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  1. Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP

    EconomyProgramme

    previous level of 9,545 euros. The Finance Minister Euclid Tsakalotos had stressed upon the tabling... and small businesses to 29 percent. The previous tax rate was 26 percent for income up to 50,000 euros

    3%
  2. With review completion in sight, which way next for Greece?
    Photo by Harry van Versendaal

    Agora

    cause the loss of any momentum gained in the previous months. A more significant challenge may... of GDP) than the one that might be called for in 2017. This could then trigger the previous scenario

    3%
  3. Newsletter 74 - 20/05/2016

    Newsletters

    on the active management of Greek banks’ NPLs after the failure of a previous agreement of KKR... down to just 42 million in Q1, from 235 million in the previous quarter. The bank expects the end

    3%
  4. Central government debt edges down to 321 bln in Q1

    Economy

    from the previous quarter. The weighted average maturity of new borrowing in Q1 stood at 0.41 years... of December. The previous record low had been recorded last June when those deposits bottomed 77.3 million

    3%
  5. Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln

    EconomyMacroeconomy

    south landing at 93.1 billion in April with deductions almost halving from the previous month to 189... in April from more than 200 million in each of the previous three months of the year. Overall

    3%
  6. Marginal net losses of 2 mln for Alpha in Q1
    Photo by MacroPolis

    EconomyBanking

    that burdened the previous quarter. The bank had booked the cost of a voluntary retirement scheme... million in the previous quarter mostly due to targeted actions on troubled business loans already

    3%
  7. Greek stocks down 4.6 pct during week after Friday’s sell-off

    Economy

    to 96 million euros, its highest level within June. However, due to subdued volumes in the previous sessions, the average daily turnover fell to 66 million this week from 87 million in the previous week

    3%
  8. Tsipras unveils growth plan but little in way of new ideas
    Photo by MacroPolis

    PoliticsGreek Politics

    by previous governments. He claimed that the current administration would focus on making growth sustainable... subsidies seems very similar to the formula followed by previous governments. The talk of grand schemes

    3%
  9. Coalition wants next review to be swift despite labour reform complications
    Photo by MacroPolis

    PoliticsGreek Politics

    completing the previous review but domestically the next inspection and some of the contentious issues... will be prepared to allow any rollback of previous reforms, it is not clear at the moment how hard a bargain

    3%
  10. Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
    Photo via Flickr https://flic.kr/p/9SDyrr

    Economy

    their initial interest in TRAINOSE in the previous phase that was concluded on April 15. The interested... to previous years’ cumulative losses of 870.66 million, while its short term liabilities reached

    3%