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Tourist arrivals in Greece up 18.7 pct in 2013 but lower average spending points to missed potential
Economyyear on year to 604 euros, remaining 38 percent lower than that of Spain (976 euros). In contrast... respectively. Compared to its competing destinations, Greece’s share is only lower than Cyprus (6.8 percent... travel spending to fall by 1.5 percent in 2014 and rise by 6.4 percent per annum until 2024. Lower
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Mitsotakis pledges tax cuts and reforms, hopes for lower fiscal targets
PoliticsGreek Politicsat the Thessaloniki International Fair (TIF) last weekend and set out his proposals, which included lower taxes... the lenders to lower Greece’s fiscal targets. Taking to the stage a week after Prime Minister Alexis... in Thessaloniki), lower the tax on dividends to 5 percent, increase the threshold for submitting VAT
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Tsipras and Erdogan keep conversation going despite lack of specific gains
PoliticsForeign Policyscope of his visit to Ankara by underlying that "we should first lay the foundations and then build..., he said he expected more cooperation from Greece on their extradition. Earlier, Turkey's Interior
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Govt’s “zero tolerance” approach to violent protest provokes accusations of authoritarianism
PoliticsGreek Politicsa continuum between violent protest and terrorism, and to lay the political responsibility... the police’s actions, with former Interior Minister Alexis Charitsis calling them a “paroxysm
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Tsipras resignation opens up debate about SYRIZA's future
PoliticsGreek Politicspolitical secretariat is now expected to convene over the weekend to lay out the roadmap for leadership... served in the interior ministry before becoming development spokesman in opposition. A third name which
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Newsletter 86 - 02/09/2016
by 0.2 percent quarter-on-quarter (QoQ) in the second quarter (Q2), a rate slightly lower than the 0.3... this week, showed improving trends in core pre-provision income (PPI), largely on the back of lower... bonds as well as a rebound in fee income. Meanwhile, ongoing deleveraging resulted in lower loan
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Greece’s first bailout, lenders and their pledge to maintain debt exposure
EconomyProgrammemust also reflect the lower market value of Greek government bonds that were left on their balance...,” the document says. Several chairs of the board, from Argentina, Brazil, India, Russia and, “much
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ND eyes start of recovery as public interest in Tempe issue appears to wane
PoliticsGreek Politicswith 49 pct, which is eight points lower than last month. Nevertheless, in response to a different... have strong ties and strategic alliances with Israel, India and Saudi Arabia,” added the Greek PM. “Our
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Greek primary budget surplus to August narrows to 1.95 bln on lower revenues
Economybillion better than its target. The year to date outperformance is entirely due to lower..., budget surplus is lower by 32 percent and budget deficit is higher by 13.9 percent. However, numbers.... According to the MoF, the revenue underperformance in the eight months reflects lower property taxes (by 546
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Budget primary surplus at 3.55 bln in 8-month, below target on lower revenues, higher tax refunds
EconomyMacroeconomyan underspend versus the target by 1.20 billion. The MoF said that the lower-than-expected expenditure... million, lower social security spending by 120 million and allowances to families with many children... billion, 1.18 billion lower than the target. PIB PIB revenue stood at 125 million euros in August, 28
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