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  1. New overdue taxes rise by 377 mln in July, total stock above 102 bln for second month

    EconomyMacroeconomy

    of corporate income tax due came to 143.8 million euros, of which 131 million have been paid... 88.6 percent in June. The aggregate rate of collectibility came to 81.4 percent. The IAPR has set

    16%

  2. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    National Bank of Greece (NBG) reported a net profit of 122 million euros from continued operations in the second quarter (Q2) of 2019, down from profits of 131 million euros reported in Q1. Quarter... the end of 2015, NPE reduction has reached 8.6 billion euros. The bank has set a target to reduce

    16%

  3. S&P ups outlook to positive, leaves rating at 'BBB-'
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    the previous peak. The debt ratio is seen dropping to 131 pct of GDP by 2027, from a peak of 207 pct... be revised to stable. The next scheduled update for Greece is set for May 31 by Fitch.

    16%

  4. PM prioritises saving lives as govt fire strategy comes under more scrutiny
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the Mati fire in 2018, which caused more than 100 deaths and for which the then SYRIZA government... in connection to what happened at Mati, ND has made saving lives in such situations a priority... – in contrast, for example, to the Mati fire, when gale-force winds were blowing. There were also

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  5. Lenders set out 49 milestones for Greece to meet before next bailout tranche

    EconomyProgramme

    . The current set of prior actions involves: 1) Integration into the Unified Auxiliary Insurance Fund (ETEA... percent discount for energy-intensive users. After the completion of the first set of milestones, a second

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  6. Mood sours as focus switches to next set of prior actions

    PoliticsGreek Politics

    The 2016 budget was passed relatively comfortably on Saturday, with all 153 coalition MPs voting for the economic plan, but attention is quickly shifting to the next set of prior actions that Greece.... It should be pointed out, though, that the creation of a task force to set up the new fund is one

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  7. Athens set for 6.7 bln bailout tranche, talks on post-MoU framework
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    require ministerial decisions and are set to be settled before the European Stability Mechanism’s... a “Framework for Growth and Stability,” making use of the terms already set out for the ESM’s Precautionary

    16%

  8. Tsipras to set out path for new cabinet as pension discussion looms
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    cabinet meeting will be an opportunity for the prime minister to set out his ideas for the government... will unveil a set of fiscal policies aimed at changing the mood among voters. Pension cuts Tsipras

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  9. Lenders set to keep coalition waiting for answer on pension cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . This meeting is set to take place in the wake of the institutions issuing their first post-programme report... of the draft budget in the Greek Parliament. The coalition looks set to be in the embarrassing

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  10. Athens set to press ahead with primary residence law despite differences with lenders
    Photo by MacroPolis

    EconomyProgramme

    The Greek government appears set to table in Parliament on Friday the draft law for the new framework governing the protection of primary residences from foreclosure without necessarily first... should not be eligible. The government had set the limit at 65,000 euros. The scheme would cover up

    16%