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  1. New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month

    EconomyMacroeconomy

    billion. Month-on-month, this marks a fall of 363 million euros. The figure was driven by legacy... governments. The total fall in legacy arrears was outstripped by the 554 million increase in effective

    4%

  2. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    by 304 million euros, bringing it to 32.2 billion in Q1. Parent NPE stock is anticipated to fall by 34... combined NPE and NPL stock to stand at 25.9 billion by the end of the year, and to fall further

    4%

  3. Trade deficit down by 15.8 pct in May on reduced imports, higher exports
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    . The deficit stood at 1.47 billion euros for the month. May's decline marks the fifth consecutive fall... figure for the first five months of the year pointed to a YoY fall of 15.2 percent in the trade

    4%

  4. New overdue taxes rise by 428 mln in June, total stock above 102 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a fall of 285 million euros. The figure was driven by legacy arrears in corporates (41.07 billion euros... companies and 10.57 billion from state-controlled companies and local governments. The total fall in legacy

    4%

  5. Eurosystem funding down by 3.29 bln to 13.02 bln in July

    EconomyMacroeconomy

    20.66 billion. The decline in July was driven by a fall in Emergency Liquidity Assistance (ELA... stemmed from the agreement of the third bailout programme. Following this, the majority of the fall

    4%

  6. Growth conditions improving but more work needed over longer term, PBO suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    not meet expectations. In particular, unemployment did not fall at the rate expected in Q1, while..., representing a fall of 31.5 percent. Regarding the number of debtors owing debts to the state, the breakdown

    4%

  7. Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    largely by a 4.8 percent fall in income tax revenues, which came to 5.78 billion and was off target... under target by 47 million euros. Interest payments continued to fall for a sixth consecutive period

    4%

  8. Greece tops OECD countries for tax rises and spending cuts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    , the tax credits will fall from 1,950 euros to 1,300 euros. For two children, it will fall from 2,000 euros

    4%

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

    EconomyMacroeconomy

    and came to 96.58 billion. Compared to June, this marks a fall of 297 million euros. The figure... companies and local governments. The total fall in legacy arrears was almost completely outstripped

    4%

  10. Q2 wages index falls by 0.4 pct QoQ and rises by 2.6 pct YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarter brings to an end four straight wages rises on QoQ and marks the first fall since Q1 2017... its first bailout programme and agreeing to a range of labour market reforms which resulted in a fall

    4%