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  1. Where things stand on the Greek pension reform proposals
    Photo by MacroPolis

    EconomyProgramme

    pension is lower than that paid out, the difference will continue to be paid to the pensioner until... methodology for calculating pensions benefits those with low wages and working years. It results in lower... an increase for supplementary pensions above 1 pp, preferring lower pension replacement rates and income

    5%

  2. Current account deficit at 1.22 bln in Nov, down 18.6 pct

    EconomyMacroeconomy

    lower but they could be recorded since they were conducted outside the Greek banking system due... attributed to lower net transport receipts, while travel receipts posted a marked rise of 16 percent... in the 11-month period is attributed to lower net transport receipts. In contrast, travel receipts grew

    5%

  3. Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015

    EconomyMacroeconomy

    imports decreased by 5 percent. The decline in the services’ surplus is primarily attributed to lower net... respectively. The BoG noted that lower international oil prices resulted in an improving oil balance...’ surplus by 6.9 percent in 2015 is attributed to lower net transport receipts amid capital controls

    5%

  4. Gov't offers improved terms to farmers in bid to break deadlock

    Economy

    for all insured. 3) Farmers for whom farming is their main job will have the option to choose a lower... a lower pension. A contribution rate of 16 percent for 40 working years would result in a pension... and medium agricultural producers so the total tax and social security contributions will be lower than

    5%

  5. Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
    Photo by MacroPolis

    EconomyBanking

    percent. For the whole year, NII slightly improved by 0.6 percent to 1.93 billion euros as the lower... at the high-end of the market. The bank said that the lower NPL formation in all lending segments primarily... growth on the back of lower funding cost and further cost containment. In addition, the management

    5%

  6. NBG records loss of 2.05 bln in Q4 on one-offs and jump in credit risk provisions
    Photo by MacroPolis

    EconomyBanking

    . Net interest income (NII) edged up 1 percent QoQ to 474 million euros, largely due to lower..., Greek lending spread fell 7 basis points (bps) QoQ resulting in lower loan NII. For the whole year... of waiver on Greek government securities and lower deposit cost. Fee income strongly rebounded by 18 percent

    5%

  7. Greece and lenders hold inconclusive talks on tax and pensions
    Photo by MacroPolis

    EconomyProgramme

    has to be lowered to 7-8,000 euros, while the government has counter-proposed a lower drop to around 8,500-9,000 euros. Since the rate of the first tax bracket stands at 22 percent, a lower tax-free... are requesting lower rates for those with less than 20-25 working years and higher for 25-40 years compared

    5%

  8. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    expenditure was 913 million lower than target), the higher PIB surplus (by 657 million) and the higher... taxes) up to 218 million (property taxes). The latter mostly relates to lower revenues from the single..., 961 million lower than target. PIB PIB revenues continued rising. They more than tripled to 956

    5%

  9. Greek bailout talks yet to conclude as start of IMF meetings approaches
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    EconomyProgramme

    ). Those rates result in a cumulative pension replacement of 40.7 percent, which is lower than... proposal of 9,100 euros. The IMF is pressing for a much lower figure of 8,182. The government proposal... in the initial government plan). The government has also reportedly proposed lower thresholds for the other type

    5%

  10. Greek ministers still hopeful of reaching deal with creditors this month

    Economy

    . It is worth noting that the institutions had demanded a lower threshold of 8,182 euros. He also...-employed, adding that 92 percent of self-employed with annual income below 30,000 euros would pay lower... on the impact of the pension reform, he stressed that 80 percent of self employed would pay lower

    5%