Search
-
Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4
EconomyMacroeconomybe attributed to increased ENFIA revenues since a number of taxpayers preferred to pay their tax obligation... will pay (to the bank) their obligation in 9-12 monthly instalments. Moreover, taxpayers with low ENFIA charges may have also preferred to pay the whole amount upfront and not in instalments. It should
3% -
Tsipras reaches settlement with church, aiming to subdue critics
PoliticsGreek Politicsto pay the wages of priests as a form of compensation for the property deal the two sides accept... will cease to pay their wages the state agrees to pay directly to the church the amount it currently... would find itself having to pay a huge compensation bill after losing a legal battle with the church
3% -
The Parable of the Populists and the Contemplatives
Agoraof new debt that they have taken on board to pay for this machine. The net worth, or wealth... to depleting the resources of the country, debts are being accumulated to pay for additional (over-)spending... had to pay adequately. The toxins have been leaking into the drinking water and evaporating
3% -
Opposition lines up attack on government over wildfires with visits to affected areas
PoliticsGreek Politicson the fires. Hazard pay controversy The latest fires have also reignited the debate over pay... to an amendment passed in July, awarding hazard pay to parliamentary staff. Seasonal firefighters described... that they would have to wait their turn for danger pay behind those faced with working in air conditioned
3% -
Greek credit contracts by 4 pct in Jan, NPLs rise to 31.2 pct in Sept
EconomyMacroeconomyThe year on year (yoy) credit contraction in the Greek market marginally accelerated for the second straight month to 4 percent in January from 3.9 percent in December, with balances reaching 217.61 billion euros, according to the Bank of Greece (BoG). ...
3% -
Industrial production up 1.1 pct in Jan, first consecutive rise since Aug 2007
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) showed an increase of 1.1 percent for the second straight month in January, following a 0.5 percent rise in December, according to the Hellenic Statistical Authority (ELSTAT). It is noted that the IPI had retr...
3% -
Drop in Greek industry's turnover index slowed to 4.1 pct in Jan
EconomyThe drop in Turnover Index in Industry decelerated to 4.1 percent in January from a double-digit decline in the preceding three months, according to the Hellenic Statistical Authority (ELSTAT). The headline figure continued heading south for the fifth s...
3% -
Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 11.3 billion euros in May, the highest monthly drop since January 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure landed at 50.66 billion at the end of May, which is ...
3% -
General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus amounted to 1.22 billion euros in the 5-month period from a deficit of 1.62 billion in the corresponding period last year, according to the gg bulletin released by the Ministry of Finance (MoF). Exc...
3% -
Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010
EconomyMacroeconomyGreek banks’ Eurosystem funding dropped by another 5.71 billion euros in June, after falling by 11.3 billion in May, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure settled at 44.95 billion euros in June, the low...
3%