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OECD report shows Greece had highest tax ratio rise in 2016
EconomyMacroeconomy6 percent, when the OECD average is 8.9 percent. Compulsory social insurance contributions by far
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingAssistance (ELA) to 6 billion. Management noted that this was the result of additional deposit inflows
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Trade deficit grows by 20.6 pct in October, driven by higher imports
EconomyMacroeconomythose to non-EU countries increased by 6 percent. Excluding the impact of oil products and the value
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ECB survey shows enduring preference for cash payments in Greece
EconomyFeaturesor card payment. The average for the euro area was 6 percent. Greeks were also more likely than any
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Coalition in last-minute legislative rush, extends helping hand to MPs
PoliticsGreek Politicssignificant of those was an amendment introducing jail sentences of up to 6 months for anyone obstructing
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Newsletter 145
significant of those was one introducing jail sentences of up to 6 months for anyone obstructing
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Travel balance up by 18.2 pct in October on increased foreign arrivals
EconomyMacroeconomypercent to 9.5 million while visitors from non-euro countries within the EU 28 rose by 6 percent
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Most Greeks negative about spending power in 2018
Societyon Christmas, Greeks fell in the middle at fifth place, between Germany at 4 and Belgium at 6. Greek
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Coalition stresses positives, expects full support for multi-bill
PoliticsGreek Politicscreditors and will be able to claim up to 6 months in unpaid wages before any money is paid out
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Newsletter 146 -12/01/2018
to be at the head of the line in terms of the firm’s creditors, and to be able to claim up to 6 months
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