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PM hopes to avoid stumbling blocks amid numerous outstanding review actions
PoliticsGreek Politicsas only around 20 of the 95 prior actions have been carried out. Finance Ministry officials told... out as much as 1 billion euros to various social groups at the end of the year. The coalition sees
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Sub-tranche for arrears approved as round of review talks draws to close
EconomyProgrammesuggested that the figure could be in the region of 1 billion euros, or around 0.5 percent of GDP. However... actions required, of which only around 20 have so far been completed.
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Why it makes sense for ESM to swap Greece's IMF loans
Agorain a cushion of 20 billion euros of programme financing being left aside. To date, the ESM has disbursed... exceeds 1 percent of GDP until 2013, when it drops to 0.7 percent. The IMF loans also represent a decent
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Athens set to profit from falling borrowing costs as yields drop ahead of review completion
EconomyFeatureswere a strip of 20 issues that matured between 2023 and 2042, with escalating coupons that started at 2... Management Agency (PDMA) rolled over on Wednesday a 3-month T-bill with a yield that fell below 1 percent
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BoG sees ample capital space for banks to sell bad loans
EconomyBankingfor the sale starts at 3 percent of the portfolio’s nominal value, up to 20 percent. This is measured.... The analysis finds that in scenario 1, Greek lenders can sell the entirety of the consumer loan
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Athens prepares for bond issue, eurozone works on growth/debt mechanism
EconomyProgramme. Provisions reportedly include a ceiling of 1 percent of GDP on annual interest payments and a 2... in, extending the 15-year grace period to 20 years. The package could also include the ESM using
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Airport redevelopment gets green light, leaving one prior action as lenders return to Athens
EconomyProgrammeto 1,900. Also, Piraeus Bank said it would conduct its fourth round of electronic auctions on March 20.... Starting on May 1, auctions for debts to the state will also be included in the online platform. Post
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Finance Ministry waits for new property values as talk of bad bank gathers pace
EconomyProgrammean AMC, called Estia, although the intention is for it to only handle around 1 billion euros in bad... its NPL problem. However, Naftemporiki newspaper estimated on Monday that around 20 billion euros
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Greek banks' NPL selloff gathers speed
EconomyBankinganother package of non-performing loans of small enterprises, totalling roughly 1 billion euros, which.... Piraeus Bank expects to reduce the NPE balance to under 20 billions euros by 2020, and the NPL balance
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EC forecast acknowledges pressure on Greek households, revises down growth
EconomyMacroeconomy20 percent, from 20.4 percent previously and 18.4 in 2019, from 18.7 percent before. The outlook... the implementation of 1 percent of GDP savings from pensions reforms. On this point, the Commission
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