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Corporate taxation, underspend lead to 3 bln primary surplus in March
EconomyMacroeconomywere 1.53 billion, 5 million above the target. Property tax revenues amounted to 260 million, 19..., exceeding the target by 661 million. Overall, the PIB is in balance. Greece has also received 159 million
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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBankingeuros, leading to a negative gross formation of around -260 million euros. Broken down by sector, NPE... of the investment securities portfolio measured at fair value through other comprehensive income (FVOCI
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Mitsotakis breaks the ice in Sochi but Russia's wariness remains
PoliticsGreek PoliticsUndoubtedly, Moscow’s cooperation especially in the military sector with Turkey has been and still... has already begun talks with the giant energy company but with no concrete results so far. Vladimir... of its needs, while Mitsotakis stressed that “Russia has become a reliable supplier but also Greece
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MTFS outlines ambitious economic and fiscal road for next four years
EconomyProgrammea cumulative 1.17 billion in social protection, 300 million in public investments, 260 million in employment...) for 2019 - 2022 as part of the multi-bill containing the measures needed for the conclusion of the fourth... the coming years as a result of the measures already legislated last year and the confirmed outcomes
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Seven years of demanding the impossible in Greece
Agorameasures, which relate to the tax-free threshold and pension spending. Since 2010, Greece has adopted... with “perfect policy implementation” the programme will be thrown off track rather quickly... was not unhappy that the truth has been revealed because “it is seven years and still there is no clear
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Newsletter 248 -24/04/2020
that the prime minister has ordered a review of standards among professional training providers... Mitsotakis of not being bold enough in the emergency economic support measures he has announced, is likely... from the virus has passed and Greek politics, as well as daily life, can start returning to what might
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The nightmare of our choice
Agoratwo years has been like Marlow’s: As we picked our way through crumpled, charred train carriages... – it has been corroded by our own caustic mix of inefficiency and selfishness. As the Financial Times... is threatening to bring our Potemkin village of success crashing down. Two years on from the tragedy, nobody has
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Spain’s economic recovery languishes amid graft scandals
Agora, has rebuffed opposition criticism over his economic policies by pointing to a trade balance surplus, January’s three-year bond yield falling to a record-low and a declining risk premium that has... they would not be hiring extra employees for another year or two, a Deloitte-El País survey has shown
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Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
Economy’ from ‘B1’, while it kept the outlook stable. Moody’s, which has its own rating scale, had... the challenges in absorbing EU funding, given Greece has failed in delivering on public investment funds and private investment has been weak. Moody’s anticipates Greek debt exceeding 200 pct of GDP, before
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Key debt relief talks fail to result in deal, leaving IMF role in doubt
EconomyProgrammeprogramme’s financial envelope to buy out the loans that IMF has made to Greece. The key areas... has said that if it is not satisfied with the debt relief on offer, it will not participate... to get on board. “I am not sure who is circulating such scenarios but I believe they are baseless
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