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  1. Greece's extension proposals to the Eurogroup and what they mean
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    there are seven reasons for the 6-month extension: 1) “To agree the mutually acceptable financial... economic situation.” Greece does not clearly commit to the 3 percent primary surplus target for this year.... In addition, the government agrees to ensuring that any new measures should be fiscally neutral. 3

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  2. Here's why Greece's fiscal difficulties will dominate the agenda

    EconomyProgramme

    The budget execution for January revealed a revenue shortfall of almost 1 billion euros, mainly reflecting... amount close to 1 billion euros, creating a similar revenue gap in case this levy is abolished... amount. This means that settled arrears could reach around 3 billion, while the targeted revenues

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  3. Greece seeks 3-year programme that could exceed 65 bln

    EconomyProgramme

    its forecast to a contraction of 1.5 percent. S&P is more pessimistic as it projected a 3 percent... until the end of 2018 standing at 29.8 billion euros including 1) Payments to the IMF of 9.9 billion, 2) Redemptions of Greek government bonds held by the Eurosystem of 14.3 billion 3) Redemption

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  4. Latest polls add to uncertainty ahead of Sunday's elections
    Photo by MacroPolis

    PoliticsGreek Politics

    of Macedonia poll for Skai TV, which had put SYRIZA 1 point ahead last Friday now shows New Democracy... ahead (by four points) but with its lead narrowing by 1 point since last week. Kapa Research shows... G Dawn 6.5 KKE 5.5 PASOK 5 Potami 5 Centrist Union 4 Popular Unity 3 Ind Grks 2.5 #Greece

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  5. Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
    Photo by MacroPolis

    Agora

    to around 1 percent by December. The change in the deposit mix is expected to further support the NII...) results prompted banks tio increase their provisions for credit risk by 3 billion euros YoY to 12.85... billion a year ago. The difference of around 3 billion euros between the rise in cumulative provisions

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  6. Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    losses of around 3 billion. Core pre-provision income edged up 1.5 percent quarter on quarter (QoQ... and reached 1.92 billion in 2016. Fee income stayed almost flat QoQ at 81.2 million. It rebounded by 3... to 1.17 billion from the exceptionally high figure of around 3 billion in 2015. As a result, cost

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  7. No imminent decision on pension cuts as Athens moves ahead with minimum wage increase
    Photo via Fosphotos

    EconomyProgramme

    it has to reduce pension spending by 1 percent of GDP in 2019 until December 3. The reason given... the Eurogroup meeting on December 3. Until now, it had been thought that a decision might be made... the draft budget to Greek Parliament on October 1, and then to the European Commission two weeks later

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  8. Newsletter 375 - 24/03/2023

    Newsletters

    a decline of more than 3 points, followed by SYRIZA on 26.1 pct and PASOK on 9.2 pct, both of which... be amassed by parties falling short of the 3 pct threshold for entering Parliament. In terms of seats after... tight monetary policy as the same transaction of 3 billion euros exactly one year ago secured a yield

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  9. Newsletter 396 - 06/10/2023

    Newsletters

    is also targeting wins in the big 3 municipalities: Athens, Piraeus and Thessaloniki. Although..., mostly thanks to indirect taxes led by VAT intakes. Revenues overall are expected to grow by some 3... of GDP, dropping to 1 pct of GDP in 2024 at 2.4 billion euros. Debt grows by just 1 billion euros

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  10. Newsletter 418 - 29/03/2024

    Newsletters

    by the pro-government newspaper Proto Thema on 1 March 2023, shortly after the accident... until 3 March, raising questions about who downloaded the audio from the Hellenic Railways... costs across the EU, with the Greek figure rising by 1 euro to 15.7 euros/hour, also up by around 2

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