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Greece's ongoing divestment from banking sector creates new lender, stirs controversy
EconomyBankingexploring the best timing and type of the next transaction that will see a full exit from Greek... participation in the Hercules III APS will drop its NPE ratio to 3 pct, from 60 pct that is the respective
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Debt position a bulwark against global turbulence
EconomyMacroeconomyyield stands at 3.4 pct, from under 3 pct in mid-December. It is precisely for this type of global
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Newsletter 454 - 07/03/2025
factors. It is precisely for this type of situation that, as we have previously highlighted, Greece's... of the weekUnemployment January saw a sharp drop in the unemployment rate to 8.7 pct, a drop of 3 percentage
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Government's focus on defence, plans for more procurements put opposition in tough spot
PoliticsGreek PoliticsFrench-made frigate. Athens agreed in 2021 to buy three new Belharra type vessels for a cost of 3
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Business landscape dominated by SMEs, six in 10 workers earn below 1,200 euros
EconomyMacroeconomyfollows with 4.4 pct. Sole proprietors continue to dominate the incorporation type, with 151,978... are just over 3 pct of the total. In line with the population distribution, most companies
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National Bank starts 2014 posting net profit of 181 mln in Q1
EconomyBankingby a modest 3 percent year on year (YoY). The latter mainly reflects a boost in trading income to 44... income (NII), the group figure fell 3 percent YoY and QoQ to 751 million, dragged by Finansbank’s weaker... to 100 bps in Q1 from 30bps in Q4. Management noted that a similar trend is also evident in Q2. NPL
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What are Greek coalition's plans for privatisation programme?
Economyto be completed in 2015. 3) The sale of a 17 percent stake in PPC. The liberalisation of the energy... Port Authority, and 100 percent of Trainose (operation and management of railway activities... by the Technical Chamber of Greece, showing that its value was worth 3 billion euros, more than 3 times
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The six reform proposals Greece hopes will help unlock more funding
PoliticsGreek Politicswill still provide up to 100 instalments for taxpayers but will relax some of the parameters for those who... a 50 percent haircut on tax debt created until 2013. The government aims to raise 3 billion euros... (@MacroPolis_gr) March 3, 2015 A similar proportion of voters also believe that the agreement reached
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammeon changes in the settlement of tax arrears in up to 100 instalments. These relate to a rise in the interest rate applied on tax obligations above 5,000 euros from 3 to 5 percent. For lower amounts... for Greek bank recapitalisation as outlined in the Euro Summit statement of July 13. 3) The repayment
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Draft bill sees millions in savings and revenues from variety of bailout interventions
EconomyProgrammeto the amounts paid out in pensions to early retirees before and after they reach 67. The savings are seen at 3...-employed (from 55 percent for 2014 income to 75 percent for 2016 income and to 100 percent for 2016 income) is anticipated to result in incremental revenues of 370 million for 2015. 3) The increase
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