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Tight schedule to approve multi-bill, tick off remaining milestones
EconomyProgrammecontributions made by newly insured doctors and engineers during their first five years is abolished. Also... notional insurance year. It is estimated by the General Accounting Office (GAO) that higher
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Greece gears up for second review, faces wide-ranging reform to-do list
EconomyProgrammeof the government’s stance during the upcoming negotiations on the matter, which is likely to be the most...) scheme and to legislate reforms to welfare benefits. The GMI cost is estimated at 0.5 percent of GDP
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Tsakalotos states case for debt relief as New Democracy sharpens up
PoliticsGreek Politicslimited progress appears to have been made during talks in Athens this week. In an interview... be enough, it will be more than I initially estimated, but not enough to unleash the virtuous circle,” he
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Contrasting views on Cyprus breakdown; Greek role under scrutiny
PoliticsForeign Policythat during the first round of talks in Mont Pelerin both leaders had agreed that the Turkish-Cypriot... they would not accept more than 65,000 people even though the UN had estimated that the numbers
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Out-of-court settlement: An important tool to regulate debts to banks and public sector
Legalto be followed by each creditor. In that case, all officials will be protected during their function..., it is estimated that the concerned parties will accept the government's proposal to exclude the VAT
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Travel receipts up by 14.2 pct in Oct but 10-month figure drops 4.2 pct
EconomyMacroeconomyoffered during the summer period and the reduction in the average length of stay.... a positive growth rate for the whole year, market sources note that travel receipts are estimated to end up
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Greek banks conclude series of corporate actions as part of restructuring
EconomyBanking. The repayment of CoCos was recently communicated by the bank’s management during the conference call... UBB’s book value and is estimated to increase NBG’s Q3 pro-forma common equity Tier 1 (CET1) ratio
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Government seeks to appease banks over ADMIE privatisation
EconomyMacroeconomyin kind to its shareholders (carve out). During the EGM, the Hellenic Republic Asset Development Fund... estimated value stands at 491.84 million euros and this amount would constitute the share capital
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IMF argues case for further reform of pension system
EconomyProgramme, according to the IMF. Despite two reforms undertaken during 2010 and 2012, the pension expenditure... in Greece was estimated at 978 euros at the end of 2015 by the IMF, which is similar to the eurozone average
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Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
EconomyBanking, the improving trends in loan quality during 2016 led to Greek banks increasing their loan provisions... to the anticipated NPE reduction and are estimated to reach 13.9 billion euros within this 3.5-year period
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