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Government hopes offer of tax breaks and grants will spark growth boost
EconomyMacroeconomyof investments, the law foresees a stable tax rate for 12 years or a tax exemption up to 10 percent... for up to seven years of the leasing cost of new equipment, subsidy of the new job positions’ payroll
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Coalition and New Democracy at odds over anti-government protests
PoliticsGreek Politicscommentators have pointed out, it is possible that Fylis’s approach may end up serving...) earlier this year, with something tangible to back up its claim that the public mood has turned so
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agoraa total amount of deferred tax asset (DTA) of 19.48 billion euros, making up 69 percent of TE. Alpha has... and market cap of 1.86 billion stands at the low end, while is trading at 0.35x its TE. Summing up
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomyGreece’s budget primary surplus stood at 2.27 billion euros in the 5-month period of 2016 up by more than 50 percent from last year’s figure of 1.51 billion, the Finance Ministry (MoF) preliminary.... As a result, net revenues edged up by 1.2 percent to 17.25 billion in the 5-month period, outperforming target
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Primary cash surplus widens to 2.66 bln in first five months of 2016
EconomyMacroeconomy, only trimming the year to date figure which still shows a surplus of 855 million, up 41.1 percent... primary surplus stood at 2.27 billion in the 5-month period, with net revenues up by a modest 1.2
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Lenders' report reveals long-term savings from pension reform, which also offset court ruling
EconomyProgrammea fiscal impact of 0.5 percent until 2018. This is seen edging up to 0.6 percent from 2019 onwards..., those measures are estimated to yield savings of 1.4 percent of GDP in 2019, 1.6 percent in 2020 up
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Greek economy braced for impact from Brexit, hopes effect will be limited
Economyup 9.2 percent of total foreign arrivals in Greece, according to the BoG. However, travel receipts... 697 million pounds related to Greek exports to the UK. Pharmaceutical products made up 13.6 percent
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Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln
EconomyMacroeconomyGreek bank credit contraction edged up to 2 percent in May, after slowing to 1.9 percent in April, Bank of Greece (BoG) figures displayed on Monday. Net deductions increased to 357 million euros.... According to BoG, the NPE ratio rose to 44.2 percent at the end of last December, while edged up
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From Berlin to Brexit
Agorapopulists and nationalists to step in, holding the EU up as a convenient target for this festering... for each other's cultures and history, while not forcing anyone to give up their way of life. Perhaps
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Opposition tries to pin government down over last year's Plan X
PoliticsGreek Politicsclarified on the website of the DiEM25 movement set up by Varoufakis. New Democracy chief Kyriakos... as a maverick who ended up pursuing his own agenda. Also, there are doubts as to what extent the Greek
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