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Tsipras tries to entice voters with VAT cuts and pension bonuses
PoliticsGreek PoliticsAchtsioglou. The entire cost of the package of measures for this year is put at 1.14 billion euros
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Tsipras claims EU vote will be close as SYRIZA looks for boost from relief measures
PoliticsGreek Politicsmorning, opposition leader Kyriakos Mitsotakis said that a proper 13th pension would have cost 2.2
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBanking. Loan impairments in Greece came to 100 million in Q1 versus 59 million in Q4, corresponding to a cost
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OECD lowers growth forecast, warns Athens to maintain fiscal credibility
EconomyMacroeconomy. On the other hand, bank lending in some sectors along with credit demand are growing while the cost
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SYRIZA offers compromise over judicial dispute to prevent more turmoil before polls
PoliticsGreek Politicsbelieve cost the leftists’ support from moderate voters in the EU elections. General elections
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankingand the securitisation price. The cost will be covered using around 900 million euros from the merger
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Institutions warn of fiscal target being missed, reforms slowing
EconomyProgrammeestimate will have a fiscal cost of more than 1 percent of GDP in 2019 and beyond. These range from
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EC warns budget not on track due to handouts, advises against further underspend
EconomyProgrammethe package at a cost of 1.1 to 1.4 percent of GDP, essentially double the Greek estimates. The gap stems
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Newsletter 209 -07/06/2019
a fiscal cost of more than 1 percent of GDP in 2019 and beyond. These range from tax repayments
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Tsipras steps in to limit damage, Mitsotakis eyes tax cuts and fiscal targets
PoliticsGreek Politicspace and to borrow at lower cost. Consequently, we will achieve the fiscal targets while
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