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In effort to reach new deal, Greek government cannot ignore liquidity constraints
EconomyProgrammewith this type of collaterals stood at 21 billion euros at the end of September, according the lenders...’ take up stood at around 60 percent before December, however it has disappeared in the aftermath...). Local media had indicated that the state’s remaining cash reserves do not exceed 2 billion euros
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IMF examines how Greece accumulated large pile of unpaid taxes and contributions
EconomyProgrammeevaluation earlier this week. The total amount of this type of debt stands at 115 billion euros... tax debtors owe less than 3,000 euros each, while their tax debt makes up just 2 percent... earners are exempted from personal income tax (PIT), while 60 percent of PIT collections are paid
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Mitsotakis eyes majority in second vote as SYRIZA reels from crushing defeat
PoliticsGreek Politicssuggested that the government would like elections to be held as soon as possible, earlier than the July 2... to 5.77 million in 2019. Nevertheless, the participation of around 60 pct remains historically low... radical left groupings – in favour of a more moderate type of politics. It will not have been lost
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PM unveils 300 mln support package, pairing economic relief with major defence upgrade
PoliticsGreek Politicsat 36 cents per litre, translating to 50 euros for cars on the mainland and 60 on the islands over..., the government will increase taxation on online casino‑type gambling, raising the levy on winnings between... to confront “powerful interests” and acting too late, noting that fuel prices had already exceeded 2
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Honey, I shrunk the Greeks vol. 2
Agora. That type of solution at the time would have favoured Greece as a member of the IMF but would have
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Tailor-made Maastricht criteria for Greece?
Agorafor a maximum debt ratio of 60 percent, then the tolerable maximum deficit would have been 2 percent..., while the stock of debt should not exceed 60 percent of GDP. One of the first violations..., or 60 percent of GDP. This is the mathematical logic of the original Maastricht Criteria. A further
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Newsletter 88 - 16/09/2016
by almost 16 billion euros since the end of May. 2 A market for NPL resolution Out-of-the-box thinking... Banca Populare di Bari issued the first government-guaranteed bad loan securitisation sale in August
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An uncertain and wasted year for Italy
Agorafor a mass mobilization against the president on 2 June. Unlike former technocrat prime minister Mario... blunder by Mattarella. Cottarelli will be used by the two populist leaders, Luigi Di Maio and Matteo
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Italian support over Libya buoys Athens as it looks to build broad East Med alliance
PoliticsForeign Policy2), the Italian Foreign Ministry said that “both countries reiterated their acknowledgement... talks with his Italian counterpart, Luigi Di Maio, the Italian Foreign Ministry noted in an official
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