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Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
EconomyProgrammethat the final version of the economic plan can be readied in mid-November. Athens is set to include... the sub-minimum wage for young workers and has presented a proposal based on the Portuguese model
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Getting to the church on time
Agoralong-term plan about how to address deficiencies in the delivery of public services rather than... administration. There was no discussion, for instance, of adopting a model similar to Germany’s
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BoG provides details of ambitious plans to slash NPLs via SPV
EconomyBankinggovernor Yiannis Stournaras has been active recently in presenting the aspects of the plan to Greek... solution based on the Italian model of an Asset Protection Scheme (APS). The BoG is proposing that banks
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Piraeus eyes major NPE deal as banks remain focused on bad loans
EconomyMacroeconomycosts. According to the bank’s capital strengthening plan, around 500 million euros will need... based on the Italian model of an Asset Protection Scheme (APS). The BoG is proposing that banks
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Athens poised to unveil new minimum wage as post-MoU review continues
EconomyProgrammeto model on the Cypriot Estia programme that includes loan subsidies for owners who are having...) and senior civil service posts, the clearing of state arrears and the strategic plan for reducing
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingby the winning bidder, while at the same time manifesting positively on the bank’s bottom line. BoG plan... of the banks. BoG’s deferred tax model was viewed favourably by both Alpha Bank and Piraeus in particular
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Newsletter 211 -21/06/2019
plans to appoint a chief of staff as part of his effort to re-model the prime minister’s office... own plan of using deferred tax credits to finance the move of all denounced loans to an SPV
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Privatisation agency chief identifies key targets for coming months
Economya sub-concession model to maintain a public aspect to the ports, while the new government has plans.... Xenofos noted that under existing regulatory framework, the plan is for DEPA to be split
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Athens prepares to send draft budget to Brussels, lines up next tax measures
PoliticsGreek PoliticsThe government is hoping to wrap up on Monday the budget negotiations it has been having over the last few weeks with the European institutions so next year’s draft economic plan can be submitted.... New Democracy is said to be looking to replicate the Italian model for attracting wealthy non-doms
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Newsletter 259 -24/07/2020
plan on the recommendations made by the committee of wise men led by Nobel Prize-winning Greece is set... its troubled development model and to ensure that the necessary funds reach these schemes. Shortly
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