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BoG proposes debt relief measures and lower primary surplus target from 2018
EconomyMacroeconomy: 1) GDP growth in line with the adjustment programme until 2022 and 1.5 percent thereafter 2..., 4.15 percent from 2012 until 2025 and 4.25 percent from 2026 onwards 7) Greece taps markets... of the maturity of EFSF loans by 20 years (until 2071) and smoothing out of capitalised deferred EFSF
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Card usage gains traction with debit cards leading the way, BoG finds
EconomyBankingmillion, recording a rise of 1 percent year-on-year (YoY) versus 2017. The majority of these cards... that the number of debit cards in circulation increased by 7 percent and stood at 14.4 million. Pre... the category of credit cards, virtual payment cards recorded a YoY rise of 20 percent. The BoG noted
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Newsletter 33 - 03/07/2015
was due by the end of May, was extended until the end of June and then again to 20 July... is prolonged beyond 7 July, it is certainly expected that this will put further pressure both... not be held before the end of July/beginning of August, which is past the July 20 date when a Greek bond
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Newsletter 109 - 03/03/2017
by Athens, at the February 20 Eurogroup, was that it would have to legislate more fiscal measures...”. This comment seemed to run counter to what the government had suggested in the wake of the February 20... and the government resumed on Tuesday, following the relevant decision of the February 20 Eurogroup
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Newsletter 37 - 31/07/2015
Talks resume in Athens Deal by August 20 considered unlikely given complexity of issues... reached by August 20, when Greece has a 3.5-billion-euro bond held by the European Central Bank... see Greece being on course for a primary deficit of 1 percent of GDP this year, compared to the last
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Greece worst in EU for gender equality as power resides overwhelmingly with men
Societythey are from reaching gender equality. The Index uses a scale of 1 to 100, where 1 represents total..., compared to 20 percent of men. Approximately 85 percent of women do cooking and housework... listed companies is 9 percent and on the board of the central bank 8 percent versus 7 percent and 0
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Newsletter 458 - 04/04/2025
increase by between 13 pct to 20 pct over the next few months, depending on their role and duties... and former SYRIZA cadres New Left are at just 1 pct. The portion of voters who are undecided or otherwise... this week as the US announced reciprocal tariffs across the globe, with the EU being hit with 20 pct
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Newsletter 23 - 17/04/2015
that an additional 1 billion euros in NPLs was created in March. If confirmed, this three billion... in an improvement of the NPL cash coverage by almost 7 points, bringing it close to 59 percent at the end... tier 1 (CET1) ratios stood at adequate levels at the end of 2014, ranging from 12.1 percent
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No let up ahead in terms of fiscal demands for new Greek government
EconomyProgrammeto generate annual revenues of 1 percent of GDP. The basic VAT rate was set at 23 percent, a super... will be abolished starting from October 1 for islands with higher incomes, which are also the most popular destinations, and is due to be extended to the other islands as of Jun 1, 2016. Other measures
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First review completed but more prior actions lie ahead for Greece
EconomyProgrammeand the independent revenue agency. Privatisations 1) Agreement with the institutions by the end of June... Development Plan by the end of August. Energy 1) The Regulatory Authority for Energy (RAE) has to proceed... the invitation of the tender for the sale of 20 percent of ADMIE to a strategic investor in July. 4) PPC AGM
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