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Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers
EconomyProgramme. 2) Increase in luxury tax in cars, pools and yachts with estimated revenues of 20 million euros. 3... and savings required by institutions. According to Kathimerini, Greece’s lenders see a fiscal gap of around 3
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Athens Stock Exchange erases losses made since elections as mood improves
EconomyGreek shares rose for the second successive session on Thursday, when they climbed by 3 percent following a rise by 2.86 percent on Wednesday. Thursday’s performance was also accompanied by a jump... by 1.4 percent. Turnover exceeded the 100-million-euro mark for the first time since May 3 and landed
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Greece seen having older and much smaller population by 2060
Society, the expected increase exceeds 3 years. That would mean that Greece would move to having the fourth... (from 4.1 to 3 percent) and social unemployment benefits (1.2 to 0.3 percent) sectors.
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Greece rides the ghost train
Agorafor the next few years (1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5... this out in a blog post on Sunday. Lenders are demanding 3 billion euros of fiscal measures
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomythat the outstanding balance of corporate loans fell by more than 3 billion month on month (MoM) below... of last September. Compared to last year, the end-2014 ratio rose by almost 3 percentage points (pp).
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammeprivatization revenues at 0.5 percent this year, 3 billion by 2020 and 4 billion by 2022. Under... be credited to a new subaccount to be used for payments for projects financed by EU structural funds. 3
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Tsipras turns down last-minute Juncker offer, plans to stand aside if 'Yes' wins
PoliticsGreek Politicsfor low-income pensioners (EKAS). 3) The Eurogroup would convene before midnight on Tuesday to confirm... will immediately pass the lenders’ proposals through Parliament. 3) Tsipras continues to believe that a “No” vote
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What next for Greece's revenues and spending?
Agorasocial security funds expenditure (at zero versus a full year (FY) target of 446 million) 3) Grants... (at 14.5 percent of the FY target of 591 million) 3) International Organisations and other transfers
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Greek banks in intensive care: What lies ahead?
Agorafunctions or facilitate the continuous access to deposits. 3) Separate clean and toxic assets... capital needs. 3) The recapitalization process with a combination of several options and tools currently
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economyshows 3) Interest payments of 17.8 billion 4) Arrears clearance of 7 billion 5) Cash buffer... proposal for a loan of 7 billion with a maximum maturity of 3 months that would be disbursed
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