Search
-
Newsletter 145
to total no more than 20 million euros), reports suggested that the lenders are annoyed due to a lack... and the Dodecanese from January 1. Until now, these islands have had a 30 percent discount on VAT. C/A deficit... for the relevant period last year, representing a worsening to the tune of 1.54 billion. 2 Industrial turnover up
24% -
Travel balance up by 81.4 pct in November, foreign arrivals increase
EconomyMacroeconomypercent. In total, arrivals from the EU 28 countries rose by 6 percent to 473,600. Those from euro-denominated areas rose by 18 percent to 211,600. Visitors from non-euro areas within the EU 28 fell by 2..., which led the overall travel surplus to rise by 13.6 percent and land at a total of 12.67 billion
24% -
Newsletter 148 -26/01/2018
, which will be split in two tranches. The second sub-tranche amounts to 1 billion euros... auctions system. Out of the total 6.7 billion, 1.5 billion will be used for the payment of arrears... analysis points to serious concerns regarding the sustainability of Greek public debt.” 2 Budget primary
24% -
Unemployment at 20.1 percent in March
EconomyMacroeconomy, the figure for those employed has risen by 74,890. Total employment remained above 3.7 million... in the below 24 years bracket at 43.2 percent, although this rate has declined by 2 pps year-on-year. In regional terms, the lowest rate of unemployment is found in Crete at 16.7, up by 1 percentage point since
24% -
Newsletter 167 -22/06/2018
and amortisation means that Greece does not need to begin paying around 1 billion euros annually... in total, covering Greece’s funding needs for the next 22 months. It is likely that Greece will use... in total over the next few years. In terms of long-term debt relief, the Eurogroup simply reaffirmed
24% -
Debt relief measures move ahead as Athens prepares to use fiscal space
EconomyProgrammethe 103-million-euro step-up margin paid by Greece for the period between 1 January and 17 June 2018, as well as to reduce to zero the 2 percent step-up margin that would otherwise be payable on the 11.3... in total, the European Stability Mechanism (ESM) will transfer 644.42 million euros, which relates
24% -
Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomy, or 2.6 percent of GDP in 2020, which puts Greece on course for an overall budget surplus of close to 2 billion euros, more than 1 percent of GDP. Public debt will remain broadly unchanged at 329.5..., with taxes making up 52.17 billion euros of the total. Taxes on goods and services will be higher
24% -
Government opts for modest tax relief, but who will benefit?
EconomyFeaturesjust starting out who will be taxed at a lower introductory rate. The total cost of adjusting... ranging between 2 percent and 10 percent, resulting in actual marginal rates between 31 and 55 percent... professionals also introduced in the 2011 tax package, brought in 386.3 million euros in 2017. Approximately 1
24% -
Greek banks eye positive market appetite for bad loan sales
EconomyBankingthe total from the current 24 billion down to 8 billion by the end of 2022. The NPE ratio... 1 billion euros that will result from the securitisation will be covered by the issue of a bond... of 2 billion euros. According to the bank, the securitisation is due to take place imminently
24% -
Govt, experts sound alarm over risk of Covid-19 control being lost
PoliticsGreek Politicsnow stand at 4,855 and deaths total 209 since the beginning of the pandemic, while 13 patients... of hand” if measures are not adhered to. Tsiodras noted that the infection rate R has increased to 1... number of infections. Around 24 percent of positive tests between July 31 and August 2 were from
24%