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Draft bill sees millions in savings and revenues from variety of bailout interventions
EconomyProgramme, the increase in the age for early retirement is expected to save funds 5 million euros in 2015, 29 million... basis from the abolition of certain taxes and contributions. 5) The abolition of the 2 percent... owners who fail to pass their cars or motorbikes through road worthiness tests (KTEO). 7) The reduction
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammeof the government council of public debt 5) The Bank of Greece issuing provisions to implement... of notaries fees 5) Launch impact assessment of selected reforms on competition, investment licences...-pharmacists. 7) Implementation of at least 35 additional OECD toolkit II recommendations on beverages
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Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target
Economyincorporated in the 2016 draft budget tabled on October 5. In particular, the 2015 primary surplus target...) Allowances to families with many children (at 35.5 percent of the annual target of 650 million) 5) Grant...) Consumption and non-allocated expenditure (at 39.8 percent of the annual target of 1.57 billion) 7
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First review completed but more prior actions lie ahead for Greece
EconomyProgrammeDeutsche Telecom signed an MoU on June 7 for the sale of a 5 percent stake within July. The state holds... of Egnatia Motorway. 5) The government has to resolve all pending issues related to HRADF Asset... on flexible negotiations. 5) Until the end of June, the government should table a roadmap
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Second review to resume in Athens under severe time pressure
EconomyProgrammewill be equally quick and pave the way for eurozone finance ministers to confirm at the December 5 Eurogroup... on November 7 made a specific note of three items in the second review: The 2017 budget, the medium... the International Monetary Fund is demanding an increase in the current cap of 5 percent, while
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Newsletter 200 -29/03/2019
1 billion euros at the next Eurogroup on April 5. The details of the new framework, tabled... the next round of debt relief measures at the April 5 Eurogroup, where eurozone finance ministers... is seen as a major step towards Greece securing the next round of debt relief measures at the April 5
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Newsletter 268 -09/10/2020
a criminal organisation face jail terms of 5 to 15 years, while those convicted of membership can be jailed for between 5 and 10 years, which can be reduced to between 1 and 5 years or even suspended... in 2012 with just under 7 percent of the vote, after campaigning on an anti-austerity, anti-establishment
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Newsletter 272 -06/11/2020
sees 2020 at -9 pct, from -7.5 pct in September and does not expect next year’s recovery to exceed 5... measures for stricken businesses and workers, and permanent tax cuts. EC forecasts 9 pct dip, 5 pct... been trimmed by 1 percentage point, to 5 pct. Growth for 2022 is seen at 3.5 pct. The Commission notes
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NBG results show net profits of 602 mln euros in 9M
EconomyBanking) to 171 million. Year-on-year (YoY), the figure fell by 5 percent to 439 million in 9M 2020 compared.... The domestic non-performing loan (NPL) edged down to 7 billion euros in Q3 from 7.1 billion euros... and the continuing repricing of time deposit. In 9M, NII fell by 5 percent to 855 million euros. Trading
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Newsletter 291 - 02/04/2021
the plan to his cabinet on Monday, including that it will add 7 percentage points to gross domestic... before the pandemic outbreak. Separately, Greece’s economic sentiment (ESI) rose by 5 points month... points. Retail turnover drops by 5 pct in January Volume decreases 3 percent, led by decline
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