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  1. Management of NPLs to test gov't in negotiations with lenders
    Photo by MacroPolis

    Economy

    ) Initiation of the preparatory work to update and amend the out-of-court resolution law. 2) Proposal... of September, meaning a rise by 2 percentage points in the third quarter close similar to the asset quality

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  2. Coalition poised to unveil pension reform proposals, hoping to avoid cuts
    Photo by MacroPolis

    EconomyProgramme

    and granting of pensions. 2) The final pension amount will be made up by the national and the main... the amount that around 2 million people in the public and private sectors contribute to the social security

    9%
  3. Newsletter 58 - 15/01/2016

    Newsletters

    for main pensions, which would increase to 3.7 billion, or 2 percent of GDP, if the court’s decision... lower than in 2014. 2 Syriza's slow march The lack of strategic planning and clear thinking could bite

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  4. Where things stand on the Greek pension reform proposals
    Photo by MacroPolis

    EconomyProgramme

    of the four main pension funds into the Social Insurance Institute (IKA). 2) Unified methodology for social... for the self-employed. Also, the International Monetary Fund sees a fiscal gap up to 2 percent of GDP (3.7

    9%
  5. Time deposit rate almost stable in December, average loan rate rises 17 bps

    EconomyMacroeconomy

    , the weighted average rate on total new deposits eased further by 2 bps to a new low of 0.56 percent in December mainly driven by a 2 bps drop in corporate overnight rate. Loans The most notable rate changes

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  6. Greek pensions: The unsolvable equation
    Photo by Ivan T https://flic.kr/p/e6FhzZ

    Agora

    in 2010, the equivalent of 2 percent of that year’s GDP. Contributions evaporate By design, the Greek... in 2016. Spending on welfare has been almost halved from 4.2 billion euros in 2011, 2 billion of which... took a major hit not only as a result of people dropping out the labour force en masse but also due

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  7. Newsletter 62 - 12/02/2016

    Newsletters

    at an accelerating pace of 5.2 percent in December from an upward revised 2 percent in November. December’s... is the highest since January 2007. 2 A rock and a hard place PM can no longer charm his way out

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  8. Greek stocks up for second straight week, rising by 5.5 pct

    Economy

    50 percent with revenues rising by 2 percent to 1.04 billion and EBITDA falling by 4.2 percent... results on March 2 and 3 respectively.

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  9. Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
    Photo by MacroPolis

    EconomyBanking

    billion euros, the majority (15.6 billion) relates to loans, 5.1 billion to pillar II bonds, 2 billion... billion euros of deposits, with the bank targeting to capture 2 billion of those inflows.

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  10. Athens and creditors edge closer on tax and pensions but gap remains on NPLs

    EconomyProgramme

    working years. 2) Institutions demand a lower pension replacement rate of 0.7 percent for the first 15... percent. The government’s initial proposal pointed to rates of 0.8 and 2 percent respectively

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