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ECB tests find negligible capital shortfalls at Greek banks
Economyfor capital needs was based on the agreed restructuring plans (dynamic model) rather than the end-2013 figures (static model). The ECB noted in its country results that the aggregated capital shortfall.... Eurobank Under the static model, Eurobank showed a capital shortfall of 4.63 billion euros, which
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Agreement on third bailout with revised fiscal and macro targets, host of prior actions
EconomyProgrammein the excise on diesel oil for farmers, tightening the definition of what constitutes a farmer and better... of the privatization plan undertaken by the Hellenic Republic Asset Development Fund (HRADF). Announcement of binding
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Storm fallout sweeps PM to crucial juncture early in second term
PoliticsGreek Politicsto take into account the extra outlay necessary to compensate homeowners, farmer and other businesses... voters’ trust in his administration and finding a way to make meaningful changes that increase
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OPEKEPE inquiry sparks new political clash as despondent public looks on
PoliticsGreek Politics– a Cretan farmer and former New Democracy member nicknamed “Frappé” - will not testify. His refusal..., the headline finding is political mood: 60 pct of respondents prefer political change, compared with 39 pct
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Newsletter 1 31/10/2014
on the dynamic (agreed restructuring plans after the end of 2013) rather than the static (end-2013 figures) model... involves the capital surplus that Greek banks showed under the dynamic model, which reached 10.7... lender that passed the stress tests under the static model even without taking into account
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Why Greece’s ‘also ran’ parties are crucial
Agoracontestant run by a farmer in northern Greece called “Independent Innovative Left, Renewed Right... by these small parties totals 5 percent, for example, the winning party would need 38.4 percent to take
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EP president visit and winding up of rail crash inquiry cast spotlight on rule of law concerns
PoliticsGreek PoliticsAn official visit to Athens by the President of the European Parliament Roberta Metsola gave Prime Minister Kyriakos Mitsotakis an occasion to hit back at the recent resolution passed by European lawmakers expressing concerns about the rule of law in Gr...
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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High unemployment, falling wages damaged sustainability of largest Greek pension fund
EconomyMacroeconomyfund has lost a cumulative amoung of 16.5 billion in the 2010-14 period. In addition, this is a result
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