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Despite disposable income rise in Q4, saving rate negative for five quarters in a row
EconomyMacroeconomypercent with the absolute figure for Q4 standing at 43.9 billion euros. The household saving rate... formation amounted to 5.12 billion euros in Q4, while the gross investment rate of the sector (defined
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Parties' competing tax pledges come up against challenging reality
EconomyFeatureshas declined at an even higher rate. Around 82 percent of all income declared in 2017 came from... of national elections which are now scheduled for July 7. Lowering the tax-free threshold in 2020 has... distribution has also shifted, with low-to-middle income earners (up to 20,000 euros) shouldering
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Newsletter 18 - 06/03/2015
billion to the IMF in four tranches, on March 6, 13, 16 and 20. In addition Greece has to pay 1.08 billion.... On the cash revenue front, Greece has recently received 641 million from the Bank of Greece’s 2014... from the party line on a number of key issues. Varoufakis, who is not a party member, has withdrawn
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Domestic pressure over refugee crisis building for Tsipras
PoliticsForeign Policyis holding with Western Balkan countries in Vienna on Wednesday was a serious blow and has raised... Pavlopoulos on Wednesday. Although critical of the coalition on other issues, Mitsotakis has been broadly... may become a holding pen for refugees and migrants. However, the increasing isolation of Greece over
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Coalition not ditching referendum idea from policy options but details muddled
PoliticsGreek PoliticsAs much as it tries, the Greek government cannot escape the issue of if it will consider holding... holding a referendum on whatever is agreed by June “would not be a bad idea” as it would ensure... end,” he said. “The issue of the referendum has only been raised in the case of an impasse, which
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Newsletter 85 - 05/08/2016
Authority (ELSTAT) on Thursday showed the seasonally adjusted jobless rate remained stable at 23.5... that the non-seasonally adjusted unemployment rate edged down to 23.3 percent in May from 23.6 percent... The August lull may be in full swing but Greek politics has still been ebbing and flowing this week
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economyrevenue targets included revenues of 884 million euros from the first two instalments of the new
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of 2.18 billion euros was 1.5 billion lower than
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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
EconomyBankingIncome (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million
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Newsletter 74 - 20/05/2016
the indirect tax measures will stem from a rise in the basic VAT rate from 23 to 24 percent.... In addition, the new privatisation fund, whose title has been officially translated as the Hellenic Company... the plenary discussion will take place over the The new law will see the basic VAT rate rise to 24 percent
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