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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomyraised annual revenues of around 2 billion euros. The nominal revenues from ENFIA were estimated at 3.2
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How Greek banks' capital needs could be reduced by 2.3 bln
Economycould potentially recognize in its accounting DTA the remaining amount of around 2 billion. The BoG
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Greek central government debt rises to 322.4 bln in Q2
EconomyGreece’s central government debt rose by almost 2 billion euros to 322.4 billion in Q2 2014 from 320.42 billion in the preceding quarter, according to the Finance Ministry debt bulletin published on Monday. The quarterly evolution reflects net redemptions of long-term bonds issued domestically
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingfor the group and to 114 percent for Greece. The latter is expected to improve by 2 percentage points
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Eurobank reports net loss of 301.1 mln in Q2
EconomyBankinginterest margin (NIM) reached 2 percent. On the cost front, operating expenses remained almost flat QoQ
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Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
EconomyMacroeconomypercent growth in private consumption and a 2 percent decline in public consumption. Gross fixed
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Loan rates rebounded in July, deposit rates continued heading south
EconomyMacroeconomyalmost 2 percentage points above those in the euro area. The combination of a 6 percent drop
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Vast majority of Greeks pessimistic on prospects of recovery despite coalition efforts
Societycountries when it comes to people’s views on the current economic situation as well. Just 2 percent
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Greek CPI down by 0.3 pct in August as rate of decline slows for third month in a row
EconomyMacroeconomyin May, when it temporary shot up to -2 percent. In 2013, the CPI slipped by 0.9 percent for the first
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Greek wages index falls 1 pct in Q2, down 23.8 pct since 2010
EconomyMacroeconomyAfter a short-lived year on year (YoY) rise of 2 percent in Q1, the seasonally adjusted Wages Index fell 1 percent in Q2, while it remained stable quarter on quarter (QoQ), according to the Hellenic Statistical Authority (ELSTAT). The index covers the total of gross earnings received by employees
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