Search
-
Greek banks on cusp of improved liquidity conditions
Agorafor April rates), banks could see lower funding costs of 27 million euros in their NII and fee income... on current interest rates. Greek banks face a significant challenge in convincing depositors to bring
3% -
Crisis management policy: the sad lesson of the Greek case
Agorathe significant reduction in interest rates and, accordingly, interest payments on the public debt... percent per annum could be too optimistic. And growth rates of around one percent or less is all too
3% -
Study estimates tax evasion costs taxpayer up to 16 bln annually
Economyhigher shadow economy rates than in the western and eastern Europe. It is worth noting that from 1999... to tackle tax evasion. The recommendations are mainly related to the reduction of tax rates
3% -
Building activity decreases at slower pace of 5.3 pct in April
EconomyMacroeconomytime, the building surface and volume continued heading south at double-digit rates decreasing by 11... surface and volume posted higher drop rates of 17.9 and 16.3 percent respectively. Building permits
3% -
Unpopular but effective property tax returns for another year
EconomyMacroeconomyby an average rate of 12-13 percent. At the same time, the tax rates have increased accordingly... of the supplementary property tax has been lowered from 300,000 to 200,000 euros, while the tax rates
3% -
Property tax notices for 2016 to be issued, collection target remains same
EconomyMacroeconomyENFIA relate to the reduction in the objective prices and the consequent rise in the tax rates... euros, the increase in the tax rates for property values above 300,000 euros as well as for plots
3% -
Newsletter 86 - 02/09/2016
at 0.86 percent in July, while corporate loan rates picked up in July, Bank of Greece data showed... rates remain 250-350 bps higher than the euro area average. In the household lending sector
3% -
Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows
Economyloss due to reduced VAT rates and the ‘exemption gap’ representing the respective loss as a result... that combines loss from applying exemptions and reduced rates stood at 26.1 percent for Greece in 2014
3% -
Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
EconomyMacroeconomy. The biggest growth rates in inbound traveller flow were posted by Russia (+40 percent) and the US... period. In contrast, receipts from France, Germany and the UK dropped at double-digit rates, while
3% -
After Article IV consultations IMF says challenges remain, substantial debt relief is needed
EconomyProgrammeare vulnerable due to an unaffordable pension system that requires financing by high tax rates... contribution rates coupled with lower tax credit and elimination of tax exemptions that benefit
3%