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  1. Backpay for civil servants gets "positive" measures rolling for government
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    of the corporate tax rate. The latter is due to come down from 29 to 28 percent next year and then by 1

    2%

  2. EC autumn forecast lowers growth for 2019 on pending budget finalisation
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    consumption growth is expected to slow down next year, before picking up pace again in 2020

    2%

  3. Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets

    EconomyBanking

    Having weathered a tumultuous October, Greece’s domestic banking system and relevant stakeholders that include Bank of Greece and HFSF are looking into ways that will help banks reduce the risk on their books and bring down their non-performing exposures (NPEs). The most recent is a plan

    2%

  4. Newsletter 183 -16/11/2018

    Newsletters

    the risk on their books and bring down their non-performing exposures (NPEs). The most recent

    2%

  5. Athens prepares final 2019 budget after green light to ditch pension cuts
    Photo by MacroPolis

    EconomyProgramme

    budget, 150 million euros is allocated for housing benefit, which was down from the 400 million euros

    2%

  6. Industrial turnover positive for nine months with increase of 14.3 pct in September
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    -durables edged down by a slight 0.7 percent. Within the mining and quarrying sector, the mining

    2%

  7. BoG provides details of ambitious plans to slash NPLs via SPV
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    of provisions over loans will be brought down to 41 percent from 49 percent. All four systemic

    2%

  8. Credit contraction deepens 1.4 pct in October, balance at 174.90 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a contraction for the last six years, with the loan balance down by over 32 percent on the back

    2%

  9. Tsipras points to tax cuts as example of bailout exit benefits
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in September. The rate is due to fall from 29 percent to 28 percent next year, and then gradually come down

    2%

  10. NBG net profits decline to 8 mln in Q3, NPLs continue to fall
    Photo by MacroPolis

    EconomyBanking

    by the end of 2021. The group NPE ratio edged down to 42 percent from 42.1 percent in Q2, while the NPE

    2%