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Greece and lenders hold inconclusive talks on tax and pensions
EconomyProgrammeanything yet.” This confirms the significant gaps that still exist between the two sides and relate to: 1... savings of 1 percent of GDP (1.8 billion) this year. Since the institutions rejected the government
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Unemployment edges up to 24.4 pct in Q4 on seasonal drop in employment
EconomyMacroeconomy(i.e. those looking for a job who have never worked in the past) fell by 1 pp from the previous quarter to 22.6 percent in Q4 from 23.6 percent in Q3. The number of “long-term” (more than 1 year
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Newsletter 67 - 18/03/2016
would yield at least 1 percent of GDP, as was foreseen in the third memorandum of understanding... for the targeted pension cost savings of 1 percent of GDP to be achieved. The lenders are also insisting
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Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agorato around 1 percent by December. The change in the deposit mix is expected to further support the NII... was notably enhanced with their phased-in Common Equity Tier 1 (CET1) ratio above the 17-percent mark
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Greek corporate lending rates up to 250 bps higher than eurozone average
EconomyMacroeconomyThe corporate lending rates did not show any marked change in February with that for amounts above 1 million... (amounts below 250,000 euros) and at 5.23 percent (amounts between 250,000 and 1 million euros
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Amid risk of 2015 re-run, Greece searching for deal with lenders
PoliticsGreek Politicsthe top rate of VAT from 23 percent to 24 may help reach the 1 percent of GDP target needed from... to complete the set of measures needed to raise another 1 percent of GDP in revenues from income tax
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Eurosystem funding drops by another 2.8 bln to 101.4 bln in March
EconomyMacroeconomyfunding also fell for the third month in a row by almost 1 billion to 35.25 billion euros, with the bulk... slipped by 1 billion to 36.75 billion. Since July, Eurosystem funding has been slashed by 25.13
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Piraeus first Greek bank to repay Pillar II bonds, others to follow
EconomyBanking1 billion. In addition, Pillar III bonds were only held by NBG for a cash amount of 1.2 billion... basis points above that for ECB funding), while the fees paid to the Greek state exceed 1 percent
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EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
Economystem from the pension reform (1 percent), personal income tax reform (1 percent) and changes in the VAT
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Negotiations between Greece and lenders: state of play ahead of Eurogroup meeting
EconomyProgrammereforms each yielding 1 percent of GDP. The key pending issue relates to the tax-free threshold..., the government has not yet officially detailed the third pillar of measures worth 1 percent of GDP, which
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