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  1. A closer look at planned laws for unpaid taxes and home foreclosures

    EconomyMacroeconomy

    at the end of January, with the effective (collectable) figure standing at 9 billion euros, 11.6 percent... to 25,000 euros will have to pay 10 percent of their income to service their housing loan, while

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  2. New fiscal measures aim to edge Greece closer to deal with lenders
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    at 16, 9 and 5 percent. If confirmed, this would be a major development leading to price changes... in the luxury tax rate applied on cars with large engine capacity (less than 10 years old), pools

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  3. Proposed VAT overhaul a stepping stone towards agreement with lenders?

    EconomyProgramme

    (excluding Crete) enjoy rates that are reduced by 30 percent and currently stand at 16, 9 and 5 percent... corresponding to around 17 percent of GDP, which is well above the EU average of 10 percent.

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  4. Industrial turnover falls for 5th straight month in March at decelerating 2.9 pct

    EconomyMacroeconomy

    The Turnover Index in Industry fell for the fifth successive month, yet the rate of drop decelerated to 2.9 percent in March from 10 percent in February, according to the Hellenic Statistical... durables (+9 percent) followed by capital goods (+7.1 percent), consumer non-durables (+6.1 percent

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  5. Sharp drop in gg primary surplus by end-April, arrears keep rising
    Photo by MacroPolis

    EconomyMacroeconomy

    ) continued heading north for the fourth straight month. They rose by 9 percent month on month (MoM... percent) and state budget with an increase by 321 million to 478 million (10 percent). The positive

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  6. Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders

    Economy

    the last two sessions, Greek shares fell by more than 10 percent, while their cumulative losses...) and Alpha Bank (-9 percent). The other two core banks, NBG and Eurobank recorded losses of 5.7

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  7. IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief

    EconomyProgramme

    (additional needs of 9 billion). The programme’s privatization revenues were estimated at 23 billion..., the concessional financing for a prolonged period (10 years) would retain gross financing needs

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  8. General gov't cash primary surplus to May halves, arrears keep rising

    EconomyMacroeconomy

    , albeit at a slower rate, by 4.5 percent month on month (MoM) in May from 9 percent in April. The increase... of May corresponding to more than 10 percent of total. Debt The stock of gross debt slightly rose

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  9. Newsletter 34 - 10/07/2015

    Newsletters

    . This option was renewed on July 9 meaning that a pensioners who don’t have bank cards could withdraw... amounted to 195 million. Summing up, total retail sales fell by 10 percent to 975 million, from 1.09

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  10. Some snags remain in discussion with lenders over new privatisation scheme

    EconomyProgramme

    value of its assets. In the last prior actions sent on July 9, the Greek government committed..., according to its assessment of July 10. In a letter sent to the Commission President Jean-Claude

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