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Bailout talks resume with key issues pending and contingency measures emerging
EconomyProgramme. The European Commission along with the Greek government see a fiscal gap of 3 percent to achieve... and with a different approach on what the proposed measures might yield, the IMF insists that the measures of 3
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Newsletter 71 - 22/04/2016
the institutions that there is no urgent need for the legislation of contingency measures worth more than 3 billion euros on top of the 5.4 billion (3 percent of GDP) agreed with lenders but it appeared to have
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Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes
EconomyMacroeconomyThe multi-bill tabled in Parliament on Wednesday evening included a set of parametric fiscal measures yielding around 1 percent of GDP that completes the 3 percent of GDP in fiscal interventions... sector attrition rule from the current 1 hiring for 5 departures to 1:4 in 2017 and further to 1:3
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Eurogroup sets conditions for disbursements totalling 10.3 bln to take place
EconomyProgramme. The first instalment, amounting to 7.5 billion, is due in June after the implementation of 3 outstanding... and this money will now have to be collected from the pensioners. 3) Completion of milestones
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Net profit of 87 mln for NBG in Q1
EconomyBankingpillar II costs, fees fell 3 percent QoQ to 73 million euros, while fee expenses related to pillar II... II bonds (nominal value) were sharply reduced from their peak of 16 billion in Q3 2015 to 3 billion
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Newsletter 75 - 27/05/2016
as a way of partly negating the recessionary impact of the 3 percent in GDP of austerity measures... just passed a package of legislation that any administration in Europe would have balked at: 3 percent
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Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
EconomyMacroeconomy. The expenditure breakdown showed salaries and pensions dropped 1.4 percent in April and 3 percent... target of 1.45 billion) 3) Consumption and non-allocated expenditure (at 235 million, at 15 percent
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PASOK and Potami aim to firm up joint platform
PoliticsGreek Politicsplace on July 3 and comes after several rounds of discussions between representatives of each party... what a struggle Potami faces, with the centrist party lagging below the 3 percent threshold
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Coalition's proposal for PR electoral system unlikely to clinch supermajority
PoliticsGreek Politicsยท Maintaining the 3 percent threshold for parties to enter Parliament The abolition (rather than a reduction... it would also not vote for the bill because it maintains the 3 percent of GDP threshold
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Coalition and opposition make proposal and counter-proposal in build-up to electoral law vote
PoliticsGreek Politicsthe next elections. Reports on Thursday suggested that the government might lower the 3 percent... the bill, given that they are currently polling around the 3 percent mark. If either, or both
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