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What this week's VAT changes mean for household budgets and public coffers
EconomyProgrammeand theatre. The previous super-reduced rate of 6.5 percent was also applied on hotels, which were
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More than a fifth of Greeks materially deprived, survey finds
Societypercent on the previous year. The latest figure represents a 10.5 percentage point increase on 2008
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Tsipras gears up for internal battle, sets priorities for summer
PoliticsGreek Politicsgovernment has to tackle problems previous administrations neglected. As a result, it should be expected
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Travel receipts up 17 pct in May as average expenditure per trip rebounds
EconomyMacroeconomyarrivals to 1.87 million. At the same time, unlike the previous months, the average non-resident
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June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
EconomyMacroeconomywhich reached 86.77 billion at the end of June from 77.58 billion in the previous month. Following
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomyGreek households’ new time deposit rate remained at 1.81 percent in June unchanged from the previous month, according to the Bank of Greece (BoG). This means that despite the extended deposit outflows of around 43 billion since December, the rate on new time deposits was kept stable over
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Manufacturing PMI falls to record low in July, new business sees biggest drop
EconomyMacroeconomyof new business in July surpassed the previous record posted in February 2012. This largely reflected
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Refugee crisis poses multiple political challenges for Tsipras
PoliticsForeign Policylast year. “In July alone, 50,000 new arrivals have been reported, 20,000 more than the previous
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Economic situation biggest worry for Greeks, latest Eurobarometer shows
Societywas good, a fraction of the EU average of 38 percent but a one-point increase on the previous
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammefrom its recent level of 23 percent to the previous status of 13 percent has been reportedly agreed
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