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Newsletter 193 -08/02/2018
below the asking price which had been set by an independent consultant. No bids qualified... of year general government bulletin also showed this week that 2018 ended with a total of 2.04 billion... percent. Year-on-year, the figure for those employed increased by 138,566 or a rise of 3.7 percent. Total
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Lenders deem second post-MoU review over, Athens waits for debt relief
EconomyProgrammebillion euros in debt relief. Greece was meant to have completed a specific set of reforms as part...’ worth of benefits and for 219 households payments will begin as of March 1. The total monthly cost.... The payments will cover a total of 508,122 people (applicants and dependents). Within the wider
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Newsletter 201 -21/04/2019
was meant to have completed a specific set of reforms as part of the second post-programme review..., NPEs stood at a total of 81.8 billion euros, which was 12.7 billion lower compared to the end of 2017... stepped up to recover amounts, the data also revealed that a total of 42,877 debtors (1.1 percent
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankingentered into a strategic agreement with Intrum for the management of NPLs worth a total of 27... inflows, plus third party REOs. The agreement values the platform at 410 million euros. The total purchase price for Ιntrum’s acquisition of the majority share of the platform has been set at 328
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Greek banks maintain focus on key areas as elections approach
EconomyBankingeuros earlier in June and attracted bids of over 850 million euros, with a total of 135 investors... in the international debt capital markets with the aim of increasing Piraeus Bank’s total capital..., and their activities in the next 40 days will set the stage for the rest of the year. The National Bank
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomyof Christmas. The Finance Ministry wants to take a more conservative approach this year and set aside..., with taxes making up 52.17 billion euros of the total. Taxes on goods and services will be higher... administration total 1.18 billion euros, with the lion’s share coming from lower taxes for corporations
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Government opts for modest tax relief, but who will benefit?
EconomyFeaturesjust starting out who will be taxed at a lower introductory rate. The total cost of adjusting... to roughly 40 percent of total declared incomes. Business Also included in the tax package is a reduction... percent in 2021. Tax on dividends has been halved from 10 percent to 5 percent, at a total cost of 75
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Newsletter 238 -07/02/2020
of migrants on Lesvos this week was set in motion by others. The inference was that NGOs with ulterior... is also in the works. The banks Galaxy portfolio represents a mixed portfolio, which carries a total... securitisations in the first half of 2020. 2 Unemployment at 16.5 pct in Nov Total employment reaches 3.91
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Efforts to boost health system continue amid questions about govt strategy
PoliticsGreek Politics. Greece announced 71 new confirmed cases of coronavirus on Monday, bringing the total to 695. The Health Ministry’s modelling suggests that the total number of infections in the country ranges... are intubated in intensive care units. A total of 17 deaths have been attributed to coronavirus so far
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingof around 6 billion euros set to launch when market conditions allow. Since 2015, NPEs have been reduced.... As a result, NBG’s loan to debt ratio came to 67 percent in Q4 from 68 percent in Q3. The total... fully eliminated Emergency Liquidity Assistance. The total amount currently consists of TLTRO funding
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