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  1. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    . KEFiM has been carrying out the survey for the last four years. The latest data as of 2017 from the Institut Economique Molinari, which has been surveying tax liberation dates across the EU since 2010... working until July 29 to cover all obligations to the state. This date has not changed for the last

    2%

  2. Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC
    Image via www.helpe.gr

    EconomyProgramme

    in Efimerida ton Syntakton, HRDAF sources were reported as saying that a subpoena Glencore has received... for Competition (DG Comp) has cleared the privatisation of the Hellenic Gas Transmission System Operator... privatisation roadmap, since the deal has been plagued by delays, collapsed tenders and lower than

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  3. Coalition focuses on relief effort after fires as Mitsotakis holds back on criticism
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the current government. “The Greek state has been unable over time to effectively protect the lives... will be that SYRIZA has failed to make any discernible difference to the running of the country... that they would bring a new ethos to the business of governing. However, the coalition has been

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  4. Coalition's attempt to defend handling of fatal blaze fails to stem criticism

    PoliticsGreek Politics

    (and the emergency service chiefs it has appointed) from any responsibility for the death and destruction inflicted... briefing as a “show” aimed at shirking the government’s responsibility. “Greece has again come face... has increased the pressure on the government, especially with regard some public acceptance

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  5. IMF voices concerns over long-term debt, sees more relief being needed
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    14 billion euros are rolled over smoothly. However, the IMF has reservations whether the debt deal is sufficient to ensure market access in the longer-term. Greece has achieved the recent high primary... relief has considerable credibility given the level of financing and support that the eurozone has

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  6. Unemployment in Greece falls to 19.5 pct in May, below 20 pct for first time since Sept 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that the unemployment has dropped below the 20 percent mark since September 2011 when it stood at 19.2..., which is the first time that the figure has exceeded 3.8 million since February 2012... to April. Against the same month last year, the number of unemployed has fallen sharply by 113,718

    2%

  7. Retail turnover in June grows strongly led by fuel and supermarket sales
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    has remained positive for five months in the first half of the year with February the only negative... down 4.2 percent growth in May. As with the sales index, February has been the only month this year... has remained positive throughout the year, having improved by 20.1 points year to date, reaching

    2%

  8. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    formation has declined. The bank reported that across the last 12 months, NPE reduction has come... (-5.6 billion euros) and NPE sales (-2.4 billion euros). Piraeus Bank has been stepping up efforts... balances stood at 3.8 billion in late August 2018. A total of 3.1 billion in new loan generation has

    2%

  9. New overdue taxes rise by 377 mln in July, total stock above 102 bln for second month

    EconomyMacroeconomy

    of 428 million euros, data from the Independent Authority of Public Revenues (IAPR) has shown... of 80 million month-on-month, which was almost entirely driven by rises in new debt. Total debt has... 88.6 percent in June. The aggregate rate of collectibility came to 81.4 percent. The IAPR has set

    2%

  10. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    problem has been addressed as a result of the June Eurogroup agreement. He argued that this secured... Macedonia, clashed with riot police. Tsipras insisted that the agreement, which still has to be ratified... partner, to trigger snap elections over the name deal. Kammenos has made it clear that he

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