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Newsletter 18 - 06/03/2015
billion to the IMF in four tranches, on March 6, 13, 16 and 20. In addition Greece has to pay 1.08 billion... role across the board. Varoufakis also caused raised eyebrows when he said he was against the pay... and that he opposes the granting of pay rises at this stage. The difference of opinion over the PPC
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Newsletter 25 - 08/05/2015
ministers and SYRIZA MPs in recent days, our understanding is that the government will be able to pay... in social security contribution arrears. Going beyond May, Greece has to pay 1.54 billion to the IMF... debt redemptions, the key months are July and August when Greece has to pay back bonds, worth 3.5
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Survey highlights strain on mental health in Greece amid financial pressure
Societybecause they could not pay for it. In 2016, only one in four Greeks who needed primary healthcare.... At the same time, Greeks on average pay 21.10 euros a month out of their own pockets to pay
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Since 2010, declared income has plummeted but tax due has risen
EconomyFeaturesover the past few years. Specifically, more than one quarter (26.3 percent) of taxpayers did not pay... not pay any personal income tax in 2016, would have to pay tax as of 2019, assuming that their declared
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Newsletter 185 -30/11/2018
euros, as measured by the tax authorities, will see a 30 percent reduction in what they have to pay... specifically, the level of exposures that 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
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Newsletter 220 -20/09/2019
’ mission chiefs due in Athens on Monday Greece also submitted an official request this week to pre-pay... activity this week centred around plans to pre-pay almost 3 billion euros to the IMF ahead of schedule... repayment schedule, Greece is due to pay 2.1 billion euros per year up to 2021, dropping to 1.9
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Govt offers pensioners 1.4 bln in backpay, opposition questions decision
PoliticsGreek PoliticsThe long-awaited decision on compensating pensioners for retirement pay cuts ruled unconstitutional... might adopt a more generous interpretation of the ruling and award back-pay universally.... Pension back-pay is not the only legacy of the financial crisis that the government is having
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All eyes on Piraeus as share price tumbles amid coupon payment concerns
EconomyBankingthat took place in 2015, Piraeus Bank had issued 2 billion euros of convertible bonds (CoCos) that pay... Central Bank regulations as part of the pandemic-related framework, banks are not allowed to pay out... on the ability or not of Piraeus Bank to pay the CoCos coupon. The bank has set aside 165 million
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ND warns of fiscal risk from SYRIZA pledges as Tsipras takes heart from Cyprus polls
PoliticsGreek Politicsto introduce inflation-linked pay rises for public sector workers, cuts to fuel duty and VAT... to elections. On Tuesday, Mitsotakis will address Parliament in support of a special bill on armed forces pay... the measures, which include a new pay scale and special benefits for the armed forces, to the death
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PM announces more voter-friendly measures ahead of polls
PoliticsGreek Politicsfor pensioners whose retirement pay did not increase this year due to the so-called “personal difference... with the 72- and 120-instalment schemes to pay off their dues to the state will be allowed to rejoin... by the energy crisis. If they pay an amount equal to two of the missing instalments, they will be allowed
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