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Travel balance increases by 16 pct in June and 19.5 pct in first half of year
EconomyMacroeconomylower than receipts at 157.7 million. As a result, the travel balance came to a strong surplus of 2.17
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Greek banks push for return to normality
EconomyBankingwas reduced by 4.7 billion euros quarter-on-quarter to 92.4 billion 1.2 billion lower than the target
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Crisis-era productivity in Greece lowest among OECD countries
EconomyFeaturesreport noted that a concern over recent years has been that many jobs were being created in lower
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingeuros in H1, a reduction of 16 percent YoY. This was mainly attributed to lower accruing balances
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Greece tops OECD countries for tax rises and spending cuts
EconomyFeaturesby either spending cuts or lower increases in public spending. Greece displayed the strongest trend
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Tsipras and Mitsotakis gear up for economy pledges, with eyes on fiscal targets
PoliticsGreek Politicsto convince Greece’s lenders to lower the fiscal targets. Earlier this year, he also promised to come
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SYRIZA and ND go head-to-head over promises to lighten tax burden
PoliticsGreek Politics, that the lower VAT rate on five Aegean islands will be maintained beyond the end of the year
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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politicsdecrease from 24 to 22 percent in 2021, with the lower rate dropping 1 percentage point from 13 percent
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Lenders appear at ease with Tsipras pledges, cautious on pension cuts
EconomyProgrammeaged under 25 and the reduction of the top rate of VAT from 24 to 22 percent in 2021, with the lower
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Building permits rise by 16.2 pct in June and 7.5 pct in first half of year
EconomyMacroeconomylower than the peak of 95,730 permits issued in 2005. Much of the current building activity also centres
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