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  1. Gap of 555 mln emerges in three key taxes in July ahead of a crucial September for revenues

    EconomyMacroeconomy

    of the 6.59 billion due. This means that the amount of VAT collected was 1.02 billion less than what... stood at 2.28 billion in 2015, 38 percent lower than those in 2013, while the amount due was 3.57... more than doubled over the last three years to 3.57 billion euros in 2015 from 1.66 billion in 2013

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  2. Stepping up search for alliances, Tsipras welcomes Euro-Med leaders
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    that arrivals may rise even more than they have since July. Tsipras’s mood ahead of the Athens meeting...,” adding that “it is preferable to have a European Germany… than a German Europe.” His comments came... that the Greek leader was now closer to them ideologically than to the radical left. As we have written

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  3. Refugee crisis charade adds insult to EU's injuries
    Photo via Human Rights Watch https://www.hrw.org/

    Agora

    ) in official accommodation in Greece, there are more than 12,500 people on island hotspots when the capacity is for just under 7,500, there are currently more than 100 refugees arriving each day.... In the wake of the deal being signed, arrivals dropped to less than 50 a day. In recent weeks

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  4. The story behind Attica Bank, the non-systemic lender thrust into the spotlight
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    , Attica was the only Greek bank that remained along with the four systemic banks from the more than... household loans and leasing account for 19.9 and 7.3 percent respectively. More than one-quarter (26.7... provisions of 629 million. Its stock of provisions more than doubled to 1.17 billion at the end of 2015

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  5. Out with the old, in with the old
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    Perhaps more so than its promises about debt reduction, its ambitious targets for welfare spending... than 18 months later, these voters are likely to be feeling a strong sense of disappointment... own. In other words, it is more focussed on engaging in regime change than breathing new life

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  6. Athens looks to Draghi for positive signals on debt relief
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    PoliticsGreek Politics

    willingness to tackle a couple of reforms.” Athens would rather focus on comments like Draghi’s than... trade union, found that one million workers are owed money by employers. More than 500,000 in part-time contracts are being paid less than 360 euros per month, while uninsured labour has surged to 30

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  7. Disposable income falls for second straight quarter, by 0.7 pct in Q2

    EconomyMacroeconomy

    . The decline mostly reflects a rise in social contributions by 4.7 percent, which more than offset a fall... with nominal GDP contraction of more than 26 percent. When broken down, the figures reveal employees..., slightly slower than the 5.3 percent growth rate recorded in the previous quarter. Despite

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  8. General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln

    EconomyMacroeconomy

    million. In contrast, the state budget posted a surplus of 1.82 billion, 364 million less than last year... an increase in SSF and tax refunds’ arrears by 188 and 156 million respectively more than offsetting a drop..., local governments and extrabudgetary funds, recorded arrears less than 400 million each in the January

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  9. Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    deductions of 3.17 billion euros in the 10-month period of 2016, 4 percent higher than last year’s figure... by less than 50 million from the previous month to 93.44 billion. The monthly flow remained volatile..., which have dragged the balance down by more than 23 percent over this period. The biggest rate

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  10. Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on Tuesday. The headline figure is better than the 0.5 percent QoQ rise recorded in the flash estimates... for Q3 is also better than the 1.5 percent growth rate reported in flash estimates. In addition, GDP... by 14.1 percent that more than offset a rise in goods by 10.7 percent. The Bank of Greece’s (BoG

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