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How big is the gap separating Greece and the institutions?
EconomyProgramme’s red lines. It proposed the postponement of this measure at an estimated cost of 326 million... levels. This has an estimated cost of 1.2 – 1.5 billion on an annual basis. In a previous similar CoS
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This is what's in the legislation Greece has to approve by Wednesday night
EconomyProgrammeand cost savings According to the General Accounting Office (GAO), budget revenues are estimated... percent of GDP) from the rise in health contributions. Moreover, cost savings from the change
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On the Greek crisis and German imbalances
Agorain Greece due to the high cost of imports such us oil and raw materials, before wages had to adjust... followed during the first half of the current year was built on the premise of increasing the cost
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Why Tsipras might gamble on snap elections
Agorathe political cost of approving unpopular measures while having no say in the way the country is being run... not yet started to count the cost of a new round of pension cuts, VAT hikes and other adjustments
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammeRevenues. 2) Develop a cost plan for the promotion and facilitation of electronic payments. 3... market rules to avoid that any plant is forced to operate below variable cost. 4) Regulation according
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomyrelate to: Expenditure and cost savings (2.39 billion – 37.5 percent of total) 1) Increase in health care... recapitalization cost. Debt servicing (interest payments as a percentage of GDP) are seen stable
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NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
EconomyBankingat a higher cost by and b) the depreciation of the Turkish lira, which led Turkish NII down 2.2 percent... rose by 5.2 percent QoQ to 552 million. As a result of the higher income - compared to cost - growth
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Coalition considers options for addressing pension system sustainability
EconomyProgrammeand strengthening of the audit mechanisms. The third memorandum of understanding (MoU) calls for cost..., reduction in the number of EKAS beneficiaries and cost savings of around 700 million that were
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Gov't hits back as pension reform row heats up
EconomyProgrammeset out that the pension cost should not increase by more than 2.5 percentage points of GDP by 2060... the sustainability of the pension system. 4) The pension cost in Greece stands at 17.5 percent of GDP
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Where things stand on the Greek pension reform proposals
EconomyProgramme600 million euros required for achieving the agreed pension cost savings of 1 percent of GDP (1.8 billion euros) in 2016. The government insists on increasing revenues rather than cutting cost (i.e.
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