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Government makes last-minute change to main homes bill in bid to satisfy creditors
EconomyProgrammemortgages, the assessed value of homes has been set at 250,000 euros. For business loans
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Fears and reassurances over PPC's dire finances
EconomyFeaturesAfter a disastrous set of full-year results for 2018, which showed net losses of over half a billion euros from continued operations, the future of the Public Power Corporation (PPC) has been a topic... for the other companies assessed is around 3.5 times. It concluded that PPC would be considered viable
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Banks focus on reducing NPLs linked to property
EconomyMacroeconomy, the bank outlined that they have set up two new committees for the management of non-proprietary real... the original levels regarding the assessed value of the properties that will be eligible
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SYRIZA looks to eat further into ND's poll lead in final week of campaign
PoliticsGreek Politicscontributions set to be launched on Wednesday. The measures were adopted by Parliament last week, when... be re-assessed based on the prevailing conditions. It has not all been plain sailing
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IMF highlights bailout shortcomings in latest admission of programme errors
EconomyProgrammepublic investments. The Fund in the future should set more detailed targets such as a critical floor... collapse. An internal report that assessed the first programme and reached similar conclusions
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Institutions warn of fiscal target being missed, reforms slowing
EconomyProgrammepackage, which was set to enter into force in January 2020. This involves not broadening the tax base... that these would be assessed if they came to pass. Reforms Readdressing agreed reforms, the report noted
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EC warns budget not on track due to handouts, advises against further underspend
EconomyProgrammeceilings have been set artificially high. More specifically, out of the 2.48 billion euros.... The report notes that some further expansionary measures were announced for 2020 and those will be assessed
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Newsletter 220 -20/09/2019
that the issuance was strongly oversubscribed. The coupon was set at 0.875 percent which..., reducing state arrears, making progress on privatisations, completing the adjustment of assessed
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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek Politicsfrom us,” he told the conservative lawmakers as he set out the government’s plans for the next 100... the government’s decision to readjust assessed property values in 7,000 areas next year. The government aims
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammeneeds stay comfortably below the long term GFN-to-GDP threshold, set by the Eurogroup at 20 percent...Greece’s debt sustainability was assessed again by the two main institutions tasked with the analysis of the viability of the country’s debt, the IMF as part of the Article IV consultation process
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