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SYRIZA fails to make any friends with new public sector wage grid
PoliticsGreek Politics. The total annual cost of these changes is estimated at around 300 million euros during the four-year
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Court ruling creates new complication for gov't, this time with property tax
EconomyMacroeconomyfiscal impact of the ruling on pensions was estimated at 1.5 to 2 billion euros but the government has
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NBG boosts capital base by selling total stake in Finansbank
EconomyBankingis estimated to boost NBG’s Common Equity Tier 1 (CET1) ratio by around 600 basis points (bps). This solely
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Eurobank sells insurance arm to Fairfax for 316 mln
EconomyBankingstake sale stands at 316 million euros and is estimated to improve Eurobank’s Common Equity Tier 1
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgramme) and the huge stock of pending pensions, which have an estimated cost in excess of 2 billion. Non
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Gas provides Greece, Cyprus and Israel chance to bolster ties
PoliticsForeign Policydollars that it is estimated would be needed to create the infrastructure to export the gas to Egypt
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First days of talks confirm gap between Greece, lenders on pensions
PoliticsGreek Politicsand employees. Each 0.5 pp rise in contributions is estimated to entail incremental revenues of around 150
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HFSF Q3 report shows 23 bln valuation losses in Greek banks
EconomyBankingbillion are assessed as non-recoverable. The estimated recoverable amount stands at 2.26 billion
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Unresolved pensions issues complicate the fiscal front
EconomyProgrammeestimated up to 3.7 billion (2 percent of GDP). Another issue relates to the pending pensions, i.e.
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BoG outlines steps to economic recovery, updates on banks' asset quality
EconomyMacroeconomyIn its annual report released on Thursday, the Bank of Greece (BoG) estimated that the recession will bottom out and expects a slight recovery during the second half of the year subject to political stability and elimination of uncertainty. The BoG stressed that uncertainties and high risks lie
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