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NBG boosts capital base by selling total stake in Finansbank
EconomyBankingto the relevant approval by the Single Supervisory Mechanism (SSM). CoCos bear an annual coupon of 8 percent...-provision income (PPI). In addition, the group’s net loans are set to decrease by 17.5 billion euros to 46.3 billion after the transaction, while deposits are also set to be reduced by 13.9 billion to 41.9
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Newsletter 61 - 05/02/2016
of the current set of reforms. However, the lack of dissent is perhaps an indication of the determination... the single largest gateway to other destinations further north in 2015, in particular towards Germany... that Greece can only muster as a programme country in accordance with the parameters set
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Newsletter 64 - 26/02/2016
the meetings, held on Monday and Thursday, the government proposed a new set of measures to farmers, aiming... addressing the huge stock of non-performing loans (NPLs). In this context, the BoG will set... was emphatic: “Not a single one.” It is much more difficult to become agitated with a flow of people
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What next for Tsipras the shapeshifter?
Agoraan assertion that he could not back up? The truth is that there may be no single or clear answer... the magic figure of 3.5 percent of GDP primary surplus in 2018, which was set as the target... believes that the targets set by Athens are questionable because the introduction of all these new
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Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes
EconomyMacroeconomyThe multi-bill tabled in Parliament on Wednesday evening included a set of parametric fiscal... that Greece has to make by 2018 as part of the first programme review. The bulk of the latest set... in the objective property prices, the rates applied for the calculation of the single property tax (ENFIA
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Opposition tries to pin government down over last year's Plan X
PoliticsGreek Politicsif it was forced to leave the single currency. The report is said to have been delivered to Prime... leaving the euro. It is believed that the difficulties set out in the study played a significant... clarified on the website of the DiEM25 movement set up by Varoufakis. New Democracy chief Kyriakos
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New Democracy seeks higher ground in escalating TV permits row
PoliticsGreek Politicsbeen tense after he hired his daughter at the Greek Parliament on the single day he served..., which set the ceiling at four) and that the cost of each permit should be the same (rather than... to escape the “decay” being caused by the current government. The stage is now set for an almighty
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Newsletter 94 - 04/11/2016
-level collective agreements. In addition, they believe the state should set the minimum wage... that Greek firms have been flocking to Cyprus, reportedly in their thousands, to set up shop. There can... this is the single biggest factor that will determine Greek economic prospects. Getting out of the programme
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What could Trump's victory mean for Greece?
Agorain which the populists of the extreme right set the agenda. Under such conditions, which eurozone... long painted as the feckless laggards of the single currency, are to be given a helping hand? At home... more so when this is set against a global backdrop of a liberal democratic order that has lost touch
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What Greece’s draft agreement with lenders foresees on labour and pension reforms
EconomyProgrammeagreements will be set to three months. On the burning issue of mass layoffs, the draft sMoU clearly..., the number of redundancies over a period of 30 days is set to at least 10 in companies employing... social security funds should be merged into the new single body for social security (EFKA
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