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EU report shows Greece entering new era of extreme ageing and population decline
Society, with population decline concentrated heavily in rural regions and the interior. While some coastal areas
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Finance Ministry targets 3 bln from unpaid taxes
EconomyMacroeconomyat just 9 billion euros, corresponding to 11.6 percent of total outstanding tax debt. Note that SYRIZA... noted that today’s figure of 9 billion is based on actual data, while earlier forecasts were based on SYRIZA’s estimates. The effective unpaid tax debt of 9 billion mainly involves obligations
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Cyprus talks resume, putting spotlight on Greece and Turkey amid tension
PoliticsForeign Policyin negotiations after the recent setback, to hold a new meeting in Geneva from January 9, which... Cypriot side agreed to enter talks in Geneva on January 9 without a specific topic (the Mont... to a series of crucial elections. The scheduling of the Cyprus talks for January 9 to 12, suggests
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Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
EconomyMacroeconomypenalties of the Code of Books and Records (31.58 billion), loans (9 billion) and judicial expenses (1.42... income tax stood at 68.6 percent, late payments at 9 percent, while 22.4 percent was not paid. The respective rates for ENFIA stood at 74.1 percent for punctual payments, at 9 percent for late payments
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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingis expected to drop to around 170 bps over the course of 2018. IFRS 9 As part of the new IFRS 9 implementation Greek banks are expected to increase provisions by roughly 6 billion euros. NBG noted that IFRS 9
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingmanifested in a negative impact of 9 million euros. On an aggregate basis, NII fell by 7.5 percent to 903...), which offset a reduction from period results (-10 bps) and AFS reserves (-9 bps). The bank noted... in to account the 5-year amortisation for the implementation of IFRS 9. Alpha Bank’s CEO Demetrios P
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Summit to usher in a new stage of EU-China relations
AgoraThe upcoming EU-China summit in Brussels on 9 April will have a lavish menu, for sure. China... the cohorts of reporters will be on the lookout for on 9 April. But the real outcome of the meeting...”, despite their strategic partnership in certain areas. Which is what the 9 April summit will most
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingin DTCs as a cushion. This effectively means that they pay 9 billion euros for debt with a nominal value... are to be submitted by September 9 and the bank aims to close the deal by the end of the year. Alpha Bank's... to more than 9 percent of the principal portfolio amount and is capital accretive to NBG (based on Q1
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Loan interest drops to 4.59 pct in September
EconomyMacroeconomycorporations came to 4.59 percent in September, down 9 basis points (bps) from the rate of 4.68 noted... rate to small and medium-sized enterprises (SMEs) rose by 9 bps to 3.90 percent. Deposits... on deposits from households with an agreed maturity of up to one year decreased by 9 bps to 0.45
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesand other urban areas. Construction geared up by 9 percent in 2017, 10 percent in 2018 and 13... to the same period in 2019. Residential property prices in urban areas rose by 9 percent between 2017..., followed by Turkish nationals who make up around 9 percent and Russian nationals with 6 percent
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