Search
-
Greece forced to revisit prickly subject of pension spending to conclude review
EconomyProgrammeincluded the phasing out of the solidarity grant (EKAS) with estimated savings of 0.4 percent of GDP..., with estimated savings of 0.75 percent of GDP. This would mean the majority of the personal difference being
2% -
NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingof a voluntary retirement scheme last December is estimated to yield savings of 60 million. Impairment losses... capital actions are estimated to enhance capital ratios by 200 bps, with half of this improvement
2% -
Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingis estimated to be achieved mostly via write-offs (6.5 billion) as well as restructuring, collections... from Piraeus’ core assets versus the current 65 percent. PLU loans are estimated to decline from 37
2% -
Greek households switch to natural gas in record numbers as winter approaches
EconomyFeaturesand Thessaloniki, and the Thessaly region. Deliveries of heating oil in October cost an estimated 4.3... gas are estimated at 40 percent. This year also saw the relaxation of the rules governing new
2% -
Retail sales fall for second straight month in Oct, with 0.8 pct decline
EconomyMacroeconomyand beverage, books and toys. December sales are estimated to reach 4.09 billion euros, from 4.03 billion in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion
2% -
Piraeus Port Authority lays out major development plans
EconomyFeaturesPiraeus Port Authority (PPA) on Monday unveiled its ambitious 10-year investment plan, involving an estimated 500 million euros in investments. The plan, titled “Master Plan of the Port of Piraeus... cruise ship terminal will be able to accommodate six cruise liners and bring in an estimated 580,000
2% -
Newsletter 148 -26/01/2018
being most affected by the demonstration. Soon after an estimated 90,000 people gathered... horizon.” From January to August 2018, Greece’s financing needs are estimated at 10.7 billion euros
2% -
Retail sales drop by 1.7 pct in November, corresponding volume falls 2.9 pct
EconomyMacroeconomypercent compared to last year. December 2017 sales are estimated to reach 4.09 billion euros, from 4.03 billion in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion
2% -
Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomyof any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according... costs for businesses in 2013 were estimated at 335 million euros, or 12.6 percent of the state’s
2% -
Multi-bill passed, sub-tranche released but debt relief expectations dwindling
EconomyProgrammeeuros. The government is estimated to have already set aside around 6 billion euros... banks. According to European sources, this amount is estimated at around 4 billion euros
2%