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Polls provide little comfort for opposition parties ahead of EP elections
PoliticsGreek Politicspublished ahead of the June 9 elections as they have started to consistently show that New Democracy... that they will not vote on June 9. However, a breakdown of the numbers shows that interest in next month’s ballot... the party on June 9 did not vote in the last elections because they were too young. This creates some
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Mitsotakis has ground to cover after election disappointment as progressives ponder future
PoliticsGreek Politicsthat the government has convincing responses to the concerns raised by the June 9 vote in which... not participate in the June 9 election, where the turnout was just above 40 pct, refused to take party... that Mitsotakis should call snap elections as a result of the June 9 result. Only 9 pct of ND voters believe
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Finance Ministry targets 3 bln from unpaid taxes
EconomyMacroeconomyat just 9 billion euros, corresponding to 11.6 percent of total outstanding tax debt. Note that SYRIZA... noted that today’s figure of 9 billion is based on actual data, while earlier forecasts were based on SYRIZA’s estimates. The effective unpaid tax debt of 9 billion mainly involves obligations
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Cyprus talks resume, putting spotlight on Greece and Turkey amid tension
PoliticsForeign Policyin negotiations after the recent setback, to hold a new meeting in Geneva from January 9, which... Cypriot side agreed to enter talks in Geneva on January 9 without a specific topic (the Mont... to a series of crucial elections. The scheduling of the Cyprus talks for January 9 to 12, suggests
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Greek banks conclude series of corporate actions as part of restructuring
EconomyBankingit had issued on December 9, 2015, which were held by the Hellenic Financial Stability Fund (HFSF... Supervisory Mechanism (SSM). It is worth noting that NBG paid on December 9 to the HFSF 165 million euros... to the accrued income of CoCos for the December 9–14 period. On December 30, NBG announced it entered
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Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
EconomyMacroeconomypenalties of the Code of Books and Records (31.58 billion), loans (9 billion) and judicial expenses (1.42... income tax stood at 68.6 percent, late payments at 9 percent, while 22.4 percent was not paid. The respective rates for ENFIA stood at 74.1 percent for punctual payments, at 9 percent for late payments
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Survey shows 42 pct of Greek expats unlikely to return
Societyyears or more, 9 percent in two years and another 9 percent in one year. Some 55 percent of the respondents had a postgraduate degree and 9 percent also held a PhD. Another 10 percent had a degree from
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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingis expected to drop to around 170 bps over the course of 2018. IFRS 9 As part of the new IFRS 9 implementation Greek banks are expected to increase provisions by roughly 6 billion euros. NBG noted that IFRS 9
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingin Q1 2018, driven by the continued deleveraging and the IFRS 9 adoption at the start of January.... Since Q1 2017, overall Eurosystem funding has declined by around 9 billion euros. The decline... for the implementation of IFRS 9. Alpha Bank’s CEO Demetrios P. Mantzounis said that the results for the first quarter
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