Search
-
Apartment prices fall at an accelerating pace of 6.1 pct in Q3
EconomyMacroeconomypercent and 1 percent in 2017. These forecasts were based on the institutions’ summer projections... to a recession of 1.4 percent this year. In the 2016 budget tabled in Parliament on November 20
11% -
Greece and lenders seen inching towards deal on ADMIE
EconomyProgrammehas to implement to receive the next sub-tranche of 1 billion. According to government sources cited.... The privatisation process calls for the sale of 20 percent to a strategic partner, a European firm specialised
11% -
Gov't hopes deal with lenders on prior actions will prove politically palatable
PoliticsGreek PoliticsGreece and its lenders have reached an agreement on the details of the 13 prior actions the government will have to pass to trigger the release of another 1 billion euros in bailout funds... around 20 percent to a strategic investor. The agreement also allows the Greek state to have
11% -
Deflated SYRIZA shuns broader political cooperation for now
PoliticsGreek Politicsinstalment of 1 billion euros. Given that the talks had concluded and sensitive issues such as pension... to the “parallel programme” that SYRIZA has spoken about before the September 20 elections. This is the idea
11% -
Piraeus port privatisation moves a step closer
EconomyBanking. The agreement, which has been effective from October 1, 2009, involved the management of OLP’s Piers II... operator - could purchase a share of around 20 percent. The remaining 29 percent would be free floated
11% -
Eurobank sells insurance arm to Fairfax for 316 mln
EconomyBankingthe transaction, Eurobank will retain a 20 percent stake in Eurolife. The cash consideration for the 80 percent stake sale stands at 316 million euros and is estimated to improve Eurobank’s Common Equity Tier 1
11% -
Addressing some misconceptions about Greek budget revenues and unpaid taxes
Agora38.4 billion euros in the 11-month period. This means they exceeded their target 1 percent or 393.... This corresponds to 20 percent of ENFIA that was due but not paid. Effective new tax debt Since
11% -
Gov't hits back as pension reform row heats up
EconomyProgrammeof the government’s unofficial statement: 1) Any comparison of the new pension levels with those included... and up to 20 insured years, which indicate that new pensions will be higher by up to 5 percent vis-à
11% -
Newsletter 57 - 08/01/2016
that they should have been adjusted in May 2015. For most areas, the adjustment will result in a 10–20 percent... equivalent to 1 percent of GDP is expected to be the most complicated part of the first review
11% -
S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
Economygrowth of 3 percent per annum in 2017-19. For 2016 in particular, the key drags to GDP involve: 1) Banks... proceeds of 20 billion. A successful completion of the programme review could allow Greek government
11%