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  1. Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
    Photo by MacroPolis

    EconomyMacroeconomy

    be attributed to increased ENFIA revenues, since a number of taxpayers preferred to pay their tax obligation via credit cards, meaning that the state collected the whole amount upfront, while taxpayers will pay...-than-targeted ENFIA revenue collection in September could lead to lower than initially estimated

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  2. Newsletter 192 -01/02/2019

    Newsletters

    that the minimum wage was increased later than it should have been and that next year’s lower tax-free... at. Specifically, the comparison was made with Portugal, which has a yield that is eight times lower... As government increases pay, study shows foreign investment crucial to growth As was widely

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  3. Tracking Greece's fiscal performance
    Photo by MacroPolis

    Agora

    has to pay for them later, or only receives revenues from them later (say, the revenues for the month.... But, inflation is a harsh tax with many distortive effects, and it hits people in the lower and middle income... subsidy on its interest bill, relative to what it would have to pay if the debt were held by the market

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  4. Eurobank records net loss of 207.4 mln in Q1

    EconomyBanking

    in Q1 2014 from 913.1 in Q4 2013. The lower loss reflects an improvement in pre-provision income (PPI... year on year but only QoQ. Higher PPI QoQ at 194 million in Q1 is fully attributed to lower costs... percent QoQ decrease in net interest income (NII). The latter is attributed to lower lending spreads

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  5. Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln

    EconomyMacroeconomy

    stands 2.11 billion above the target. The outperformance is mostly due to lower primary expenditure (by 2.82 billion), higher Public Investment Budget (PIB) balance (by 821 million) and lower tax refunds... million, two-thirds lower than last year’s figure of 2.45 billion euros, and 2.09 billion better than

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  6. Encouraging signs for Greek banks in Q1 results but NPL management looms large
    Photo via Flickr https://flic.kr/p/4hVnhM

    Agora

    in the course of Q1 to 10 billion, which also entails lower fee expense since banks pay a fee of 115 basis... by 2.7 billion euros QoQ coupled with lower time deposit cost, which more than offset the reduced loan... operations (TLTRO-II) and repricing of time deposits at lower levels. As we have previously argued

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  7. Local elections in Greece a precursor of European vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    than the first. It has been suggested that a lower turnout next Sunday suits the government as it would... privatisation fund has already said it will disregard the plebiscite, while the Interior Ministry has

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  8. New Greek cabinet a mixed bag, prompting hope and concern
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    only one ministry and three lower grade positions. There were also several appointments from... government, to fill this position. His portfolio falls under an expanded Interior Ministry

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  9. Athens unsettled by speculation about proposal at June 15 Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    a visit to the Interior Ministry on Thursday afternoon, Prime Minister Alexis Tsipras appeared to further lower expectations for what could be achieved at the meeting of eurozone ministers. When asked

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  10. Mitsotakis prepares to unveil economic plans, leave imprint ahead of elections
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Mitsotakis has claimed that he will try to negotiate lower primary surplus targets with Greece’s lenders... agreeing on this ratio with the lenders. Interior Minister Alexis Haritsis also said on Thursday

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