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Collateral damage in Europe?
Agorain the future? Over the course of the past decade China has become a formidable investor... and infrastructure initiatives into the political economies of Europe has established linkages and dependencies... for their own strategic benefit in the emerging trade conflict. As the European economy has started
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Lenders still aiming for completion of fourth review in May
EconomyProgrammeinsists that much of the preparatory work has been done, while the eurozone official pointed out... the institutions an opportunity to brief eurozone finance ministers on what progress has been made... in July. Debt mechanism One of the main issues that has to be resolved by the time a global deal
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Coalition suffers space agency misfire
PoliticsGreek Politicsand particularly Digital Policy Minister Nikos Pappas, who is responsible for the agency. Pappas has.... Pappas insisted that not a single euro of taxpayers’ money has been spent on the space agency yet, dismissing any notion that its formation is motivated by corruption. The government, though, has
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Which way to the exit?
Agorainto the domestic political bear pit. Alexis Tsipras has every reason to be concerned about ensuring his..., with the figure in 2020 and 2021 as low as 3 billion euros. It worth noting that Greece has committed... nearly a decade that has been so emotionally charged it is not easy to switch to a pragmatic
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Economic sentiment rises to 103.6 in Apr, consumer confidence rises by 4 pts
EconomyMacroeconomysince February. Compared to April 2017, the ESI has risen by 8.4 points. Consumer confidence increased by 4 points to -48.8 in April compared to -52.8 in March. Year-on-year, consumer confidence has...-on-month to -1.2, staying negative for a second month. In the year so far, industry confidence has
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Disposable income grows by 0.4 pct in Q4, final consumption shrinks by 0.6 pct
EconomyMacroeconomyin taxes on income and wealth, along with social contributions. Since 2010, disposable income has... at 15.91 billion. Employee compensation has fallen by 24.7 percent over the last seven years due... to 1.07 billion. Since 2010, property income has plummeted by 60.6 percent. Household final
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Credit contraction at 1 pct in March, balance at 180.34 bln
EconomyMacroeconomysector lending balance has turned positive for the first time this year. During March, the corporate... came to 21.24 billion. The latest reading means that the balance has remained under the 23-billion-euro mark for a fifth consecutive month. The Greek market has been experiencing a contraction
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Tsakalotos eyes conclusion of review and debt talks, will not dispute pension cuts
EconomyProgrammethere was a straight swap with the lowering of the tax-free threshold due in 2020, has always seemed... be nothing like what Greece has experienced since the first programme was agreed in 2010... the spirit of the Eurogroup decision because we feel that a secure signal has to be sent
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New overdue taxes up by 776 mln in March, total stock at 101.44 bln
EconomyMacroeconomyfigure came to 3.9 million. The latest figure for March means that the total number of tax debtors has... for the previous month. The IAPR has set a goal for the overall tax collectability rate to reach 84 percent... this year. Greece’s tax system has come under scrutiny in two recent reports. A report
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Tourism accounts for 27.3 pct of Greek GDP in total, study shows
EconomyFeaturesA study by the Greek Tourism Confederation (INSETE) has indicated that tourism was worth over one... has on the economy, in that for every 1 euro in tourism revenue, the country’s GDP grows by 2.65 euros, the study states. Tourism in Greece has the eighth highest level of interconnectivity out of 64
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