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Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
EconomyMacroeconomy. Outside of the EU, revenues from the US rose by nearly 9 percent to 83 million, while those from
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Exclusion from QE confirmed, only ECB's reinvestment programme left
EconomyProgrammeat just 16.3 billion euros: ECB funding is 9 billion and ELA from the Bank of Greece at 7.3 billion
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Trade deficit up by 30.9 pct in June as imports grow faster than exports
EconomyMacroeconomybillion, respectively. Imports from EU countries increased by 9 percent YoY, while those from non-EU
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeaturesin neighbouring competitive markets is lower, at 10 percent for Spain, 9 percent for Cyprus, 8 percent
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economy2022 then dropping to under 3 percent from 2024. Fitch estimates Greece’s GFN to stay below 9
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingconsecutive fall in as many quarters. In the consumer loans sector, NPE formation stood at -9 million
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingdecreased to 54 percent on a recurring basis. Impairment losses came to 149 million, down by 9
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SYRIZA and ND go head-to-head over promises to lighten tax burden
PoliticsGreek Politicsthe ENFIA property tax by 30 percent, dropping the basic income tax rate to 9 percent, easing social
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Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
PoliticsGreek Politicsfrom 22 percent to 9 percent, the reduction of corporation tax from 29 percent to 20 percent
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Newsletter 175 -21/09/2018
from 22 percent to 9 percent, the reduction of corporation tax from 29 percent to 20 percent
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