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Government hopes offer of tax breaks and grants will spark growth boost
EconomyMacroeconomyor external funding under the condition that 25 percent of the total investment cost does not include any...), the total cost of subsidies and grants is estimated at 480 million euros in the 2016-2022 period... seven years to a total of 1.45 billion by 2031. The breakdown of the cumulative figure shows 573
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agoraimprove NII to a total (waiver and haircut) benefit of around 100 million euros per annum. Our analysis shows that under a best-case scenario, assuming that Greek banks participate at their total... a total amount of deferred tax asset (DTA) of 19.48 billion euros, making up 69 percent of TE. Alpha has
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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomyto total jobless notably fell by 4pp QoQ to 70.3 percent in Q1, its lowest level since Q3 2013. Part-time employment rose again to 9.8 percent of total employed in Q1, with 69.1 percent of part-timers... of the total employed also rose to 7.3 percent. In addition, the number of discouraged Greeks (available
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Tsipras unveils growth plan but little in way of new ideas
PoliticsGreek Politicson the often-repeated method of grants. The total cost of subsidies and grants via the development law... in the following seven years, reaching a total of 1.45 billion by 2031. He also said that a total of 6.75 billion
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Tourism and exports expect impact from Brexit fallout
EconomyMacroeconomyyear, visitors from the UK made up 9.2 percent of total foreign arrivals in Greece, while the corresponding travel receipts accounted for 14.3 percent of the total. In absolute terms, arrivals from... supplier to Greece. According to figures provided by the Panhellenic Exporters Association (PEA), total
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Coalition tweaks draft electoral law in hope of clinching supermajority
PoliticsGreek Politicsvotes, the Union of Centrists another 9 and KKE 15, taking the total to 177. Golden Dawn, which has..., it would take the total number of votes up to 195. Independent MP Nikos Nikolopoulos and Thanassis..., have said that they will support the bill, taking the potential total to 197. This means
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HELEX H1 2016 results show continuing drop in profits
EconomyMarket Commission fee, total consolidated revenue came to 14.2 million euros compared to 17.6 million, a drop of 19.3 percent. The drivers behind the fall in total consolidated revenue were cited as a drop.... Total operating expenses including new activities amounted to 8.4 million euros compared to 9.3
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Central government debt climbs to 328.3 bln in Q2 on bailout tranche of 7.5 bln
EconomyMacroeconomyfinancial aid of 212.7 billion euros in total. Of this 52.9 billion relates to the Greek Loan... residual maturity of total debt stock edged up to 16.67 years at the end of June, which... 80 percent of total, almost entirely due to the FSM loans’ maturities, while the remainder
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Lower bad loan provisions and increased write-offs for Greek banks in Q2
Economy. In Q1, bad loan provisions had risen by 1.13 billion, which brings the total increase... by 729 million in Q2 to a total of 869 million for H1. The aggregate figure for the 6-month period... of write-offs to a total of 1.45 billion for 2015. Since November 2002, from when figures
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Newsletter 87 - 09/09/2016
. The number of employed increased by 15,000 month-on-month, reaching 3.68 million in total. The number... and Italy, which makes a mockery of the total target of 160,000 by September 2017. Yet, when it comes... be aware that Slovenia has so far relocated the sum total of 60 people from Greece and another 14 from
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