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  1. A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors

    EconomyProgramme

    from 2.2 percent for incomes between 12 – 20,000 euros up to 10 percent for incomes above 220,000... in early January, meaning even lower pensions for new pensioners. Other interventions relate

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  2. Lenders' report reveals long-term savings from pension reform, which also offset court ruling
    Photo by MacroPolis

    EconomyProgramme

    and in May is seen at 1 percent of GDP in 2016, rising to 1.7 percent in 2018 and further to 2.2 percent... the harmonisation of contributions will be finalised. These relate to eliminating the lower minimum

    13%
  3. Alpha Bank reports net losses of 16.8 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Alpha reported net losses of 16.8 million euros in the second quarter (Q2) of 2016 from 2.2 million in the previous quarter. Results incorporate a one-off trading gain of 71.9 million euros from... funding was reduced by 2.8 billion within Q2, of which 1.8 billion relate to reinstatement of waiver

    13%
  4. Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4

    EconomyMacroeconomy

    stood at 466.83 million. This brings the total ENFIA due at 3.18 billion for this year, 2.2 percent... in September could also relate to potentially increased tax audits that could have yielded higher VAT

    13%
  5. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    learning and social dialogue. Fiscal Despite a revenue outperformance of 2.2 billion euros... of GDP is feasible under conditions. These relate to growth in real GDP and private consumption, rebound

    13%
  6. Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
    Photo by MacroPolis

    EconomyBanking

    was reduced by 587 million QoQ and by 2.2 billion year on year (YoY) to 25.35 billion at the end... to the Single Supervisory Mechanism (SSM) of the ECB that relate to parent data. Specifically, Piraeus

    13%
  7. Newsletter 107 - 17/02/2017

    Newsletters

    up by 0.3 percent year-on-year (YoY) in Q4, significantly decelerating from the upward revised 2.2...’ payments in 2016 involve hospitals, while almost 30 percent (922 million) relate to social security

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  8. Newsletter 119 - 19/05/2017

    Newsletters

    , pointing to a faster GDP rebound of 2.1 and 2.2 percent, respectively. Budget primary balance records... by 2021, of which more than two thirds (2.49 billion) relate to pensions and 1.22 billion to social

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  9. European Commission's DSA reveals serious concerns over debt sustainability, need for relief
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    points (pp) after 2022 and leveling off at 2.2 percent as of 2025. In its most recent DSA, the IMF... are expected at 17.2 billion between 2017 and 2060, of which 12.7 billion relate to revenues from non

    13%
  10. Review gathers pace as mission chiefs prepare for Athens return
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    expecting Greece to produce a primary surplus of 2.2 percent of GDP, compared to the 3.5 percent... of the prior actions relate to this matter. Although Prime Minister Alexis Tsipras has vowed that the sell

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