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  1. DTA may spell new trouble for Greek banks
    Photo by MacroPolis

    Agora

    state. Each year this reserve will be reduced by the equivalent amount of annual corporate tax... capital) times year’s loss. As an example, if a bank reports a pre-tax loss of 1 billion euros and has

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  2. Lack of liquidity, political cost push Greek gov't to seek swift deal with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    , such as the fiscal targets Greece has to meet (1.2 to 1.5 percent of GDP primary surplus this year and next... tax (ENFIA) last year as his government’s biggest PR mistake and the one policy decision

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  3. Newsletter 24 - 24/04/2015

    Newsletters

    million euros compared to a year earlier. Exports fell by 7.9 percent in February, while imports... Minister Yannis Dragasakis proposed a three-year cooperation framework agreement to the Chinese

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  4. Greek pensions: The thorniest issue in talks between Athens and lenders

    EconomyProgramme

    to 80 percent cuts in supplementary pensions this year. The fiscal impact of the non-implementation... of the year the 13th monthly pension for all those earning less than 700 euros per month. This would

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  5. Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
    Photo by MacroPolis

    EconomyMacroeconomy

    ) figures, which strip out the fluctuation of monthly events. SA retail turnover fell 3.1 percent year on year (YoY) and 0.6 percent MoM, while the respective volume also retreated by 1.4 percent YoY and 1.3

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  6. Greece eyes temporary solution to liquidity problem from Brussels Group talks
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    PoliticsGreek Politics

    surplus targets for this year. The government believes that Greece could achieve growth of up to 1.4 percent of GDP this year but this is viewed with great scepticism from the other side, which thinks

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  7. Court ruling on pension cuts could create new problem in talks, fiscal plans
    Photo by MacroPolis

    EconomyProgramme

    As the government struggles to find common ground with lenders over this year’s fiscal targets, a legal issue concerning pension cuts threatens to derail spending plans. Deputy Parliamentary Speaker... and 200 euros respectively. The Council of State also ruled unconstitutional last year the 2012 cuts

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  8. Unemployment rate eases to 25.4 pct in Feb, as number of unemployed falls
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . The year on year (YoY) change displayed an accelerated growth in the number of employed to 1.6

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  9. Greek CPI down by 2.1 pct in April

    EconomyMacroeconomy

    by 1.3 percent in 2014. Last year’s movement is mainly attributed to weak demand coupled... released earlier this week, the European Commission estimates 2015 will be another deflationary year

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  10. Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013

    EconomyMacroeconomy

    ) and Attica (-6.6 percent). Note though that in most cases the year on year movement to a large extent

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