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  1. IMF: Greece's GDP spend on asylum seekers 6th highest in EU

    Society

    The fiscal cost to Greece of asylum seekers was 0.17 percent of GDP, or some €300 million euros, in 2015, according to a new report from the IMF that looks at the economic effects of refugee crisis on Europe. Greece’s fiscal cost figure ranked sixth out of 18 EU countries and Serbia, the report

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  2. Wide range of exacting issues lie ahead for Greece in first bailout review
    Photo by MacroPolis

    EconomyProgramme

    bailout programme calling for pension cost savings of 1 percent of GDP (1.8 billion euros) in 2016...) and the huge stock of pending pensions, which have an estimated cost in excess of 2 billion. Non

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  3. More than half of Greek households rely mainly on pensions

    Society

    dependent on pensions, about half expect they will be unable to meet the cost of their basic needs... to pay an extraordinary bill or cost of 500 euros. Over half (52.9 percent) said they would only

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  4. First days of talks confirm gap between Greece, lenders on pensions

    PoliticsGreek Politics

    million euros to achieve the bailout pledge for pension cost savings of 1 percent of GDP (1.8 billion... was 169 euros in July, with the annual cost standing at 3.35 billion euros for 1.65 million

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  5. General gov't figures shed more light on course of spending, revenues during crisis

    EconomyMacroeconomy

    . On the expenditure front, stripping out the bank support cost of 7.16 billion, the adjusted primary expenditure... of GDP. This is the outcome if we subtract the bank support cost of 7.16 billion (4.07 percent of GDP

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  6. Net profit of 87 mln for NBG in Q1
    Photo by MacroPolis

    EconomyBanking

    with the bank expecting further cost savings in the next quarters from the implementation..., the cost of risk sharply fell to 164 basis points (bps) in Q1, from 329 bps in Q4, in line

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  7. Newsletter 75 - 27/05/2016

    Newsletters

    on the successful completion of the programme, involve repaying some old high-cost loans and the further extension... interest income and the cost containment, while loan provisions returned to normal levels after

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  8. Government tables amendments with aim of securing bailout tranche within days

    EconomyProgramme

    reiterates that the cumulative cost savings from the gradual elimination of EKAS would reach 853 million... personnel, policemen, judges and others, in 2017-18 will not apply if fiscal interventions of equal cost

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  9. NBG completes sale of Finansbank to Qatar National Bank
    Photo by MacroPolis

    EconomyBanking

    and the associated funding cost. The cash value of the pledged pillar II bonds stood at 1.5 billion euros in May implying the nominal value stood close to 3 billion. The ELA funding cost stands 150 basis

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  10. ECB reinstates waiver in first step towards improving liquidity conditions for Greek banks
    Photo by ECB via Flickr https://flic.kr/p/qqjzQG

    EconomyBanking

    cost for banks since the ELA funding cost stands 150 basis points above that of financing from the ECB

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