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Referendum call stretches state liquidity, pensioners first to bear the brunt
EconomyProgrammewill open for three days starting from Wednesday to pay pensioners without cash cards. However.... The second largest pension fund - self employed (OAEE) - said it was not able to pay in full pensions... amount is due to paid at the end of this month. On top of pensions, the government has to pay the first
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Newsletter 395 - 29/09/2023
participation to almost full ownership at 98.6 pct holding. As HFSF opted to sit out the subsequent capital increases, its share was substantially diluted, essentially losing its entire holding... in the share capital of Eurobank, setting in motion its plan to dispose of its holdings in the four
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State braces for losses as bank divestment plan is put into action
EconomyBankingof state capital, which pushed up state participation to almost full ownership at 98.6 pct holding. As HFSF... losing its entire holding in Eurobank, and its stake fell from 95.23 pct in the end of 2013... of its holdings in the four systemic banks, bringing to a close a long period of state involvement
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As Greek deadline looms, this is how the next days could play out
EconomyProgrammemight even be able to scrape together enough to pay the IMF if it does not receive further funding.... On that date Greece has to pay 1.55 billion euros to the International Monetary Fund due to the bundling... pay the IMF, it is unclear at the moment which of them could be available on that critical date
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Newsletter 170 -13/07/2018
diplomats and barred another two from entering the country after holding Moscow responsible for attempts... elections would be held next October. It has been argued, though, that holding the three votes... by 0.8 percent in 2018. Eurosystem funding falls by 4.56 bln in June Figure stands at 16.31 bln
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Positive sentiment around banks continues to grow
EconomyBanking. The largest holding amongst the four systemic banks is with NBG at 40.39 pct and it is expected... pct and Alpha Bank with a 9 pct holding. Market participants argue that despite the positive... its intention to proceed as planned with the divestment of the Greek state holdings, via HFSF
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Newsletter 411 - 09/02/2024
that HFSF was holding in the bank in the end of October. Another state holding that was made... as an anti-populist social progressive. Although the vote is non-binding, and has no immediate
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Parties at odds over private universities as ND faces nepotism accusations
PoliticsGreek Politicsalso objected to pay increases for cabinet members contained in the omnibus bill. PASOK spokesman Haris Koukoulopoulos said that increasing the pay of ministers who were not members of Parliament to equal 90 percent of the salary of high court judges amounted to a 46 percent pay hike. Opposition
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomybasis. The remaining difference (277 million) is owed to changes in the state accounts with the BoG
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Greek travel receipts rise 9.1 pct in January as surplus doubles
EconomyMacroeconomyto 277 euros. The breakdown of incoming tourist activity by country showed strong growth in arrivals
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