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Newsletter 140 -17/11/2017
. Additionally, further relaxation of capital controls were also announced, effective from December 1... falls of 0.4 percent and 0.7 percent, respectively. In other cities, prices fell by 1 percent
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Office prices slip by 0.7 percent in first half of 2017
EconomyMacroeconomy, the index remained flat while for the rest of Greece, it rose by 1 percent. The total index fell... and by 1 percent in the rest of Greece. For the 2016, the retail space rent index decreased by 1.8 percent
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E-auctions get underway as draft SLA is prepared
EconomyProgrammefor incomes. This means it would be implemented from January 1, 2019 along with the next round of pension cuts. Each measure is seen delivering 1 percent of GDP in savings/revenues. Greece and the institutions
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Mitsotakis rules out roles for relatives, Tsipras mulls way out of pension cuts
PoliticsGreek Politicsincreases it granted to civil servants. Nevertheless, the 1 percent of GDP in pension cuts loom large for Tsipras and his government. Their implementation from January 1, 2019 also feeds
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Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
EconomyProgrammeof 1 percent of GDP in 2019-2022 and a personal income tax reform to be implemented in 2020 and delivering net savings of 1 percent of GDP in 2020, 2021 and 2022 The pensions and income tax reforms
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Turnover in tourism sector up 13.9 pct in Q3, positive for fifth consecutive quarter
EconomyMacroeconomywithin the EU increased by 1 percent to 1.01 billion. Receipts from Russia increased at the strongest... to 26 million in 2017. Furthermore, travel receipts are foreseen to increase by at least 1 billion
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New overdue tax obligations up by 1.18 bln in October, total at 99.75 bln
EconomyMacroeconomyof overdue obligations, including legacy and new tax debt, rose by around 1 billion euros 99.75... forced collection measures increased by nearly 23,000 individuals month-on-month to over 1 million.
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Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
EconomyMacroeconomynot fallen below the 1 million mark since Q3 2011. The largest increase in employment in Q3... straight quarter and edged up to 20.5 percent in Q3. The number of long-term unemployed (over 1 year
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Athens facing final steps in third review as next milestones identified
EconomyProgramme, with another 1 billion to follow subject to e-auctions and the reduction of arrears progressing. During his... the introduction of e-auctions for debts to the state from May 1, the divestment of lignite units followed
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Hydrocarbons add to tension between Turkey, Greece and Cyprus
PoliticsForeign Policyconfirmed that it had made a lean gas discovery in Block 6 with Calypso 1 NFW. “An intensive and detailed data collection (fluids and rock samples) has been executed on the well. Calypso 1 is a promising gas
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