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  1. Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that lower primary surpluses entail small drop in the debt ratio and higher GFN. However, he stressed

    4%

  2. Turnover in tourism sector sees second successive rise in Q4 with 4.3 pct increase
    Photo by MacroPolis

    EconomyMacroeconomy

    percent and reach 26 million in 2017. Taking also into account that cruise ships’ arrivals may drop 20

    4%

  3. Stocks dip by 0.2 pct, lack of trading activity continues
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    in the previous week. The negative performance fully reflects a sharp drop of 3.6 percent on Monday, which

    4%

  4. Building activity rebounds 2.1 pct in Dec, falls 5.5 pct in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    figures recorded a shaper drop of 12.8 and 28.9 percent respectively in 2016. Building activity has

    4%

  5. With tax-free threshold set for change, income declarations underline need for rethink
    Photo by Lazaros Koutsoukos/Fosphotos

    EconomyProgramme

    percent), but this would require the tax-free threshold to drop to around 5,000 euros to yield the same

    4%

  6. New overdue taxes rise by 1.6 bln in Jan, total stock at 93.4 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of tax debtors rose by 26,623 in January, after a short-lived drop by around 165,800 in December

    4%

  7. Primary cash surplus almost halves to 1.1 bln in 2-month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion and a higher drop of 4.8 percent to 7.74 billion in expenditure, while the PIB balance was broadly

    4%

  8. Current account deficit narrows to 271 mln in Jan
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in January, on the back of a drop in foreign arrivals by 6.9 percent. Moreover, the increase

    4%

  9. No return of institutions to Athens yet as differences persist
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    drop in the corresponding tax credit to 1,300 euros from 1,900 euros currently. On the energy front

    4%

  10. Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
    Photo by MacroPolis

    EconomyBanking

    . For 2017, management foresees a further drop in operating expenses by around 5 percent, also including

    4%