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Coalition pledges to demolish illegal buildings following Mati fire
PoliticsGreek PoliticsTzanakopoulos announced on Tuesday that authorities intend to immediately begin the process of knocking down... 100 properties will be sent to the ministry next week and the structures would be knocked down... notoriously difficult for authorities to knock down illegal properties. For instance, it took almost two
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Newsletter 181 -2/11/2018
the idea was played down by much of the Greek media, which has focussed on the final decision most likely..., the government takes on the issue of church and state, though with a noticeably toned down rhetoric...), the Kyrgyz Republic (70) and Ukraine (71). The score for each country is broken down across 10 sub
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Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
EconomyBankingdeclining by 39 percent to 513 million euros. Net interest income (NII) edged down slightly by 1 percent... the September 2015 peak, NPEs have fallen by 9.2 billion euros. The NPE ratio edged down to 54.1 percent... stock edged down to 17.1 billion from 17.8 billion in Q2, while the NPL ratio increased slightly
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Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBanking. On an aggregate basis, net profits in the first half (H1) came to 25.7 million euros, down by 27.8..., net results in this category came to 90.1 million euros, down by 20 percent compared to the figure...-on-quarter (QoQ) to 207.8 million euros. In H1, PPI stood at 398.6 million euros, down by 3.4 percent YoY
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Newsletter 219 -13/09/2019
8,500 euros, and the income tax rate for those earning less than 10,000 euros come down from 22 to 9... will be brought down from 10 to 5 percent. VAT on the construction of new buildings will be suspended... workers will be reduced from July 1 next year. Mitsotakis said the aim is to bring them down by 1
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Newsletter 227 -08/11/2019
noting that this is down 3.4 points since September, underlining that although the conservatives... average. Private spending remains subdued in the first half of 2019, down by 0.1 percent, however... fell by 22 million compared to August and came to 12.15 billion in September. 2 Unemployment edges down
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Industrial turnover drops by 7.4 pct in October
EconomyMacroeconomyGreece’s industrial turnover edged down sharply by 7.4 percent year-on-year (YoY) in October, from... and manufacturing down by 1.7 percent. In the non-domestic market, the drop in turnover was led by mining and quarrying at -24 percent and manufacturing down by 16 percent. For eurozone countries
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BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
Economysees a 0.3 percentage points slow down to 0.8 pct, and the UK is also seen down by 0.2 pct to 0.8 pct... slow down further by 0.6 to 1.4 percentage points. BoG argues that although the Greek economy... and services as global trade will slow down sentiment will deteriorate. Particularly, shipping will take
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Latest air traffic data emphasises tourism's difficulties as 2019 data reveals bumper year
EconomyFeatureswas seen in eastern Macedonia and Thrace with an average spend of 115 euros, down by 31.1 percent YoY.... The longest average stay of 8.2 nights was recorded in Crete, down by 2.4 percent YoY. The minimum length... normally represent the height of the summer tourism season, air traffic was down by an average of 72.8
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Newsletter 274 -20/11/2020
, MeRA25 and its leader Yanis Varoufakis held a sit-down protest in front of a cordon of police officers... that arrivals in Europe in the first eight months of the year were down by 68 percent compared to 2019. The hardest hit countries were Cyprus with tourism down by 85 percent there, followed by Montenegro
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