Search
-
EU's temporary framework for state aid in response to Covid-19 outbreak
Legalthe 2020 Temporary Framework 1. Direct Grant or Tax Advantages Under the Temporary Framework, the Member...) on the basis of the maturity of the loan (1 year, 2-3 years or 4-6 years), credit risk margins, ranging... at an interest rate, which is at least equal to the base rate applicable on 1 January 2020 plus the credit
29% -
Poor poll figures leave Samaras in quandary over next move
PoliticsGreek Politicssupport for SYRIZA reaching 36 percent, against 25 percent for New Democracy. Poll by @publicissue for @EFSYNTAKTON: SYRIZA 36%, ND 25, Potami 9.5, G Dawn 7.5, KKE 6.5, PASOK 5.5, Ind Greeks 4, DIMAR 1 #Greece — MacroPolis (@MacroPolis_gr) September 27, 2014 Although the 11-point lead is important
29% -
Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
EconomyBankingby the end of 2021. Hercules is due to take up to 36 billion euros of the stock off the balance sheets... that are eligible for the 800-euro benefit granted by the Finance Ministry. The BoG says that roughly 36 percent... of the year will exceed 1 billion euros. The BoG notes that despite the record tourism seasons
29% -
Rise of smaller parties a barrier to decisive result in first elections
PoliticsGreek Politics, up by 1 point since earlier in the month. Ellines is unchanged, on 3 pct. On Thursday, former... threshold, the seat distribution would be 116 for ND, 93 for SYRIZA, 36 for PASOK, 23 for KKE, 18... 116 seats and PASOK’s 36 would create a coalition with a slim, 2-seat majority. The option
29% -
Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politicsforeseeing a deal that would last until September 1. This means the longer interim deal would include... last week that the government would commit to primary surpluses of 1 to 1.5 percent of GDP instead... be part of the negotiations also including the type or combination of debt swaps. The fourth and final
28% -
Newsletter 23 - 17/04/2015
that an additional 1 billion euros in NPLs was created in March. If confirmed, this three billion... tier 1 (CET1) ratios stood at adequate levels at the end of 2014, ranging from 12.1 percent... by one notch to “CCC+/C”. It estimated that the Greek economy has shrunk by 1 percent over the last six
28% -
This is how things stand as bailout talks head for a brief pause
EconomyProgrammein 2018. There is also convergence on the type of fiscal interventions required to achieve this target... 1 percent of GDP. On pensions, on top of the measures already implemented last summer, which are meant to yield 0.5 percent of GDP, an additional 1 percent is required for the next years. Half
28% -
First review completed but more prior actions lie ahead for Greece
EconomyProgrammeand the independent revenue agency. Privatisations 1) Agreement with the institutions by the end of June... Development Plan by the end of August. Energy 1) The Regulatory Authority for Energy (RAE) has to proceed... for the implementation of the EU target model for the electricity market. Independent revenue agency 1
28% -
Newsletter 114 - 07/04/2017
involves Athens adopting 1 percent of GDP (roughly 1.8 billion euros) in new measures in 2019 and another 1 percent of GDP in 2020. The first set will be mostly made up of cuts to pension spending.... Manufacturing PMI dropped by 1 point to 46.7 in March, almost offsetting the increase of 1.1
28% -
Broadly stable rate in time deposits, corporate loan rates fall in Aug
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 1 basis point (bp) to 0.87 percent in August... was 36 bps in loans for amounts less than 250,000 euros, where the rate landed at 5.82 percent. Lower decreases of 19 and 4 bps were recorded for amounts higher than 1 million euros and between
27%