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  1. Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln

    EconomyMacroeconomy

    Greek bank credit contraction slowed to 2 percent in December from 2.2 percent in November, Bank....[Link to chart - Loans, Total, Balance, Year on Year] The segmental breakdown showed corporate lending... euros with deductions increasing to 47 million in December to a total of 167 million for the whole year

    5%

  2. Gov't unveils bill to overhaul pension system, increase income tax revenues

    EconomyProgramme

    monthly earnings of each employee for the total number of working years after applying progressive... from the beginning of June 2016 until the end of May 2019. A lower rise by a total of 0.5 points... from 2.2 percent for income between 12-20,000 euros up to 10 percent for incomes above 220,000 euros

    5%

  3. Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
    Photo by MacroPolis

    Economy

    to generate total proceeds of 5.8 billion euros by 2018, of which 2.5 billion are expected to be collected in 2016, 2.2 billion in 2017 and 1.1 billion in 2018. The MoU signed in August envisaged privatisation... will be transferred to the Italian grid operator Snam. Of the total 66 percent stake in DESFA that is directly

    5%

  4. HRADF's updated plan for 19 privatisation projects published
    Photo via Flickr https://flic.kr/p/9SDyrr

    Economy

    for development and management of the total area of 6 million square meters for 99 years. The cash.... The process for the sale of a 67 percent stake (of the total 74 percent owned by HRADF) in Thessaloniki Port... are expected in 2016, 2.2 billion in 2017 and 1.1 billion in 2018.

    5%

  5. ELSTAT publishes data on bankruptcies since 2004, showing deterioration during crisis

    Economy

    up 5 percent of total bankrupt firms. ELSTAT figures also showed that for an average annual number of 130 claim verifications in the 2004-2014 period, the total level of indebtedness stood at 470... in 2010-2014, 2.2 times higher than the respective figure in 2004-2009. Moreover, the average

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  6. Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
    Photo by MacroPolis

    EconomyMacroeconomy

    of the ENFIA instalment. In particular, income tax improved 2.2 percent to 7.51 billion euros, 126... and the Ionian), beating the monthly targets by 50-170 percent that led to an outperformance of the total..., total expenditure fell by 2.7 percent to 3.69 billion euros in August. It edged up 1.7 percent

    5%

  7. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    have been downward adjusted by 2.2 percent to 48.16 billion euros in 2016, largely reflecting... was granted in July and August, while arrears of 1.44 billion in total (including tax refunds... pensions (265 million) 3) Granting social allowances for a total amount of 871 million in 2017, which

    5%

  8. Tormenting Greece with a distorted picture
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    for the last six months and economic sentiment fell by 2.2 percent in February. Greece will never... that it was reclassifying 6.3 billion euros of deposits from private to general government, meaning the total could no longer be directly compared with previous ones. If these 6.3 billion euros are added to January’s total

    5%

  9. Greek households spend greatest share of income on accommodation in EU
    Photo by Harry van Versendaal

    Society

    , this was double the rate for the total population. Similarly, 52.1 percent of young people were living...”. It also highlights that in the 2011 Eurostat census, “Greece had more than 2.2 million unoccupied conventional dwellings (secondary residences and vacant housing), i.e. 35.3 percent of the total number

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  10. Newsletter 118 - 12/05/2017

    Newsletters

    goods and services (-2.2 percent). The comparison with the previous month revealed the CPI edged up... of 8.6 percent in manufacturing production, which retains the lion’s share of the total index... and quarrying production, which accounts for just a fraction of the total index, soared 34.3 percent

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