Search
-
Newsletter 490 - 16/01/2026
at addressing cost-of-living challenges, which kicked in on January 1. As Mitsotakis looks to the next general... by almost 12 pct and package holidays were also up by 7.2 pct. According to ELSTAT’s latest budget.... Restaurants, cafes and hotels take up close to 12 pct of the expenditure. Within the food component, meat
7% -
National Bank follows other Greek lenders' by opting for capital increase
EconomyBankingbillion granted to the Greek state in 2009. These shares are eligible as Core Tier 1 (CT1) capital under.... Nevertheless, the respective pro-forma Basel III fully loaded Common Equity Tier 1 ratio would land... compared to 12 percent for the banking index and 5 percent for the Greek stock market. Reports also
7% -
BoG sees encouraging signs for Greek economy but warns on reforms
EconomyThe Bank of Greece (BoG) issued its Monetary Policy 2013-14 report on June 12, which is the last... positive in 2014 at 1 percent of GDP lower than its previous estimate of 2 percent. The key contributor... that an increase in real GDP by 1 percent results in a rise of the tax efficiency of VAT by 0.20 – 0.43
7% -
How Greek banks' capital needs could be reduced by 2.3 bln
Economyon the recognition of DTA in Common Equity Tier 1 (CET1), set at 20 percent of CET1. A later BoG decision (Executive... period starting from January 1, 2015. This rule will also be applied in the upcoming EU-wide stress...) stood at: 12 percent for Alpha, 9.8 percent for Eurobank, 11.6 percent for NBG and 11 percent
7% -
Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
Economysector. Kathimerini also noted that the Finance Ministry anticipates increased revenues by 1 billion... in the number of installments for unpaid taxes and social security contributions (from 12 up to 100... the target by almost 1 billion. However, 8-month revenues fell short of their target by 107 million
7% -
Fitch keeps Greek rating at 'B' with stable outlook
Economyaccount surplus stands at 1 percent of GDP supported by reduced imports, buoyant tourism receipts... notches to Caa1 with a stable outlook in August 1. In addition S&P upward revised its rating on Greece by one notch to B with a stable outlook on September 12. However, Moody’s rating on Greece stands two
7% -
Unpaid taxes up to 1.22 bln in October as total reaches 71.2 bln
EconomyMacroeconomya revenue gap of 1 billion in 2015. GSIS also provided the year to date evolution of efficiency...) at 1 billion in the first half of 2014 and 2 billion for the whole year. The first target was almost... by the end of the year. For the first half, the actual figure fell short of the target, landing at 12
7% -
Greek travel receipts continued upward course in October, rising by 4.6 pct
EconomyMacroeconomyby a decline in the travel spending per trip by 12 percent to 502 euros. October The breakdown of incoming... of UK tourists slowed to 1 percent in October from double-digit levels in the preceding months... to 11.3 billion, corresponding to an increase by more than 1 billion compared to last year’s figure
7% -
Our most popular stories in 2014
Agora. It is estimated that 1 million houses in Greece were built after 2000 but only 10 percent is inhabited... percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit annual growth... monthly benefits of 360 euros for the first 12 months they are not working. As a result, only 15
7% -
Newsletter 11 - 16/01/2015
is not completed. These are: 1. Losing tranches amounting to 7.2 billion euros, half of which relate to two IMF... government and the troika, which expected it to reach between 0.8 and 1 percent. December’s deflation... 12 months. Secondly, that the authorities in Athens have complied with the reform requirements laid
7%