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Lack of time, lenders' demands back Greek gov't into corner
PoliticsGreek Politicsmade by both parties. One eurozone official told Reuters on Wednesday that the government has to “pay... out of cash and has more than 700 million euros to pay to the International Monetary Fund on May 12... summer obligations to the European Central Bank as May 20. It is difficult to see how the government
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Newsletter 38 - 07/08/2015
whether Greece is in a position to wrap up its third bailout in time to receive new funding to pay a 3.2-billion-euro bond held by the European Central Bank on August 20 or whether another bridge loan... remembering that voters have to pay several billion euros in income, property and road tax in the second
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Newsletter 48 - 23/10/2015
that parents would have to pay as a result of the new measure. He went on to suggest that Greeks who send... a good game to get elected, he will pay only lip service to the high ideals of fairness and justice... throughout the week. Since the European Central Bank’s Single Supervisory Mechanism (SSM) is expected
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Out with the old, in with the old
Agora, though, is that the government set no other significant criteria than who was able to pay the highest... was to fail to pay personal contributions to the retailers’ pension fund in 1981, when she... jobs at the lender. The central bank’s decision was accompanied by a raid on the offices of a company
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Newsletter 90 - 30/09/2016
is a crucial month for revenue collection, since individuals are due to pay a total of more than 1.8... with the necessary funds to pay the first instalment of his bid by Monday’s deadline... in central Athens and the two men held talks in a friendly atmosphere. In doing so Tsipras showed
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Greek government faces hard labour dilemma
PoliticsGreek Politics. That would bring in more collective layoffs at medium-sized and large firms, fewer specialised pay scale categories, and, crucially, limit union influence by changing funding rules. Pay scales would... Minister Euclid Tsakalotos was elected to the party’s new central committee as its most popular
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BoG reveals number of indebted borrowers, details business NPEs
EconomyMacroeconomyexposures overdue for more than 90 days (28 billion) and those unlikely to pay (30 billion). According... ‘unlikely to pay’ exposures accounted for 27.6 percent of the total figure. More than 14 percent... (SSM) of the European Central Bank to reduce their huge NPE stock by 37.6 percent or by 40 billion from
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BoG highlights areas of concern in underlying NPE data
EconomyBankingthat are unlikely to pay and those in delay between 1 and 90 days are important indicators for the direction of credit risk. Unlikely to pay exposures stood at 27.8 billion euros, which is 31 percent of NPEs..., the central bank goes into detail about the issue of non-performing exposures (NPE), the composition
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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammethat it can pay off early at least some of the 10 billion euros it owes to the International Monetary.... However, it had underestimated the importance and attention that the lenders would pay to the new... profits from eurozone central banks, which is worth 644 million euros, and abolishing a step-up
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SYRIZA tries to build on "positive" measures but polls yet to register bounce
PoliticsGreek Politicsfull-month’s pay, is a pre-election gimmick. In a speech in Larissa, central Greece, on Wednesday... of the measures and that extra revenues are expected from the schemes allowing debtors to pay off
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