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The targets and deadlines in Greece's privatisation programme
EconomyProgrammeinvolve: 1) Regional airports divided into two clusters of 7 airports each. The tender was awarded... ratification by February 2016. 7) OLTH, the second largest Port Authority. Similarly to OLP, the tender.... The ADP indicates a potential sale of an 11 percent stake (current market value at 56 million). 15
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Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economycontracted 15 percent to 38.8 billion amid the negative economic amid political developments that prevailed in the Greek market in Q2. At the same time, Eurosystem funding rose by 7 billion to 37.3 billion... the Greek figure turned slightly negative (-7 million) in Q2 from +191 million in Q1 largely attributed
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The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
EconomyProgrammeon January 7. They deemed it the least painful to safeguard the viability of the pension system..., the rise in the tax rates on rental income 15 percent (from 11 percent) for annual income below 12,000 euros and to 35 percent (from 33 percent) for annual income above this threshold. 7) Tax rate of 30
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Where things stand on the Greek pension reform proposals
EconomyProgramme. The former would amount to 384 euros and would be granted at the age of 67 years with at least 15 years... triple from roughly 7 percent to 20 percent of their income. Farmers are planning to block Athens... with Prime Minister Alexis Tsipras on January 7. In contrast, the private and public sector unions
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Crisis management policy: the sad lesson of the Greek case
Agorato be above 15 percent in 2009, and the gross public debt was over 120 percent of GDP in 2009... review of the 2015 agreement, a structural general government surplus of 6–7 percent of GDP in 2016... thereof. However, there is no reason to believe that the 6–7 percent could be reduced to lower than 4
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economysigned the memorandum of understanding (MoU) for Hellenikon on June 7. The cash consideration... revenues is seen at 12 and 7 percent respectively. On the fiscal front, the tax revenues from... surplus by more than 1.1 percent of GDP in 2041, while debt to GDP ratio is projected to decline by 15
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Greece’s embattled commercial steel market industry braced for more challenges
EconomyFeatures. Meanwhile, Chinese steel production has risen from 15 percent in 1999 to 50 percent today.[3] The country... rival steel markets in Italy and Spain had seen their exports rise.[7] The ENXE said at that time.../business/steel-orders-drop-to-1980s-levels [7] http://www.amna.gr/english/articleview.php?id=6439 [8] http
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Institutions back in Athens to resume review, agree new measures
EconomyProgramme), energy (noon), overview (7 pm) and fiscal (8.30 pm), according to Finance Ministry sources. Following... of Directors of HCAP, which consists of seven members who assumed their duties on February 15, while... programme after that. Failing that, the gathering of eurozone finance ministers on April 7 is the next
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Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
EconomyFeatures, July 20 and September 7. A potential global deal at the next Eurogroup on May 22 or even on June 15... lower of the 5-percent mark from the level of around 7 percent in mid-January, the Bank of Greece
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Collapse of Cyprus talks, "Justice March" raise risk of offshore drilling standoff
AgoraThe collapse on 7 July of the latest UN-sponsored talks to resolve the Cyprus issue has increased... issued a maritime advisory (Navtex 240/17) for a natural gas drill between 10 July and 15 October 2017... days with little progress, the talks finally collapsed in a shouting match in the early hours of 7 July
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