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New overdue taxes rise by 428 mln in June, total stock above 102 bln
EconomyMacroeconomyGreece’s new tax debt’s month-on-month rise came to 428 million in June, slowing from May’s rise of 610 million euros, data from the Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first half of the year showed that new tax debt totalled 5.19 billion, lower
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Banks try to build on growing confidence
EconomyBankingat a lower cost that in the past, allowing banks to further reduce ELA reliance. NPLs Several loan
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeaturesin neighbouring competitive markets is lower, at 10 percent for Spain, 9 percent for Cyprus, 8 percent
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeaturesthe subdued demand in the domestic market. NBG notes that this meant lower profits, or even a loss in some
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CPI up by 0.9 pct in July to mark fourth consecutive rise
EconomyMacroeconomyperiod, and transport (-0.9 percent) mainly due to lower flight ticket prices. Minor rises below 0.5
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Apartment prices increase by 0.8 pct in Q2 for first rise since Q4 2008
EconomyMacroeconomythat for 2016, it remains around 86 percent lower than the peak of 95,730 permits issued in 2005.
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Building permits up by 4.4 pct in May and 5.3 pct in first five months
EconomyMacroeconomy86 percent lower than the peak of 95,730 permits issued in 2005. The most recent quarterly Bank
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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomybut lower by 250 million euros compared to the first quarter of the year. The report noted that this is due
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economy, lower unemployment and complete clearance of government arrears to the private sector. On the other hand
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Tsipras bids farewell to MoU, eyes new start for Greece and SYRIZA
PoliticsGreek Politicsat lightening the burden on taxpayers, possibly in the form of lower social security contributions
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