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New tax debt at 5.79 bln to November, rising by 847 mln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 847 million euros in November, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 5.79 billion, lower than the figure for the same period last year by 16.8 percent. New unpaid obligations from tax
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Retail turnover drops by 7.9 pct and volume by 6.9 pct in November
EconomyMacroeconomyhas dropped by 33.2 points. Retail trade improved by 3.2 points month-on-month to -18.9 points
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Credit growth in December rises to 3.4 pct, highest since March 2010
EconomyMacroeconomyCredit movement in the Greek private sector rose by 3.4 percent in December after an increase of 2.6 percent in November, Bank of Greece (BoG) figures showed on Friday. The increase in credit growth is now the highest it has been since March 2010 when it came to 3.5 percent. The outstanding balance
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Hercules nears end of its first cycle with National Bank's participation
EconomyBankingof Greece has pushed for the creation of an asset management company (AMC), informally referred
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Pandemic drove 28.4 bln of bank loans into moratorium last year
Economy– the deadline – with approval granted to 74,420 by the end of December. The government has also
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Industrial production up by 3.3 percent in December
EconomyMacroeconomy, industry confidence has fallen by 12.7 points. In addition, Markit’s PMI for January rose
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Building permits drop by 12.4 pct in Nov amid second lockdown
EconomyMacroeconomyby 18.5 points to -25.5 points. Compared to the same month last year, construction confidence has
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Government rolls out red carpet to lure private wealth to Greece
EconomyFeatures, the Finance Ministry heralded the move as the latest initiative in a series of steps it has taken
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New tax debt €7.13 bln in 2020, rising by €1.34 bln in December
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 1.34 billion euros in December, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 7.13 billion euros last year, lower than the figure for 2019 by 11.1 percent. New unpaid obligations from tax
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Alpha Bank enters agreement with Davidson Kempner for 10.8 bln Galaxy securitisation
EconomyBankingis on a levered basis, while the bank has further upside through an earn-out of up to 68 million euros if certain
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