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Athens waits for credit rating upgrade as 10-year yield drops to new low
Economywith the yield settling at 0.095 percent. On October 8, Greece’s Public Debt Management Agency
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeatures, accounting for 65 percent of all permits granted. This was followed by Turkey (8 percent), Russia (7 percent
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Greece falls to 79 out of 190 economies in ease of doing business ranking
EconomyFeaturesdropped by more than half, from 19 to 8, which is below the OECD average of 10.3. The time involved
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Deposits drop by 622 mln in Sept after six months of inflows
EconomyMacroeconomypositive inflows of 5.19 billion. This is equivalent to a decrease of approximately 8 percent
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Brussels gives Athens thumbs-up for reforms and budget
EconomyProgramme-term growth will depend crucially on investments that currently stand nearly 8 percentage points below
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammeto the reminder 8 percentage points of deterioration in the debt-to-GDP ratio as the primary
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBanking) dropped by 1.1 billion euros and stood at 8 billion. This led the group NPL ratio to stand at 24.4
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Trade deficit drops by 5.4 pct in October as both imports and exports fall
EconomyMacroeconomypercent. Exports to EU countries rose by 8 percent, while those to non-EU countries fell by 6.3
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Mitsotakis pledges more tax cuts in 2020 amid police violence claims
PoliticsGreek PoliticsWednesday night’s vote on the 2020 budget, which saw the economic plan approved by just the 158 New Democracy MPs, was dominated by Prime Minister Kyriakos Mitsotakis announcing further tax cuts for 2020. Mitsotakis said that the ENFIA property tax will be reduced by another 8 percent on average
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Newsletter 233 - 20/12/2019
tax will be reduced by another 8 percent on average, following a 22 percent reduction this year. While
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