Search
-
Management of NPLs to test gov't in negotiations with lenders
Economy) Initiation of the preparatory work to update and amend the out-of-court resolution law. 2) Proposal... of September, meaning a rise by 2 percentage points in the third quarter close similar to the asset quality
6% -
Coalition poised to unveil pension reform proposals, hoping to avoid cuts
EconomyProgrammeand granting of pensions. 2) The final pension amount will be made up by the national and the main... the amount that around 2 million people in the public and private sectors contribute to the social security
6% -
Time deposit rate almost stable in December, average loan rate rises 17 bps
EconomyMacroeconomy, the weighted average rate on total new deposits eased further by 2 bps to a new low of 0.56 percent in December mainly driven by a 2 bps drop in corporate overnight rate. Loans The most notable rate changes
6% -
Greek pensions: The unsolvable equation
Agorain 2010, the equivalent of 2 percent of that year’s GDP. Contributions evaporate By design, the Greek... in 2016. Spending on welfare has been almost halved from 4.2 billion euros in 2011, 2 billion of which... took a major hit not only as a result of people dropping out the labour force en masse but also due
6% -
Newsletter 62 - 12/02/2016
at an accelerating pace of 5.2 percent in December from an upward revised 2 percent in November. December’s... is the highest since January 2007. 2 A rock and a hard place PM can no longer charm his way out
6% -
Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammeunconstitutional the pension cuts imposed in 2012. This is estimated up to 2 percent of GDP or 3.7 billion... main and supplementary pensions as well as lump-sums. The hidden fiscal gap is estimated in excess of 2
6% -
Newsletter 63 - 19/02/2016
, Eurobank is due to publish results on March 2, followed by Alpha and Piraeus on March 3 and 9... over the past four years. Apartment prices fell for the seventh straight year in 2015. 2 A marriage
6% -
Greek stocks up for second straight week, rising by 5.5 pct
Economy50 percent with revenues rising by 2 percent to 1.04 billion and EBITDA falling by 4.2 percent... results on March 2 and 3 respectively.
6% -
Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammesometime in the next few months. 2) Tax rate of 30 percent on OPAP Video Lottery Terminals (VLTs... the pension cuts imposed in 2012. This is estimated up to 2 percent of GDP or 3.7 billion euros
6% -
Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingfor cost of risk south of 2 percent in 2016 and below 1 percent in 2017-18. The overall stock... of risk below 2 percent and flattening out NPL formation. The single most important driver for PPI
6%