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BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
EconomyBankingagainst the tax they would have to pay on their profits. However, in the event of losses, part... model by financing tradable industries. BoG analysts note that the current stock of NPEs has
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Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
PoliticsGreek Politicsto pay out stipends to thousands of people in the hotel and food service industries who were left without
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Govt weighs escalating impact of Ukraine war on public finances
PoliticsGreek Politicshas strongly suggested it will pay vulnerable households in the run-up to Easter. All eyes are now... has also asked for tools to support energy-intensive industries, and it is strongly supportive
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Newsletter 381 - 19/05/2023
not even be able to pay pensions. ND strategists also flagged up a statement by SYRIZA’s former... is leading the recovery in the labour market. Jobs in the accommodation and hospitality industries
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U.S. and China are still in reconnaissance mode, but for how long?
Agoramodernisation. Guam, in his words, is a linchpin for success, and collaboration with Japan will pay... is capable of imposing highly damaging export controls on high-tech industries or exploiting
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Newsletter 458 - 04/04/2025
Mitsotakis has approved pay increases for members of the armed forces and paved the way this week... Minister Nikos Dendias confirmed last Friday that members of Greece’s armed forces would see their pay... become contentious in recent days following the PM’s announcement of pay rises for armed forces
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Unpopular but effective property tax returns for another year
EconomyMacroeconomyMinister Giorgos Houliarakis recently said that 6 million households will pay the same or even lower ENFIA for 2016 compared to the previous year, while 500,000 are expected to pay a higher amount... value were due to pay at least 50,000 euros each with the aggregate amount reaching 265.7 million
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PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek Politicsdays in office. Instead, it has taken a year before he could pay a visit to the site in southern... will pay for the demolition work and oversee the successful conclusion of the tender for the casino... be expanded, along with a reduction in the tax businesses have to pay in advance this year. Companies
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A third of young Greeks would consider emigrating to escape economic problems
Societysituation. The report, which mainly focused on issues related to consumers’ ability to pay for goods, found... the means to pay them. Over three in four Greeks (78 percent) were late paying least one bill late... late, an answer given by 79 percent of those having paid late, was the inability to pay,” the report
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Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4
EconomyMacroeconomybe attributed to increased ENFIA revenues since a number of taxpayers preferred to pay their tax obligation... will pay (to the bank) their obligation in 9-12 monthly instalments. Moreover, taxpayers with low ENFIA charges may have also preferred to pay the whole amount upfront and not in instalments. It should
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