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Greek stocks advance 2.6 pct for second straight week on improved investor sentiment
Economylast year with sales down 6.4 percent to 1.2 billion, while EBITDA decreased at a slower rate of 3.5
3% -
Greece expects review to be completed by May 1 despite IMF objections
EconomyProgrammeare currently taxed with a rate of 26 percent for income up to 50,000 euros. On the pension front
3% -
EU and IMF bailout drafts confirm conditionality as well as differences on primary surplus
EconomyProgrammeto be a concession by the Greek government to increase the VAT rate for utilities from 13 to 23 percent
3% -
Building activity down 18.8 pct in January, permits hit new low
EconomyMacroeconomythat only two regions posted a growth rate in January, namely Central Macedonia (+11.6 percent) and North
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Pension and income tax reform bill sets out 4.4 bln in new measures
EconomyProgrammein the personal income tax and solidarity levy scales. In addition, the increase in the tax rate on gross
3% -
EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
Economystandard rate (0.25 percent) as well as from adjustments in the public sector wage bill, motor
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Trade deficit shrinks by sizable 23.7 pct in March
EconomyMacroeconomywith the rate of drop in March was the highest since last October. In absolute terms, imports and exports
3% -
Majority of Greeks believe refugees cannot ‘integrate’
Societynot believe refugees could integrate, compared to 27 percent who felt they could. The rate of those who felt
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Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
EconomyMacroeconomyfrom a drop of 0.8 percent posted in Q4 2015. The rate of decline in Q1 is the second highest
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Industrial turnover drops 12.7 pct in March, energy plummets 27 pct
EconomyMacroeconomy. In addition, the turnover for both the eurozone and non-eurozone countries declined at double-digit rate
3%