percent of the total population is now at-risk-of poverty or social exclusion, the report found... sample, Greece falls “dauntingly far off the mark” in providing high employment rates in good, well-paying jobs. The workplace is marked by the lowest rates of employment among older workers, a low
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgrammeand lower pension replacement rates for new pensions, creating strong objections from a large number... replacement rates, while also favour the national pension to be granted based on income criteria. Another... to legislate credible measures yielding 1 percent of GDP in total for 2017-18 to support the 2018 fiscal target
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Greece worst-performer in EU 28 for social justice
Societyboth Romania and Bulgaria have seen their index scores improve thanks to a fall in poverty rates...: 35.7 percent of the total population is now at risk of poverty or social exclusion (2015... the mark” in providing high employment rates in good, well-paying jobs. The workplace is marked
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