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  1. Unpaid taxes ease to 1.16 bln in Feb, collections progress at stable rate

    EconomyMacroeconomy

    -offs of 100 million. The overall stock of new and legacy debt stood at 75.73 billion euros at the end... for tax settlement, which runs until May, provides for up to 100 instalments for the payment of unpaid

    2%

  2. New unpaid taxes rising steadily, reach 3.5 bln in Q1

    EconomyMacroeconomy

    a new law on the settlement of tax arrears in up to 100 instalments. The initial fast-track process... for 51 – 100 instalments the cut in surcharges stands at 55 – 30 percent. The Greek government

    2%

  3. Greece submits proposals to lenders in hope of paving way for agreement

    EconomyProgramme

    will legislate to eliminate opportunities for income tax avoidance, require 100 percent advance payments... expenditure by 100 million in 2015 and 200 million in 2016 compared to 400 million in the institutions

    2%

  4. Early rounds of talks with lenders focus on possible prior actions

    EconomyProgramme

    in 100 installments and subsidies to the Hellenic Sugar Industry (EBZ). MoF sources also indicated... in Piraeus (OLP) and Thessaloniki (OLTH) Port Authorities and 100 percent in Trainose (operation

    2%

  5. National Bank reveals capital plan, which includes sale of whole Finansbank stake
    Photo by MacroPolis

    EconomyBanking

    in particular, the proposed exchange offer stands at 100 percent of nominal value. The bank aims to raise capital up to 0.8 billion for the LME. The last key pillar involves the sale of 100 percent of its

    2%

  6. Eurobank presents 2.12 bln equity raising plan to cover capital needs
    Photo by MacroPolis

    EconomyBanking

    securities exchanged at 100 percent of nominal value, 267 million to Tier 2 securities (at 80 percent... (1:100) will take place concurrently with the capital increase. This is inevitable since the current

    2%

  7. Newsletter 50 - 06/11/2015

    Newsletters

    . However, as a two-thirds majority has been achieved, Piraeus has the right to convert the 100 million... summit of July 12. It is noteworthy that NBG’s capital plan also includes the sale of 100 percent

    2%

  8. Greek banks' capital actions underway, state aid seen as low as 4.7 bln
    Photo by MacroPolis

    Economy

    split (1:100). NBG NBG initially announced it would seek to raise 1.6 billion from the non-preemptive...) decisions. The EGM held on November 15 also approved a reverse split (1:100). Summing up, the four systemic

    2%

  9. Gov't postpones discussion on parallel programme ahead of tranche approval
    Photo by MacroPolis

    Economy

    process, while it added that the total cost is “extremely low at around 100 million”. The only... of the criteria for the beneficiaries of health and medical support (100 million), the re-granting

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  10. Newsletter 57 - 08/01/2016

    Newsletters

    the advance corporate income tax has risen to 100 percent, from 75 percent. For the self-employed, there is a similar increase in their advance income tax, from 55 to 75 percent, and further to 100 percent

    2%