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Eurogroup agrees on significant debt relief measures for Greece
EconomyProgramme) by 10 years and to defer interest payments and amortisation for 10 years. In the build-up... means that Athens will not have to start repaying the EFSF loans it received in 2023, but 10 years
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Foreign investors positive on Greece but ease of doing business remains low
EconomyFeaturesthought that it would stay the same. Six out of 10 CEOs surveyed said that their company was planning... 67 percent said that they were planning on investing 10 million euros in Greece in the next year, 17 percent said the amounts were between 10 and 100 million while just 8 percent cited an investment
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Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
EconomyBankingaside 10 billion euros of programme financing for bank recapitalisations and more aggressive NPE... euros’ worth of bad loans. Of the total, 25 billion are earmarked for sale or securitisation, 10... that the banks are able to provide customers with loans worth up to 10 billion euros. This includes a new scheme
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Child poverty rate in Greece triples in a decade, OECD study finds
Society, it dropped by 10 percentage points (pps), lead by a rise in median household income. In Greece... 10 percent. This meant that the rise in child poverty hit the poorest 10 percent disproportionately
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBanking. The portfolio focuses on non-performing loans of approximately 10 shipping companies with a gross book value... indicates that non-binding bids must be received by December 10, and binding bids by the end of February.... Of the total, 25 billion are earmarked for sale or securitisation, 10 billion are due to be restructured
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Primary surplus confirmed at 6.44 bln in October on revised budget targets
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 6.44 billion euros in the first 10 months... was notably lower at 788 million euros. The budget balance in the first 10 months was confirmed... of 403 million in the first 10 months of the year, 1.32 billion better than the target
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Newsletter 187 -14/12/2018
of 10 independent lawmakers that SYRIZA can try to draw from, but it is unlikely that it can make up..., it was revealed the general government primary cash surplus came to 6.68 billion euros in the first 10... 10 months of the year showed that the IPI rose by 0.7 percent. Month-on-month, the index fell by 6.4
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Newsletter 192 -01/02/2019
that the total bids reached as high as 10 billion euros. Finance Minister Euclid Tsakalotos also claimed... after a period of 10 years. New Democracy attempted to play down both developments. It argued... that had recommended a rise between 5 and 10 percent. Given that the process of deciding
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Athens waits for response from institutions on primary residences proposal
EconomyProgrammethat around 200,000 will receive protection. This reportedly corresponds to about 10 billion euros’ worth... activities at 10 regional ports. The process will start with container shipping and logistics... for the activities at the 10 regional ports. The opposition claims that the government is taking an opportunistic
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Newsletter 198 -15/03/2019
the next day at 10:15 local time. Strong interest was evident from the onset and within the first hour and half the indications of interest had reached 10 billion euros, which as a result lowered... rise by 10 percent across the full year On a regional basis, YoY drops in the number of permits issued
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