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Newsletter 341 - 10/06/2022
grew by 7 pct year-on-year and 2.3 pct on the previous quarter. The year-on-year growth... decoupled from real. The nominal rise was at 15 pct annually in Q1 and a GDP level of 49.84 billion euros...-to-GDP ratio at the end of the year. The annual GDP rise of 7 pct was led by an 11.6 pct rise
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What would a clean bailout exit for Greece mean in numbers?
Agorais to use the 7 billion earmarked for 2014 and forego 2015 and 2016 disbursements. By the end... be deferred for 10 years and loan maturities extended for 15 years. The average maturity of the ESM... Loan Facility, amount to 52.9 billion euros. They were also extended in November 2012 by 15 years
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European Commission evaluates impact of bailout programme
EconomyProgramme(SSFs) under a single entity. The first measures that were voted by the Parliament on July 15 included... pension benefit rules of the agricultural fund (OGA). 7) Further increase penalties for early... of pensions for those covered by OGA who have contributed for less than 15 years. 9) Gradually phase out
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Gov't submits reform plan that raises contributions and cuts future pensions
EconomyProgrammewill be granted at the age of 67 years to those living in Greece for at least 15 years. The full amount... replacement rate. This rate stands at 12 percent for 15 working years, at 37.5 percent for 35 working years... would result in a replacement rate of around 57 percent. 7) According to estimates, the new pension
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Newsletter 61 - 05/02/2016
national pension of 384 euros. The government aims this to be granted after 15 working years without... last August, led the commission to cut its debt-to-GDP ratio forecasts by around 15 pp. As a result... orders also declined in January but at the slowest rate over the past 15 months. While employee
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Eurogroup doesn't end in tie for Tsipras
Agora7 years of bailouts, preventing a Greek default was any kind of worthy achievement. Instead, Athens... interest and amortization by between 0 and 15 years.” For the first time, there was also a reference... needs under 15 percent of GDP in the medium-term and below 20 percent of GDP in the long-term
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Despite cuts, pension system still at risk due to old-age dependency
Societyof GDP spending on pensions is significantly higher at around 15 percent. Greece also has one... slightly higher than the OECD average. Regarding poverty and age, the report found that in 15 out of 25... the average population. However, in Greece and Spain in particular, the rate was only 7 and 10
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Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
EconomyBankingbillion are due to be restructured, and the remaining 15 billion to be remedied through auctions... to 15 billion euros of NPEs could be shifted to the new entity. Although official details... the bailout. According to rough estimates, the target of shifting 15 billion euros from the Greek banks
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PDMA releases details of 10-year bond, highlighting strong interest
Economy, announced their intention to issue a new 10-year benchmark on Monday, March 4 at 12:15 local time... were released the next day at 10:15 local time. Strong interest was evident from the onset..., before closing at 15:30 Athens time, having accumulated 11.8 billion euros of offers, including 800
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