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  1. Newsletter 441 - 15/11/2024

    Newsletters

    pct YoY drop, accelerating from the 4.3 pct of the previous month. The decline is largely led solely... with a nominal drop. In the representative’s op-ed it is noted that when more updated data up to Q2 2024... drop of 14.7 pct year-on-year (YoY), leading the movement in passenger cars down by 3.8 pct YoY

    13%
  2. Newsletter 447 - 17/01/2025

    Newsletters

    book opening, offers had exceeded 30 billion euros, which allowed the guidance to drop to 102 points... grew by 3.7 pct, led by rents that continue to climb with 8.5 pct year-on-year. Food inflation... with a drop of 0.2 pct, when in December 2023 licences had grown by almost 25 pct. Car sales in December

    13%
  3. Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
    Photo by MacroPolis

    EconomyMacroeconomy

    a stable growth trajectory and a strong budget performance led by tax revenues, notably indirect taxes... tax will have a minor drop to 15.76 billion euros and corporate taxation will rise to 8.66 billion... pct of GDP. The stock of debt will continue to drop, seen next year at 359 billion euros at general

    13%
  4. Industrial turnover up by just 0.3 pct YoY in Oct as manufacturing growth, domestic market slow

    EconomyMacroeconomy

    , from a strong rebound of 13 percent drop in September, according to data released by the Hellenic... by just 0.3 percent, from a 0.2 percent drop in the previous period. Manufacturing revenue rose by 0.3..., industrial turnover in the total market decreased by 2.4 percent, led by drops of 2.4 percent

    13%
  5. Pension reform brings painful overhaul in social security contributions for self-employed

    Economy

    at 2,300 euros, while the relevant income ceiling for contribution calculations is set at 5,900 euros.... Press reports indicate this ceiling could reach 55 percent for annual income between 20 and 30,000

    12%
  6. Houliarakis provides clearest view so far on Athens's debt relief expectations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    this scenario, Houliarakis said that the gross financing needs exceed the 15-percent ceiling... the 15-percent ceiling as of 2030. It also reduces the net present value (NPV) of Greek debt to 80

    12%
  7. Athens prepares for bond issue, eurozone works on growth/debt mechanism

    EconomyProgramme

    . Provisions reportedly include a ceiling of 1 percent of GDP on annual interest payments and a 2 percent ceiling on debt repayments. If Greek growth falls below expectations, the mechanism would kick

    12%
  8. Government move over primary residences raises questions
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    secured on homes; the ceiling on the market value of the property in question; the ceiling

    12%
  9. PM finalises relief measures in ambitious but risky move to sway voters
    Image: www.primeminister.gr

    PoliticsGreek Politics

    ) to 30 percent of a 4,400-euro ceiling, across an expanded list of professional categories. Also... percent of GDP, the government argues it can preserve the sub-3 percent deficit ceiling while

    12%
  10. Greek stocks drop 2.6 pct over week, banks drop 7.4 pct after big gains last week
    Photo via www.helex.com

    Economy

    The Greek equity market mostly traded on negative grounds with subdued volumes this week, ending it down 2.6 percent, which almost offsetting the gains of 3 percent posted in the previous week. During the Eurogroup held in Bratislava on Friday, Finance ...

    12%