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Greece changes banks' DTA conversion law to secure ECB/EBA approval
EconomyΤhe Finance Ministry (MoF) tabled on Wednesday night an amendment to the legal framework which allows the conversion of the deferred tax asset (DTA) to a tax credit (DTC), following a relevant... reportedly approved. a) Τhe new legislation is optional for the banks and requires approval from
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Greek industrial turnover posts rise of 1.8 pct in September after earlier drop
EconomyMacroeconomyΤhe Turnover Index in Industry rose by 1.8 percent in September following an upward revised 4.1 percent drop in August, according to the Hellenic Statistical Authority (ELSTAT). Note that historical... (down 16.4 percent). Τhe Markit’s Manufacturing PMI slightly improved by 0.4 points to 48.8 in October
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Stronger rise of 4.1 pct for Greek industrial turnover in October
EconomyMacroeconomyΤhe Turnover Index in Industry increased for the second straight month in October at an accelerating pace of 4.1 percent from an upward revised 2.4 percent drop in September, according...) and wood and cork (down 17.6 percent) following suit. Τhe Markit’s Manufacturing PMI slightly improved
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Is a lack of spending hampering Greece's firefighting capabilities?
Societyservices was exempted from MoU-mandated staff cuts in the wider public service, while local authorities..., the Greek Fire Service soon found funds forthcoming. Answering an appeal by opposition leader Kyriakos... of the late shipowner, announced a 25-million-euro grant to the Fire Service to buy new equipment
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Newsletter 294 - 23/04/2021
to cushion the blow by announcing that the food service sector, as well as all schools, would re-open in May... will be allowed from May 15, in line with the official start of the tourist season. Opposition SYRIZA was critical... officials, Mitsotakis announced the extension of some tax relief measures as well as some permanent
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomy37 percent) and information service (down 13.6 percent), all showing a material acceleration from... and support (down 65.8 percent) posted the highest QoQ drop, followed by information service activities... in office administrative and support (down 74.9 percent), information service activities (down 45.8
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Newsletter 215 -19/07/2019
entirely from non-political backgrounds and many are being given jobs in the civil service for the first... and no new bailout is needed. The European official also pointed out that some of the interventions... and the International Monetary Fund on Thursday. The meetings with the officials from the three European creditors
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Newsletter 69 - 08/04/2016
Service is receiving. In the wake of the first returns on Monday, when 200 migrants, who hadn’t... remain at the port, according to official. The refugees have shown a reluctance to leave because..., German officials noted later that Germany is sticking to the initial privatization revenue goal
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Government tries to contain fallout from breach of voters' data
PoliticsGreek Politicsby the ruling party and that another New Democracy official, Theodoropoulos, was involved in the process... just begun his brief military service, has regained second place at the expense of its centre-left... are pressing government officials to provide clearer answers about how the MEP got hold of the personal data
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Turnover in services remains broadly positive in Q4 2019
EconomyMacroeconomythe services index increased by 8.4 points month-on-month to 33.6 points. Year-on-year, the service... (+42.6 percent) and information service activities (+35.5 percent). It should be noted... percent), employment activities (+121 percent) and information service activities (+38 percent
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