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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammeand also connect with KEPE, the government’s Centre for Economic Research. 2. The second reform involves... to be hired on a strictly short-term, casual basis (up to 2 months and without any prospect of being... and reward those who pay the full amounts of tax debt upfront versus those who pay in (up to 100
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Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it
EconomyMacroeconomy. In particular, for upfront payment the amount of penalties and surcharges is eliminated, for 2 to 5... to 100 installments the cut in surcharges stands at 55 to 30 percent. If a taxpayer misses... of penalties and surcharges stands at 70 percent, while for 51 up to 100 installments the respective cut
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Budget primary surplus grows in April thanks to one-off revenues and restricted spending
EconomyMacroeconomy, bringing the 4-month figure at 15.04 billion, up 2 percent. Compared to targets, the April revenues...-recurring item, the underlying revenue collection shows a drop by 2 percent in April and 1.8 percent... the settlement of tax arrears in up to 100 instalments. According to a previous MoF announcement, revenues from
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBanking, 84 million euros in preferred securities and 18 million hybrid (Tier 2) notes. For senior notes in particular, the proposed exchange offer stands at 100 percent of nominal value. The bank aims to raise capital up to 0.8 billion for the LME. The last key pillar involves the sale of 100 percent of its
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Greek banks' capital actions underway, state aid seen as low as 4.7 bln
Economysplit (1:100). NBG NBG initially announced it would seek to raise 1.6 billion from the non-preemptive... as the bail-in of securities, meaning that the bank would seek state aid of 2 billion to cover its... around 2 billion would be in the form of CoCos and 0.7 billion in common shares. The book building
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Greece concludes regional airports deal, more privatisations lie ahead
Economy) is expected to be concluded within the first quarter (Q1) of 2016, while the sale of 100 percent... being completed by mid-February. Pitsiorlas also said that the sale of 100 percent of Hellinikon... budget, the Finance Ministry indicated privatisation revenues of 2 billion euros for 2016, lower
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Gov't postpones discussion on parallel programme ahead of tranche approval
Economyprocess, while it added that the total cost is “extremely low at around 100 million”. The only... interventions such as: 1) Establishment of poor citizens’ bureaus. 2) Health support for uninsured... of the criteria for the beneficiaries of health and medical support (100 million), the re-granting
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Newsletter 63 - 19/02/2016
, Eurobank is due to publish results on March 2, followed by Alpha and Piraeus on March 3 and 9... (ELA) ceiling for Greek banks by 100 million to 71.4 billion. Since mid-August, the ECB has cut the ELA... of 97.3 percent, with the company market value currently standing at around 100 million. Expressions
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Check, please: How much Alexis Tsipras's first months cost Greece
Agorato additional fiscal measures worth 2 percent of GDP in the form of pension cuts and tax hikes for 2019... to the acrimonious negotiations with the creditors, at a cost of nearly 2 billion euros. Repos The Greek... to contend with claims that he cost Greece 100 billion euros, which is the sum that some attach
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammeinto a 3 percent long-term nominal growth rate, on the assumption that inflation will reach 2 percent... used in 2015 will be recovered, noting that 2 billion euros were already repaid in February last year... was seen at 165 percent in 2020, deescalating further to 127.2 percent in 2030 and below 100 to 96.4
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