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  1. Greek banks' NPL selloff gathers speed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    . Greek banks need to sell around 12 billion euros in bad loan portfolios in the next two years... another package of non-performing loans of small enterprises, totalling roughly 1 billion euros, which

    6%

  2. Budget primary surplus confirmed at 2.75 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    revenues rose by 3.4 percent to 2.66 billion. On a monthly basis, indirect taxes rose by 12 percent... to 4 million euros, up by 1 million against January’s figure, and below target by 4 million euros

    6%

  3. Greece seeks better relations with Albania as wariness of Turkey grows
    Photo via @ditmirbushati

    PoliticsForeign Policy

    issues. These include the delineation of the Exclusive Economic Zone (EEZ) and the extension to 12..., which would allow the finalisation of Block 1 in the Ionian Sea, where hydrocarbon research is already

    6%

  4. Tourism accounts for 27.3 pct of Greek GDP in total, study shows

    EconomyFeatures

    has on the economy, in that for every 1 euro in tourism revenue, the country’s GDP grows by 2.65... percent) and the Ionian islands (12 percent). Broken down by direct revenue contributions to regional

    6%

  5. Marginal increase to 20.8 pct for Feb unemployment rate
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for this group to 26.1 percent. The lowest unemployment rate was recorded in the 65-74 group with 12 percent, the highest remains in the below 24 years bracket at 45.4 percent, although slightly improved by 1

    6%

  6. Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
    Photo by MacroPolis

    EconomyMacroeconomy

    Macedonia (12 percent). The three largest rises were noted in the Ionian islands (+43.2 percent... as a whole, the decline in property prices came to an average drop of 1 percent, improving against

    6%

  7. Eurogroup marks end of cycle and squaring of circle for Greece
    Photo via Fosphotos

    Agora

    privatisations (expected at 2 billion in 2018 and over 1 billion in 2019) set the current cash buffer plan at 18... financing needs for 12 months after the end of the programme, while 20.3 billion is needed to fully

    6%

  8. Eurogroup agrees on significant debt relief measures for Greece

    EconomyProgramme

    to begin paying around 1 billion euros annually in interest from 2023, as had previously been... for liability management such as buying back debt held by other creditors. This means that just under 12

    6%

  9. Newsletter 167 -22/06/2018

    Newsletters

    and amortisation means that Greece does not need to begin paying around 1 billion euros annually... management such as buying back debt held by other creditors. This means that just under 12 billion euros

    6%

  10. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    this year only to meet their tax obligations. This year’s tax freedom day is expected to fall 12 days... very slightly by 0.2 percent in 2017. Workers taxes on average were 1 percent higher than 2010

    6%