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Ionian gas deal strengthens government's aspiration of becoming US energy gateway
PoliticsGreek Politicsin Athens — including Energy Secretary Chris Wright, Interior Secretary Doug Burgum, and Ambassador
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PM insists on 3 pct election threshold, unveils plans to entice diaspora voters
PoliticsGreek Politicslist to direct election by overseas voters. The Interior Ministry will be responsible
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Electricity drives rare rise in Greek industrial production index
EconomyMacroeconomyreadings showed a mid-single digit drop. It is worth noting that the IPI has only had five positive year... and water supply, exhibited a low single-digit decline (0.5 – 2.8 percent). In contrast to December... single-digit figure, 2 and 2.8 percent respectively in 2013. Among the various business sectors
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Greek trade deficit plunges by 24.2 pct in May
EconomyMacroeconomystable (-0.04 percent). The marginal change in exports follows a rise by a mid- to high single digit... a single-digit increase in the preceding two months with the absolute figure in May reaching 3.58... of the 5-month trade deficit components showed mixed trends. Exports to the EU rose by a low single
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Newsletter 88 - 16/09/2016
The single property tax (ENFIA) due in 2016 stands at 3.18 billion, 2.2 percent lower than last year’s... of the liability side on banks’ balance sheets. In the Greek case, the single largest liability are corporate... for medium-term NPL resolution, the single largest obstacle that international investors keep
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Newsletter 104 - 27/01/2017
No clarity after Eurogroup Tsipras vows not to legislate 'a single euro' in extra measures The much... would not legislate “a single euro” in extra measures. He also claimed legislating contingency..., according to figures provided by the single SSC collection centre (KEAO) on Tuesday. The increase in Q4
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Athens grapples with awkward reduction of tax-free threshold
EconomyProgrammewas reduced to 8,636 euros for a single person, to 8,863 and 9,090 euros for a family with one child.... As a result, the tax credit was cut by up to 200 euros and ranged between 1,900 euros (for a single) up...” it is considering should there be a fiscal outperformance include a reduction in the single property tax
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Greece, creditors seek progress at Eurogroup on key differences holding up review
EconomyProgrammenoted that the key area of divergence is over the reduction of the single property tax (ENFIA... would like to phase the reductions in over several years but the Fund favours a single cut, creating...-free threshold from its current level of 8,636 euros (for a single person) to around 5,900 euros
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Piraeus eyes major NPE deal as banks remain focused on bad loans
EconomyMacroeconomycommitments to the Single Support Mechanism (SSM) guidelines submitted to the ECB. Should the deal go through... percent by the end of 2019” and that the pile would be further reduced to single digits by 2021 with an NPE deconsolidation of approximately 7 billion in a single transaction to the SPV, which
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OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
EconomyMacroeconomyand lockdowns before the end of 2020, and one without a second wave. Under the single-hit scenario, the EU... that GDP will fall by up to 8 percent in 2020 under a single-hit scenario, with a recovery of 4.5... to 19.4 percent in the single-hit scenario and to 19.6 percent in the double-hit scenario. Under both
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