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Greek travel receipts up 10.3 pct in August as 2014 targets revised upwards
EconomyMacroeconomybillion euro, with August receipts making up almost one third of total. Travel payments increased.... The August surplus contributed just over 35 percent of total. As with the previous month, the hike in travel... is expected in 2015. This year TUI visitors reached about 2 million. Speaking at the SETE Annual Conference
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgrammeMartin Schulz also warned in an interview on Thursday that time is running out and that 2 to 3 billion... requested from Greek lenders that they retain their total T-Bill holdings at February 18 levels... paid so far in March a total of 1.24 billion euros to the International Monetary Fund in three tranches
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Greek travel receipts rise by 10.2 pct in 2014, arrivals shoot up by 20.7 pct
EconomyMacroeconomycruises fell by 12.9 percent. The increase in total receipts reflects a rise in international... excluding cruises jumped 23 percent to 22.03 million, while cruise passengers increased by a modest 2 percent to 2.24 million. The double-digit increase in total volumes was partly offset by an 8.7 percent
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Government in race against time to resolve bailout issues
EconomyProgramme. Those issues relate to the first set of milestones for the disbursement of the sub-tranche of 2... taxation on lottery games and particularly KINO, which makes up 85 percent of total lottery revenues... tax results in the targeted tax revenues the net impact on the total tax revenues from OPAP could
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Progress in bailout talks but foreclosures and NPL management stand in way of agreement
EconomyProgrammeof the first set of prior actions. Such a development would unlock the next sub-tranche of 2 billion... on the government’s proposal to cover a total of around 58-60 percent of indebted households so... but the idea of using the homeowner’s total debt seems to be off the table. On the management of NPLs
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Greece close to agreement that would unlock sale of Astir Vouliagmenis
Economy) with the total size of the hotel complex at 120,000 square meters. Market sources indicate that NBG would receive 300 million from the total consideration of 400 million and HRADF the remaining 100 million... target of 2 billion. On top of the mentioned projects, other privatisation targets for 2016 include
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Newsletter 59 - 22/01/2016
their total tax and SSC burden to more than 80 percent of their net income. A joint committee... market value. HRADF said the total value of the transaction would reach 1.5 billion, when revenues... reflects a similar decrease in manufacturing turnover. 2 A year of SYRIZA Greeks paid a heavy price
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General gov't figures shed more light on course of spending, revenues during crisis
EconomyMacroeconomyin 2015. The combined effect of higher primary expenditure and lower interest payments led total... in absolute terms, the respective ratio for primary expenditure was reduced by less than 2 pp from... the same six-year period by a total amount of 30.76 billion with the deficit landing at 5.6 billion
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
EconomyGreece’s privatisation chief believes that 2 billion euros can be raised this year from asset sales... to generate total proceeds of 5.8 billion euros by 2018, of which 2.5 billion are expected to be collected... will be transferred to the Italian grid operator Snam. Of the total 66 percent stake in DESFA that is directly
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HRADF's updated plan for 19 privatisation projects published
Economyfor development and management of the total area of 6 million square meters for 99 years. The cash.... The process for the sale of a 67 percent stake (of the total 74 percent owned by HRADF) in Thessaloniki Port... Stergios Pitsiorlas recently noted that the privatisation target of 2 billion euros for this year
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