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  1. Bailout review resumes in Athens but substantial gap remains

    PoliticsGreek Politics

    period according to the government proposal. 6) Insist on the implementation of the zero-deficit... non-performing loans (NPLs) by one month to April 15. The next meeting with Tsakalotos

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  2. Coalition starts to feel backlash from latest round of measures
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    government employees, making up around 15 percent of the total civil servants. Farmers in northern... and 6 percent on tuition classes, rather than a 23 percent rate across-the-board as had initially been

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  3. Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB

    EconomyBanking

    by 0.7 percent to 38.1 billion in Q3 after a shaper drop by 15 percent QoQ in Q2. As a result, the L/D... billion for NBG and 4.93 billion for Piraeus. Banks are required to submit to the SSM by November 6

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  4. Some movement on Greece's name dispute but solution still long way off
    Photo by Hectorlo via Flickr https://flic.kr/p/rvq8v7

    PoliticsGreek Politics

    last Saturday in Athens. Talks focused on the first package of 6 CBM’s (there are 11 in total... government was surprised by the fact that five of the total 15 EU member-states making up the so

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  5. The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
    Photo via Greek Finance Ministry

    EconomyProgramme

    (150 million). 6) Increase in the tax rates on income from rents (142 million). Specifically, the rise in the tax rates on rental income 15 percent (from 11 percent) for annual income below 12,000

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  6. Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
    Photo by MacroPolis

    EconomyBanking

    months of 2016 was similar or lower to Q4. The bank targets the NPL ratio to be trimmed to around 15... funding fell by more than 6 billion QoQ to 25.3 billion at the end of December and further to 24.3

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  7. Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
    Photo by MacroPolis

    EconomyBanking

    . The bank estimates a further reduction in staff costs by up to 6 percent to around 500 million... percent currently) and Eurosystem funding to assets below 15 percent. For 2016 in particular

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  8. Newsletter 67 - 18/03/2016

    Newsletters

    proposal, they are requesting lower replacement rates for the first 15–20 years and higher rates... as well as a jump in loan provisions. Core pre-provision income (PPI) improved by 6 percent quarter

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  9. Greece seeks to finalise 1 pct of GDP in new tax measures to close review

    EconomyMacroeconomy

    , with targeted revenues of 100 million. 6) Increase in the car registration tax, which is not expected... 10) Imposition of levy on cars with foreign number plates, with estimated revenues of 15 million

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  10. Nine in 10 Greeks under 30 feel marginalised due to crisis
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    training or work in another EU country. On average, only 15 percent of youth in the EU felt the same...-lowest rate (6 percent) of those who have studied, trained or worked in another EU country, a one

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