Search
-
A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgramme) turning positive to 0.6 percent in 2016 (from 1.1 percent). Fiscal On the fiscal performance... with a net fiscal impact of 3.7 billion euros, including proceeds from privatisations. Those... million). The net fiscal impact of 3.7 billion euros also assumes that the government will postpone
8% -
Newsletter 41 - 04/09/2015
for the remainder of the year include the payment of vehicle tax, estimated at 1.1 billion and usually paid... 30,000 euros. The increased amount (in the form of withholding tax) would accordingly decrease the net amount of salaries and pensions. In addition, since August pensioners have seen their net pension slip
8% -
Greek stocks down 5.1 pct over week as investors remain cautious
Economya trading update for the second quarter (Q2) on Monday showing net interest income rose 1.4 percent... resulting in a modest improvement in the core pre-provision income by 1.1 percent. The non-performing... percent to 136.4 million and EBITDA rising by 6.2 percent to 47 million. However, net profits dropped
8% -
Greek stocks on slide for third straight week
Economy(+1.4 percent), Folli-Follie (+1.1 percent) and Coca Cola Hellenic – CCH (+0.8 percent). In contrast... in the previous week. Corporate news NBG released its third quarter (Q3) results on Monday, with net... Petroleum Q3 results showed net profits jumped to 111 million from 24 million last year with EBITDA also
8% -
The story behind Attica Bank, the non-systemic lender thrust into the spotlight
EconomyBankingeuros at the end of 2015 making up just 1.1 percent of the five Greek banking groups’ assets. Its deposits and net loans amounted to 2.14 and 2.76 billion euros respectively corresponding to a market... net loss of 347 million euros, with pre-provision income (PPI) of 31 million and credit risk
8% -
Greek stocks on the rise again, end week 2.1 pct up
Economyand approved the disbursement of 1.1 billion euros, while the remaining 1.7 billion of the 2.8-billion euro sub-tranche are subject to a positive assessment by the institutions of the net arrears clearance... reported on Monday its 2015/2016 financial results, which showed net profits rose by 15.7 percent
8% -
Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
EconomyMacroeconomystraight month, with the surplus increasing to 1.1 billion in February from 1.02 billion in the previous... that the February figure includes the dividend received from the Bank of Greece’s 2016 net profits... target. As a result, net revenues fell by 1.5 percent in the 2-month period and landed at 7.98 billion
8% -
Greece sees highest tax wedge increase among OECD countries in 2016
Economyby 1.1 pp until 2016, while the respective OECD average has dropped by 1 pp over this period... looking at the employee net tax burden, which strips out employer contributions, the Greek figure... percent. However, the net tax burden of 23 percent for a married worker with two children in Greece
8% -
Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
EconomyMacroeconomyprivatisation revenues and higher tax refunds meant that net revenues fell short of their target... revenues edged down 1.1 percent to 14.87 billion in the 4-month period. They still beat the target... and the higher tax refunds. This led to net revenues of 14.57 billion in the 4-month period
8% -
Newsletter 119 - 19/05/2017
. The upgrade of this year’s projections fully reflects an upward revision of net budget revenues by 1.29... by 0.5 percent year on year (YoY) in Q1, at a slower pace compared to the drop of 1.1 percent... led to net revenues falling short of the target by 152 million. In addition, the Public Investment
8%