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Athens grapples with awkward reduction of tax-free threshold
EconomyProgramme. As a result, the tax credit was cut by up to 200 euros and ranged between 1,900 euros (for a single) up
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Budget primary surplus at 1 bln in Jan as tax revenues outperform
EconomyMacroeconomythe target. This led net revenues, up 10.9 percent to 4.05 billion, to beat their target by 331 million. Expenditure Primary expenditure edged up 1.4 percent to 3.12 billion euros, 58 million lower
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The joke's on Greece
AgoraA Greek businessman, a Greek minister, a Greek opposition MP and a German official go to an economic conference. The German ends up being the only one that defends the Greek position. It may sound... 2016 GDP data might back up). The entrepreneur placed the blame for the failure to conclude
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Greek women in crisis
Agorapregnant women try to work up to their due date, in order to take the leave of 4 months after their baby.... This was the case of Maria Pella who ended up in the hospital with exhaustion in her seventh month
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Industrial production increases by 7.2 pct in January
EconomyMacroeconomymovement in IPI mostly reflects soaring electricity production (+28.6 percent), which makes up around 21... manufacturing production, which holds the lion’s share of IPI, edged up 1.1 percent. In contrast, mining
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In absence of deal with lenders, some in SYRIZA keep political options open
PoliticsGreek Politicsedging up to 17 points from 16.5 last month, although support for both parties eased slightly. Backing... figure has remained relatively stable since November 2015 but the latter has edged up. Only 17
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SYRIZA on tenterhooks as outcome of review remains in balance
PoliticsGreek Politicsreported that some lawmakers took up the offer but it is not clear whether their proposals... resigned as a SYRIZA MP and gave up his parliamentary seat. In May 2016, the same thing happened
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Out-of-court workout bill prepared amid apparent concern from banks
EconomyProgrammedebt could be settled in up to 120 monthly instalments (10 years) with the minimum instalment set... addresses the problems of both creditors and indebted companies. They also noted that it is up
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Athens and lenders stay mum on agreement, domestic reaction awaited
PoliticsGreek Politicsin the coming days. Maintaining the recent radio silence, neither side would back up the Reuters report... easier for the party’s MPs to also give their assent. A step up in the government’s attacks
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Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
EconomyBanking. The management also reiterated that write-offs will make up around 40 percent of the targeted NPE... billion in Q4 from 3 billion in the previous quarter. Gross loans edged up by 54 million QoQ to 50.7
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