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Newsletter 134
included in the MTFS, which was only submitted in mid-May. Total revenues have been downward revised from... The government has acknowledged that the fiscal targets of the 2018 draft budget may be hampered... billion euros. Direct taxes estimates for 2018 have also been downward revised from the May MTFS
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Newsletter 138
form of monitoring, which may not be palatable to some in the eurozone, including the next... percent posted in July. The latest figure is the lowest reading since May. Breaking down the numbers... in the overall index month-on-month. ESI has been improving since May this year after the successful
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Newsletter 142 -1/12/2017
to a botched deal to sell ammunition to Saudi Arabia, but it may not yet have weathered the worst... and that the Saudis may have decided to only take 100,000 shells, with the remainder secretly going... by compliant media, that many observers find reminiscent of the 1980s. More accusations of scandals may
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Newsletter 149 -2/02/2018
nationalist supporters, he may decide the least bad option he faces is to withdraw from the current... for the current issue, one of the concerns the coalition has going forward is that investors may see more.... As such, the Greek exercise is seen lasting three months and the results should be available in May
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Complications over reforms cast doubt on June target for global deal
EconomyProgrammedeal between Athens and the lenders may have to wait until July, rather than June. More than 70... being reached at the July 12 Eurogroup may be more likely than at the June 21 meeting of eurozone finance ministers that has so far been the target for all sides. Nevertheless, it may be the case
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Debt, fiscal path still divide lenders ahead of Washington Group meeting
EconomyProgrammeto return to Athens in early May to start preparing for the completion of the fourth review. The initial date proposed for staff-level agreement to be reached (SLA) was the Eurogroup meeting on May 24... on time) by May or June, the institutions also have to reach an agreement on a range of issues
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Debt relief options pondered as institutions prepare for Athens return
EconomyProgramme, will be on the fourth review but discussions are continuing in the background on what debt relief measures may... confirmed that the creditors are due back in Athens on May 14. It is expected that their visit will last.... Either way, there is much for Athens to do between now and the May 24 Eurogroup, when Greece and its
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Fiscal issues appear settled as Greece and institutions head for review deal
EconomyProgramme-level agreement on May 24. A senior Greek official told the local media on Thursday that it has been... at the May 24 Eurogroup. Debt relief While expectations of an SLA by May 24 appear to be rising... on debt relief should be in place by the May 24 Eurogroup. Rice added that if there is no agreement
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingby a further 1.7 billion by the end of May. Specifically, Emergency Liquidity Assistance (ELA) funding was reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB funding fell from 3.2 billion in Q4 to 3.1 billion in Q1, increasing slightly to 3.2 billion in May
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What GDPR compliance means for businesses and consumers
LegalMay 25, 2018 marked the first day of enforcement for Europe’s Regulation (EU) 2016/679.... To conclude, the GDPR’s effectiveness will be assessed following its implementation on May 25... jurisdictions outside the EU may well follow suit, which could spell even bigger changes for the digital
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