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Multi-bill passed, sub-tranche released but debt relief expectations dwindling
EconomyProgrammeeuros. The government is estimated to have already set aside around 6 billion euros... banks. According to European sources, this amount is estimated at around 4 billion euros
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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
EconomyFeaturesand the estimated VAT amount that is theoretically collectable based on legislation. The latter... of VAT lost across the EU in 2016 is estimated at 147.1 billion, equal to a loss of 12.3 percent
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Banks submit new NPL targets to SSM, with sales leading way in reduction drive
EconomyBankingstrategic defaulters. The number of such defaulters is estimated between 45,000 to 50,000. Legal experts..., returning to a normal banking system will be a crucial step. It is estimated that by the end
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Population projections show demographic problem set to worsen in coming decades
SocietyAuthority (ELSTAT), Greece’s population is estimated to have fallen from 11.1 million recorded in 2011... migration was estimated at 8,920 people at the end of 2017, with 112,247 immigrants versus 103,327
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Newsletter 195 -22/02/2019
to result in a positive decision regarding the disbursal of the ANFA and SMP bond profits, estimated... on the disbursal of the ANFA and SMP bond profits estimated at between 650 and 750 million euros. expected
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Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
EconomyProgramme, it is estimated that two to three weeks will be needed for some member states’ parliaments to approve... up, estimated at around 28 billion euros, to pay off at least some of its loans to the IMF early
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Athens plans to use cash buffer to create fiscal leeway for expansionary measures
EconomyProgrammeas a bonus for pensioners) is estimated to cost 1.15 billion euros, around 800 million of which... million euros, while the impact of the measures in 2021 is estimated at a total of 1.22 billion euros
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Banks focus on reducing NPLs linked to property
EconomyMacroeconomyfor more than half of long term restructurings in 2019–2021. The total sum involved is estimated at 1.4... the servicing perimeter to other portfolios. The total cases are estimated at 300, with NBG’s
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PBO sees fiscal target being reached despite expansionary measures
EconomyProgrammethe committed fiscal target at risk. The General Accounting Office had estimated the total cost... is estimated at 80 million. The Finance Ministry expects close to 300 million to come in the state
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Newsletter 208 -31/05/2019
. The General Accounting Office had estimated the total cost of the expansionary measures at 0.55 percent..., while the upward adjustment of widows’ pensions is estimated at 80 million. The Finance Ministry
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