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Newsletter 76 - 03/06/2016
, compared to a 9 percent rise for higher income groups. It also found that the bottom three income groups
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Trade deficit soars 21 pct in April for highest rise since Dec 2014
EconomyMacroeconomydropped by 10.1 percent. In addition, imports from EU and non-EU countries fell by 5.1 and 9 percent
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The enemy within
Agora, compared to a 9 percent rise for higher income groups. It also found that the bottom three income
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CPI falls at decelerating pace of 0.9 pct in May
EconomyMacroeconomymonth, CPI fell by 0.4 percent, largely due to a drop in clothing and footwear prices by 9 percent
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agoraof their gross loans. In its credit outlook released on June 9, Moody’s said that Greek banks
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NBG completes sale of Finansbank to Qatar National Bank
EconomyBanking2.03 billion euros it had issued on December 9 in the context of its last capital increase
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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomypercent), accommodation and food services (9 percent) and education (8.2 percent). The latest figures
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Lower foreign arrivals lead to 7 pct drop in April travel receipts
EconomyMacroeconomy-dingle digit growth of 9 percent was recorded in arrivals from the UK. On the flipside, arrivals from
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Study estimates tax evasion costs taxpayer up to 16 bln annually
EconomyTax evasion in Greece is estimated to range from 6 to 9 percent of GDP, involving tax losses from 11 to 16 billion a year – the equivalent of almost one third of public revenues – according to a new study conducted by Ernst and Young for the Athens-based think tank Dianeosis. In specific, the study
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Tsipras gauges EU mood on Brexit as gov't strives for support on change to electoral system
PoliticsForeign Policyto be adopted immediately. The Union of Centrists (9 MPs) has said it will back the overhaul. Its
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