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  1. Athens and creditors edge closer on tax and pensions but gap remains on NPLs

    EconomyProgramme

    working years and a higher rate for those with more than 25 years, with the end-rate seen at 2.2... Ministry is aiming for cuts to be applied only to total pensions (main and supplementary) above 1,400

    5%

  2. Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
    Photo by MacroPolis

    Agora

    for the whole of 2015 eased 2.2 percent year on year (YoY). This is largely attributed to a sharp..., with a consequent positive impact on their operating income. The breakdown of the total ELA eligible collateral

    5%

  3. Greece tops EU tables for lawyers but also pending administrative court cases
    Photo by Joe Gratz via Flickr https://flic.kr/p/bkUna

    Society

    , from 4 in 2011. By 2014, the most recent year covered by the release, the rate had fallen to 2.2..... General government total expenditure on law courts was lower in Greece than among most western

    5%

  4. Marginal net losses of 2 mln for Alpha in Q1
    Photo by MacroPolis

    EconomyBanking

    Alpha was the last of the four core Greek banks that released its first quarter (Q1) results this week, showing a marginally negative bottom line of 2.2 million euros from 115.8 million... in March entailing a liquidity buffer of 3.1 billion. In more detail, from the total ELA collateral pool

    5%

  5. Greek stocks climb 3 pct on week, banks post double-digit gains
    Photo via www.helex.com

    Economy

    in Q2 from 2.2 million in Q1, while core pre-provision income (PPI) slipped 0.5 percent quarter... of total) after having exercised its rights under a pledge agreement securing a loan granted

    5%

  6. Industrial production up for fourth straight month in July with 4.1 pct rise

    EconomyMacroeconomy

    , the latter makes up only a fraction of the total index. Three of the five main industrial groupings... confidence indicator showed it rose for the third straight month by 2.2 points to -5.1 in August

    5%

  7. Industrial turnover sees 21st straight month of decline with 5.9 pct fall in July

    EconomyMacroeconomy

    and quarrying retained an upward trend, rising by 4.5 percent, but makes up just 6 percent of the total... Commission improved for the third successive month, rising by 2.2 points to -5.1 in August.

    5%

  8. Greece drops three places to 61st in World Bank's ‘Doing Business’ ranking

    Economy

    procedures, takes 13 days and costs 2.2 percent of income per capita, all unchanged from the previous... payments per year, taking 193 hours, while the total tax rate stands at 50.7 percent of profit. World Bank

    5%

  9. Review delay brings Greek liquidity needs back into focus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    in 2015. At that time, the ESM issued 3 bonds with a total nominal value of 5.4 billion euros, of which 1.6 billion matures on February 27, 2017, 1.6 billion in August 2017 and 2.2 billion in February 2018

    5%

  10. Credit contraction slows again in Nov, falling to 1.3 pct on additions of 62 mln
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    additions in November, the total outstanding loan balance edged up to 198.5 billion from 198.17... almost 2.2 billion. The lending flow in the consumer credit sector remained modest with net deductions

    5%