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  1. Greece sees highest tax wedge increase among OECD countries in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    the denominator is the total labour costs comprised of gross wages and employer contributions... by 1.1 pp until 2016, while the respective OECD average has dropped by 1 pp over this period

    5%

  2. Disposable income rises slightly in Q4 for first time since Q3 2014
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that the employees’ total remuneration eased by 0.3 percent in Q4, after rising in the previous four quarters... of 25.3 percent since 2009. Taxes on income and wealth fell by 1.1 percent in Q4 after climbing

    5%

  3. Tsipras clears hurdle but isn't over finishing line
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    . The number of people affected is not yet clear, although Kathimerini estimated that 1.1 million out of 2.7... pensioners would lose money. The impact of these measures, which amount to 2 percent of GDP in total

    5%

  4. Industrial turnover up 24.5 pct in March for fifth straight month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and quarrying turnover rose by 50.6 percent but make up only a fraction of the total index. The geographical... increased by 1.1 points to -5.6 in April after falling by 1.6 points in the previous month. Moreover

    5%

  5. Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity

    EconomyMacroeconomy

    as the ECB announced on June 8 that the ELA ceiling for Greek banks would be reduced further by 1.1... of the total withdrawn liquidity. The collateral pledged with BoG and the ECB also fell by 2.7 billion

    5%

  6. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    decreased by 1.1 percent to 22.22 billion euros, overperforming the target by 550 million mostly due... in the 6-month period, almost spot on target. As a result, total expenditure dropped by 3.2 percent to 22.86

    5%

  7. Alpha Bank remains profitable in Q2, NPEs reduced further
    Photo by MacroPolis

    EconomyBanking

    in Greece last year. The management expects the full-year cost figure at around 1.1 billion... Liquidity Assistance (ELA) funding has been reduced by a total of 3.1 billion since March to 9.1

    5%

  8. Mitsotakis urges ND renewal, challenges PM over surplus
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    within the party’s structure. A total of 100 new members have been added over the last few months, many... that Athens would pay a maximum of 1.1 billion euros for the upgrade and that this would be spread over

    5%

  9. Office prices slip by 0.7 percent in first half of 2017
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    of H2 2014, which stood at 70.9. Broken down by area, nominal prime office spaces fell by 1.1..., the index remained flat while for the rest of Greece, it rose by 1 percent. The total index fell

    5%

  10. Retail sales fall for second straight month in Oct, with 0.8 pct decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 1.1 percent in October, entering further into negative territory after a drop of 0.8 percent... in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion

    5%