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Tuesday, 26 November 2024
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Athens Macedonian News Agency: News in English, 14-08-28Athens News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Athens News Agency at <http://www.ana.gr/>CONTENTS
[01] Amendment for ENFIA extension payment submitted to parliamentANA/MPA---The amendment for the extension of the payment of the first installment of the Real Estate Ownership Uniform Taxation (ENFIA) was tabled in Parliament on Thursday along with the bill for aquaculture, which is currently being discussed in the Parliament.The amendment provides that ENFIA payments are not considered overdue until September 30. The amendment was signed by Finance Minister Gikas Hardouvelis and Rural Development Minister George Karasmanis. [02] Bank credit to private sector fell further in JulyANA/MPA---Bank credit to the domestic private sector remained negative in July, with the annual growth rate of total credit extended to the domestic private sector at -3.7 pct, from -3.5 pct in the previous month, the Bank of Greece said on Thursday.The central bank, in a monthly report, said that the net flow of total credit to the domestic private sector was negative, amounting to 1,160 million euros (July 2013: negative net flow of 855 million). The net flow of credit to corporations, in July 2014, was negative, amounting to 707 million euros (July 2013: negative net flow of 482 million), and the annual growth rate of credit stood at -4.9 pct, compared with -4.7 pct in the previous month. In particular, the annual growth rate of credit to non-financial corporations stood at -4.8 pct, compared with -4.7 pct in the previous month, while the net flow of credit to non-financial corporations was negative and equal to 465 million euros (July 2013: negative net flow of 449 million). The annual growth rate of credit to insurance corporations and other financial intermediaries stood at -7.4 pct, in July 2014, compared with -4.1 pct in June 2014. In July 2014, the net flow of credit to individuals and private non-profit institutions was negative, amounting to 322 million euros (July 2013: negative net flow of 412 million) and its annual growth rate stood at -2.9 pct, from -3.0 pct in the previous month. A continuing reduction of bank credit cut the total of debt of enterprises and individuals to banks to 213.8 billion euros in July, from 222.4 billion a year earlier. Mortgage loan debt fell to 70.3 billion euros from 72.2 billion euros, while consumer loan and credit card debt eased to 27.6 billion euros form 29.2 billion in July 2013. [03] PPC reports lower profits in H1ANA/MPA---Pubic Power Corporation (PPC) on Thursday said its revenues fell by 4.0 pct in the first half of 2014 hit by lower demand and a reduction in high- and medium-voltage electricity rates. Demand for electricity energy fell by 7.8 pct to 26,951 GWh in the January-June period from 29,217 GWh in the same period last year.PPC said net after tax earnings fell to 57.7 million euros in the first six months of the year, from 62.8 million in the same period last year. Arthuros Zervos, chairman and chief executive of PPC, commenting on the results said more attention was needed in forthcoming institutional changes in market operation and in a rising trend of provisions. Athens News Agency: News in English Directory - Previous Article - Next Article |
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