Search
-
Tsipras and Mitsotakis speak to their MPs but address wider audience
PoliticsGreek Politicscan still reach a “political agreement” on the review by the December 5 Eurogroup, Tsipras set out...” in increasing the limit on collective dismissals, which currently stands at 5 percent of the workforce per month but which Greece’s lenders reportedly want to increase to 10 percent. His comments
12% -
Eurogroup grants short-term debt relief but leaves Athens fretting over fiscal targets and IMF
EconomyProgrammeof GDP primary surplus for. He said they ranged from 3 years, to 5 and 10. This is bad news... being reduced by 20 percentage points and gross financing needs by 5 points of GDP between now
12% -
Bill aims to encourage more electronic transactions in Greece
EconomyMacroeconomy, the minimum amount stands at 10 percent of income, for incomes between 10,000 and 30,000 euros the respective... a new one with an initial surcharge of 5 percent (on the tax due) if it is submitted by the end... surcharge subject to the reference year of the tax form. It ranges from 5 percent if the reference year
12% -
Newsletter 101 - 23/12/2016
– even though eurozone finance ministers signed off on the measures at the December 5 Eurogroup... reference to the monthly limit on mass sackings, which the institutions want to increase from 5 percent of the workforce to 10 percent. Any agreement on the framework for collective dismissals will have
12% -
Another spin of the wheel for Greece
Agoraon December 5, when (in the absence of the second review being wrapped up) the Eurogroup agreed... percent compared to last year as exports fell by 2.7 percent during the first 10 months of the year... also previously aimed to conclude the talks by the December 5 meeting of eurozone finance ministers
12% -
IMF examines where programme went wrong, what lessons were learnt
EconomyProgramme€1.9 billion during the program period, corresponding to just 10 percent of the initial target... of more than 5 percent of GDP within three years (or 1.7 percent per year on average) has an increasingly..., there have been only 15 cases of recessions of longer than 5 years, while no country sustained a primary
12% -
From MoU exit to Grexit: Where next for Greece?
Agorafor Tsipras. An attempt to reach an all-round deal at the December 5 Eurogroup foundered. From... and for less than the 10 years agreed in the fraught summer of 2015. Armed with these gains... by pushing Greek sovereign yields down to around 5 percent, which would enable a small, medium-term
12% -
Athens, lenders trying to put last pieces in place for technical agreement
EconomyProgrammeon mass layoffs to increase from 5 to 10 percent may be dropped. The IMF has also reportedly backed... of 5 percent for pensioners of the Social Security Institute (IKA), the largest pension fund
12% -
Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBankingimpairment losses. Core pre-provision income (PPI) fell by 10 percent quarter on quarter to 227 million.... For 2017, management foresees a further drop in operating expenses by around 5 percent, also including... 1,200 employees in late 2016. Impairment losses rose 5 percent QoQ to 220 million, while sharply
12% -
Newsletter 122 - 09/06/2017
7.5 and 10 billion euros) to be released, but would mean that the Washington-based organisation does... increasing for the previous eight months Imports and exports increased by 5 and 3.8 percent, respectively... of ships, imports and exports increased by 5 and 3.8 percent, respectively, while the resulting trade
12%