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Newsletter 221 -27/09/2019
that the collapse of the company was “extremely unfortunate and one with many aspects,” adding
4% -
IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
EconomyProgrammeincome tax and has one of the largest VAT compliance gaps. Regarding spending allocation, pensions
4% -
Loans under credit servicing firms drop 0.7 pct QoQ to 17.45 bln
EconomyBankingproprietors (12 percent) and less than one percent for insurance corporations. A breakdown revealed
4% -
Household expenditure edges up again in 2018, still well below pre-crisis level
Societypatterns of expenditure by household type. Households with one person aged 65 and over spent 44.2
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ND unveils steps to address migration issue amid political pressure
PoliticsGreek Politicson New Democracy to act came after a fire at the Moria camp on Sunday led to one death and several
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Hotel owners sound warning over Thomas Cook revenue losses
EconomyFeaturesthat the tourism industry acted as one of the central pillars of the Greek economy when direct
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Overall loan interest rate edges up to 4.68 pct in August
EconomyMacroeconomypercent. The average interest rate on deposits from households with an agreed maturity of up to one year
4% -
Athens looks to overcome APS snags as it awaits green light from Brussels
EconomyBanking’ balance sheets is seen as one of the major challenges for the Greek government and its hopes
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Court verdict on 2016 pension reform seen having fiscal impact
Economyhighlighted the numerous appeals for backpay, of which the one by pensioners is the most significant
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economypercent, and the lower social security contributions of full-time employees by approximately one
4%