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Gov't proposes easing impact of pension reforms on self-employed for three years
Economynew social security contributions, starting from 50 percent for annual net income up to 10,000 euros... to data provided by the Labour Ministry, self-employed with annual net income below 10,000 euros... rise of 0.2 percent and lawyers a 10.1 percent rise in their disposable income. For higher net
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Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBankingFollowing Eurobank, Alpha also reported net loss of 533.1 million euros in the fourth quarter (Q4...). For the whole of 2015, Alpha recorded net loss of 1.37 billion euros from 329.8 million in 2014. Excluding... showed net interest income (NII) eased 0.4 percent QoQ to 486.5 million euros, while fee income
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Commission sees lower Greek financing needs, provides timetable for course of programme
EconomyProgrammeof 0.3 billion, net financing needs amount to 15.3 billion. These would be covered by programme... billion result in net financing needs of 16.2 billion. Programme disbursement is seen at 18.2 billion... primary deficit is seen at 3 billion. Net financing needs are estimated at 5.2 billion euros
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Newsletter 80 - 01/07/2016
in May on net loan deductions of 357 million, the second highest figure in the course of this year... the beginning of the year, loan net deductions stand close to 1.5 billion, similar to those reported... earlier. Net deductions increased to 357 million euros in May, which is the second highest figure
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Finance Ministry says revenues beat revised target by 105 mln in July
EconomyProgrammeIn response to Wednesday’s press reports noting that net revenues in July fell short... million above the target of 208 million. Lower revenues coupled with higher tax refunds led net... tax refunds) beat the target by 621 million euros and net revenues by 261 million, according
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Greek stocks fall 1.5 pct, banks underperform for third straight week
Economyfor Eurobank improving its CET1 ratio by 27 bps. Grivalia Properties net profits fell by 76 percent to 5..., the company’s net asset value (NAV) stood at 846 million or 8.35 euros per share. Mytilineos net... net profits by 33.6 percent to 19.4 million with revenues up by 2 percent to 262.6 million, while
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Greek stocks rebound 2.4 pct, banks edge down for fourth successive week
Economy. Corporate news Coca Cola Hellenic (CCH) posted on Thursday a 2.4 percent rise in FX neutral net sales in the first half (H1), while accounting for the currency movements reported net sales fell by 3.4 percent. Comparable net profit increased by 6.1 percent to 150.4 million. On the same day, Hellenic Telecom
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Newsletter 89 - 23/09/2016
of the net monthly departures of 164,723. Despite the deteriorating performance in August, the year-to-date employment balance remains positive with net hirings of 237,817, which is a new 15-year... to lower net travel receipts. Although C/A performance worsened in July, the aggregate figures
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Greek stocks rebound 2.6 pct during week as banks lead way
Economyinvestment funds. Aegean Airlines reported net loss of 23.7 million in the first half (H1) compared to net profits of 14.8 million a year ago, while EBITDA was also negative at 20.1 million from... to 47.7 million from 48.3 million last year. Net Asset Value (NAV) stood at 756 million
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Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomy, implying a cushion of 230 and 139 million respectively against fiscal targets. Budget net revenues... significantly lower than expected SMP and ANFA revenues. Net revenues are seen slightly rising by 0.3... tax on corporate cars (91 million) On the expenditure front, the key interventions with a net savings
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