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Newsletter 257 -07/07/2020
that the pandemic will have on the global job market. It showed that under the single hit scenario... of unemployment under the single hit scenario is projected to rise by 2.1 percentage points (pps) in 2020... growth for Greece is expected to shrink by 8 percent this year under a single hit scenario before
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Parties balanced finely as build-up to next elections gathers pace
PoliticsGreek Politicselections, it is estimated that at least 44 pct of the vote would be needed for either a single party... impossible for a single party to win a parliamentary majority. Also, as things stand the only viable... in the House. Based on the current polling data, this opens up the possibility of a single-party New Democracy
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Greece and the euro: The flight of Icarus
Agoraproblems of the Greek economy: inflation. The whole philosophy of the single currency was based around... goal of euro membership. But after clinching a place in the single currency, PASOK’s reformist drive... were so undercapitalized and so overexposed to the single currency’s weaker economies. It has also
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Electricity drives rare rise in Greek industrial production index
EconomyMacroeconomyreadings showed a mid-single digit drop. It is worth noting that the IPI has only had five positive year... and water supply, exhibited a low single-digit decline (0.5 – 2.8 percent). In contrast to December... single-digit figure, 2 and 2.8 percent respectively in 2013. Among the various business sectors
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Newsletter 15 - 13/02/2015
their VAT and single property tax (ENFIA) obligations for February as normal, but to do so.... The new coalition government has stressed that the single property tax will be abolished in 2015... into a single party, under his central command. This culminated in a party congress in the summer
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Greek trade deficit plunges by 24.2 pct in May
EconomyMacroeconomystable (-0.04 percent). The marginal change in exports follows a rise by a mid- to high single digit... a single-digit increase in the preceding two months with the absolute figure in May reaching 3.58... of the 5-month trade deficit components showed mixed trends. Exports to the EU rose by a low single
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These are the bailout deliverables expected from Greece in September
EconomyProgrammethe comprehensive and consistent application of the TPC and ensuring appropriate single-violation penalties... will be treated as a single but serious procedural violation for VAT. 3) Sign the ministerial... to indirect bank account registry and to tax administration data and create a single Social Security
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Newsletter 48 - 23/10/2015
throughout the week. Since the European Central Bank’s Single Supervisory Mechanism (SSM) is expected... capital needs of 15–17 billion, of which private investors would have to cover a high, single-digit figure... to cover a high, single-digit figure. On October 15, Piraeus was the first Greek bank to announce a bond
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammewith one child and even lower to 8,636 euros for a single or taxpayer with no children. Overall, the new..., the most significant single measure relates to an increase in the basic VAT rate from 23 to 24... of a new tax on coffee and electronic cigarettes. In addition, the base of the single property tax (ENFIA
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The story behind Attica Bank, the non-systemic lender thrust into the spotlight
EconomyBankingof shares. Both pension funds are the only single shareholders that control a stake that exceeds... framework set by the Single Supervisory Mechanism of the ECB. The Extraordinary General Meeting (EGM... not in line with the Single Supervisory Mechanism principles. New nominations for the vacant positions
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