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Athens taking more time to consider 2019 measures ahead of budget talks
EconomyProgrammeof the year, total arrears have fallen by 596 million euros. The original target of settling all... of GDP in pension cuts next year. Financial news website Capital suggested that the value of measures
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingbalances stood at 3.8 billion in late August 2018. A total of 3.1 billion in new loan generation has... to 41.9 billion. On an aggregate basis, deposits rose by 1 billion euros. Capital The CET1 ratio came
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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politicsand, according to Tsipras, the total backpay of around 1 billion euros they are owed as a result... “the capital of the Balkans.” During Sunday’s press conference, Tsipras also said that he does not expect
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Greek tax rate hikes among highest in OECD countries, tax report shows
EconomyFeaturesthat between 2000 to 2016, total tax revenues in Greece rose from 47.1 billion euros to 67.7 billion euros... and capital gains rose from 12.7 billion to 15.9 billion. Within this category, taxes on individuals
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Lenders put spotlight back on pending reforms ahead of second post-MoU review
EconomyProgrammepublishing. Unnamed sources quoted in Kathimerini on Thursday said that Athens has a total of 46 actions... loosening of capital controls on October 1 was also noted in a positive light. However, the report
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EC report notes economic imbalances and outlines remedies
Economysustainability given the large share of public debt in total foreign liabilities. The stock of NPLs... of capital stock on potential growth has been significant. Low potential growth may represent
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Primary residence talks continue amid uncertainty about draft legislation
EconomyProgrammeto the initial estimate, they account for 2 billion euros out of a total of around 11 billion euros..., Capital suggests that the 130,000-euro threshold for the part of the loan that remains unpaid
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Central bank points out signs of recovery in business lending
Economyof the new households that are being extended the vast majority, 69 percent of the total, relates... corporations seeking to finance the purchase of fixed assets, inventory building, general working capital
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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammeduring Greece’s second programme. Added to this 870 million euros in total is another 103 million already... to monitor the impact of the scheme on banks’ capital and lending, as well as its effectiveness
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S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Economythat is held by the private sector is less than 20 percent of total Greek debt, or less than 40 percent... of all remaining capital controls. The rating agency also sees as a trigger for an upgrade
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