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Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues
EconomyMacroeconomyin the last quarter of the year, which correspond to 4.42 billion per month compared to an average of 4.15... to lower than initially estimated revenues in the coming months. Indirect taxes improved 7.5 percent
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Contrasting views on Cyprus breakdown; Greek role under scrutiny
PoliticsForeign Policystate would cover between 28.2 percent (as per the Greek Cypriot side’s suggestion) and 29.2 percent... they would not accept more than 65,000 people even though the UN had estimated that the numbers
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Athens goes over energy plans, eyes enhanced role
PoliticsForeign Policyto 20 billion cubic metres per year in order to allow the transportation of multiple sources of gas... will be around 1,518 km. The project is due to start in June 2017. It will cost an estimated 29 million euros
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PM's Washington visit looms over domestic politics, review schedule
PoliticsGreek Politicsand to simplify licence procedures. He said that 120,000 new jobs could be created per year based... on. It is estimated that only between 15 and 20 of the 95 prior actions included in the third review have
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Manufacturing wage cuts were turned into profit, GSEE study claims
EconomyFeaturesin the manufacturing sector, where the cost of production fell by 37.5 percent per unit. This is in part... period between 2010 to 2016. An estimated 70,000 salaried jobs in the manufacturing sector were
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesa clause which fines DEPA an estimated 10,000 euros per day. The issue is causing friction between
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Newsletter 183 -16/11/2018
will reportedly gain between 200 and 4,700 euros per year as a result of the reduction.... The fiscal impact of the entire package is estimated at 766 million euros in the draft budget. Going
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Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBankingcompared to -199 million in Q2. The formation was at the lowest level per quarter in the year so far. NPE... have around 36,000 properties as collateral with the commercial value estimated at around 2.9
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Newsletter 188 -21/12/2018
annual bonus reinstated that would bring the total to 800 million euros per year on an ongoing basis... referred the matter to the court’s plenary because of the seriousness of the case. It is estimated
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EastMed pipeline close to high-level agreement, but still a long way from becoming reality
EconomyFeaturesper year of natural gas into the European grid. A number of international agreements have been signed... 2015 Glaucus - Cyprus 142-227* 2019 *estimated Source: Tagliapetra 2017, Exxon-Mobil The recent
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