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General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
EconomyMacroeconomyof 26 million. The breakdown of the figures showed that in 2018, revenues edged up by a very slight... arrears of made up the majority of arrears in December, followed by tax refunds (24.8 percent.... In the other underlying subcategories, T-Bills edged up by 1 million to 15.28 billion (4.3 percent
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Piraeus Bank posts net profit of 185 mln in 2018
EconomyBankingby the Ministry of Finance and the Bank of Greece are expected to speed up their current reduction... picked up to 44.7 billion at the end of 2018, an increase of 5 percent YoY. Domestic deposits came..., while on a quarterly basis NIM was stable at 243 bps. Net fee and commission income was up 2 percent
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General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
EconomyMacroeconomytax refund arrears) rose by 83 million and came to 2.15 billion euros, picking up from a month...) and extrabudgetary funds (+6 million euros). At 29.3 percent of the total, SSF arrears made up the majority.../ESM/IMF loans edged up very slightly by around 3 million euros, and represented around 70.5 percent
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Athens holds fire on debt schemes, prepares tax relief measures
EconomyProgrammeThe government is hoping in the coming days to wrap up draft legislation for the new payment... of arrears to social security funds. The measure includes a potential write-off of up to 100 percent of interest and penalties, up to 65 percent haircut on the debt, and up to 120 instalments
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ND unfurls array of policies as it prepares for final stretch of campaign
PoliticsGreek PoliticsNew Democracy presented on Friday the main elements of its manifesto, summed up in a 20-page... again. Beyond tax cuts, ND is promising to boost private investment in key sectors of the economy by up... by accusing New Democracy of danger-mongering about PPC to damage the government in the build-up
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The Greek election's winners and losers
Agoraadministration which is up to European standards has taken over was severely diluted, if not completely... needed to reinvent himself and SYRIZA, which may end up becoming something substantially different... is to turn towards the KINAL either in a bid to destroy it and pick up the pieces or to nurture a common
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Newsletter 230 -29/11/2019
. The draft law also contains a provision wiping out debts of up to 10 euros owed by 536,000 taxpayers... elections. New Democracy’s proposal that up to five votes should be held in Parliament, with the last one... Minister Kyriakos Mitsotakis urged his ministers to keep up the pace set since New Democracy came to power
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Ankara tension tops govt agenda, overshadowing social dividend and primary residences
PoliticsGreek Politicsafter it wrapped up on Friday the latest tax legislation and announced the details of this year’s... dismissed suggestions that Athens had been caught by surprise. Greece will take the issue up with the United Nations, he said. Tension between Athens and Anakara went up a notch over the weekend
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Newsletter 235 -17/01/2020
choice is that Sakellaropoulou’s departure will open up the position as head of Greece’s top.... The centre-right party is proposing a sliding scale that could lead to the victorious party earning up... decade was dealt with by the so-called Katseli law, is starting to move up the agenda of key
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Latest Novartis clash signals deeper battle over role of judiciary
PoliticsGreek PoliticsDemocracy accusing SYRIZA of trying to cover up its attempts to tarnish its political opponents with made-up corruption claims and the opposition claiming that the government is trying to pervert the course of justice. The latest flare-up has been triggered by the request from the parliamentary
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