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Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBankingof 2016. Gross loans increased by more than 1.4 billion euros QoQ to 66.6 billion in Q4, yet..., aggressive cost management and lower cost of risk, while foreign asset disposals are estimated to have
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Newsletter 116 - 28/04/2017
of collective bargaining after the end of the programme in summer 2018) had not yet been resolved... percent and estimated additional investments until the expiration of the concession in 2051. Credit
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HRADF outlines major privatisation plan, no timelines given
EconomyProgramme(financial, legal and technical) have yet to be selected for seven privatisations, which mostly include... euros. For 2018, privatisation revenues are estimated much higher, at 2.74 billion. Most
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Manufacturing wage cuts were turned into profit, GSEE study claims
EconomyFeaturesmanufacturing costs from the customer appears to have ended in 2016, though the results have yet to be felt... period between 2010 to 2016. An estimated 70,000 salaried jobs in the manufacturing sector were
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Fourth review nears conclusion, clearing path for debt relief agreement
EconomyProgrammeof this surveillance has not yet been confirmed but the “enhanced supervision” should be in place for at least...-up margin on loans that were extended in 2012, which would save Athens an estimated 220 million
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Coalition closing in on goal of cancelling pension cuts
PoliticsGreek Politics. The fiscal impact of the entire package is estimated at 766 million euros in the draft budget. Going into Thursday’s EWG, it was reported that the European Commission and Athens had not yet bridged
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New court verdict adds to concern about impact of backpay on fiscal balance
EconomyProgrammebillion euros. The legal process could yet prove lengthy and it is likely that this potential problem... euros, which was scrapped in 2012. It is estimated that up to 800,000 people working in the wider public
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Newsletter 188 -21/12/2018
that Saridis will support the coalition from this point onwards. Saridis, however, has not yet indicated... referred the matter to the court’s plenary because of the seriousness of the case. It is estimated
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ND keeps pressure on PM over minister as Tsakalotos muses on fiscal targets
PoliticsGreek Politicsnot yet explained how they would fund the tax cuts they have pledged as well as the remainder... for economy [Giorgos Houliarakis] in the budget debate estimated that the cost of their announcements
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Athens adjusts foreclosure framework, waits for lenders to give green light
EconomyProgrammethat Greece has not yet fulfilled all its pledges. But he expressed confidence that the outstanding... is estimated to be around 650 million euros in ANFA and SMP profits plus around 330 million euros
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