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Central govt debt falls for first time in six quarters, easing by 1.25 bln to 357.69 bln in Q1
EconomyMacroeconomyin Q4. The debt breakdown by residual maturity showed that long-term (over 5 years) debt made up 77.2 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt
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GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY
EconomyMacroeconomyincreasing by 8.1 percent compared to Q4. Imports of goods and services rose by 5 percent QoQ, while exports... of 1.1 percent in Q4. General government consumption fell by 5 percent QoQ and declined by 4.1 percent
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Tsipras tries to use Brussels warning to his political advantage
PoliticsGreek Politics,” he said. “Mr Mitsotakis insists on talking about the need to adopt a 1:5 hiring rule, while we have... will be brought down from 28 to 20 percent over two years, he added. Dividend tax will drop from 10 to 5 percent
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Newsletter 209 -07/06/2019
) garners between 3 and 5 percent. Ex-finance minister Yannis Varoufakis's party, Mera25, is expected.... In Q1 imports of goods and services rose by 5 percent QoQ, while exports of goods and services fell
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Wages index up by 1.8 pct in Q1 YoY
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index rose by 1.8 percent year-on-year (YoY) in the first quarter (Q1) of 2019, following an upward revised rise of 5 percent in Q4, Hellenic Statistical... in Q1 2018 came to a YoY increase of 5 percent. On a quarterly basis, the index fell by 1 percent
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Retail turnover falls by 2 pct in Apr, volume declines by 2.7 pct
EconomyMacroeconomyfrom a revised increase of 5 percent in March. As with the retail index, the volume index has... and cosmetics. This was followed by automotive fuel (-5 percent), supermarkets (-3.2 percent) and clothing
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeatures. However, as we noted in a previous analysis about half the tax burden is borne by the top 5 percent... that a gross income of 33,000 euros today puts a household in the top 5 percent of earners
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New government holds first talks with creditors, may opt for cautious fiscal approach
EconomyProgrammethe interest rate from 5 to 3 percent. It will also be easier for companies to apply. Reports suggest... are expected to resume from September 5, when the next Euro Working Group meeting will be held
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Newsletter 215 -19/07/2019
the minimum monthly payment from 30 to 20 euros and reducing the interest rate from 5 to 3 percent... successful issues earlier in the year, with 5- and 10-year maturities, the PDMA surpassed its initial target
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Mitsotakis promises 'new normality,' lines up tax cuts straight away
PoliticsGreek Politicsbe brought down from 5 to 3 percent. He added that companies owing up to 1 million euros would be allowed... percent (and from 24 to 20 percent next year). The tax on dividends will be reduced from 10 to 5
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