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  1. Mitsotakis responds to coalition's counter-measure challenge with own proposal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    made by the conservative chief at the Thessaloniki International Fair last year. His suggestion... percent of GDP in suggested measures are implemented this year, they will burden the 2017 budget. It added... of last year, prompting criticism from the government. Mitsotakis also called for the initial rate

    1%

  2. Rise in new overdue taxes slows to 658 mln in March, stock edges up to 94.3 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    stood at 3.28 billion euros, down by almost 10 percent from last year’s figure of 3.64 billion. Of this year’s amount, 2.28 billion (around 70 percent of total) relate to tax categories, with 36.2... month there are another 759 million of unpaid taxes each month of this year. Meanwhile, the number

    1%

  3. Stocks up by 4.7 pct, rising for third straight week
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of the year. The banking index rose to its highest level since June 6, 2016 on Thursday but investors... this week, extending their cumulative gains to 37.3 percent in the last three weeks and to 24.9 percent year... by 0.7 percent. Titan posted a loss of 3.9 million in Q1 from 18.6 million last year. Turnover

    1%

  4. Deposit flow turns negative again in April with outflows of 139 mln
    Photo by Panayotis/Tzamaros

    EconomyMacroeconomy

    . This was the third negative reading in the first four months of the year. The breakdown showed sight... of 482 million. April was the first month with a positive flow from savings so far this year. The overall... the deposit evolution in April, the year to date deposit flow remained negative with outflows of 2.15

    1%

  5. Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million outpacing household lending deductions of 115 million. Since the beginning of the year... in March. The balance fell further to 86.24 billion. Since the beginning of the year, net deductions... loan sector stood at 128 million in April, extending the year-to-date figure to 653 million

    1%

  6. Turnover in services sector improves slightly in Q1 2017
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    of the 14 services activities posted a drop in Q1 year-on-year, with the largest fall coming from... a rebound for the fourth successive month by 2.6 points, standing at 11.5 and bringing year-to-date gains

    1%

  7. Unemployment rate edges down to 23.3 pct in Q1
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    period last year, the jobless rate has declined by 1.6 percentage points (pp) from the Q1 2016 figure... increase in employment from the corresponding period last year was recorded in manufacturing with 10,900... available. The number of ‘long-term’ unemployed (over 1 year) fell to 779,200 after rising

    1%

  8. Travel receipts rise by 11.3 pct in April on back of higher arrivals
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    year. The average expenditure per trip fell slightly by 0.4 percent to 452.2 euros. During the month... for the year stand at 2.6 million. The breakdown of travel revenues revealed that receipts from France... five months of the year up by 10.1 percent to 3.8 million. SETE estimates that foreign arrivals

    1%

  9. NBG sale of its 75 pct stake in Ethniki Insurance improves capital ratio by more than 100 bps
    Photo by MacroPolis

    EconomyBanking

    , which will remain its exclusive bancassurance provider under a new ten-year partnership agreement... at 58 million last year. The deal and partnership demonstrate EXIN’s commitment to developing... million. The transaction was initially announced at the end of last year and corresponds to a P/BV

    1%

  10. PASOK launches attempt to form alliance that would rival SYRIZA
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    later this year. She suggested that a vote should be held in October to elect the alliance’s first..., Gennimata satisfies one of the demands made by To Potami last year, when an attempt to unite... the ball in the court of Potami leader Stavros Theodorakis after he pulled out of last year’s

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