Search
-
What would a clean bailout exit for Greece mean in numbers?
AgoraWith approximately 145 billion euros in loans, the ESM is by far the largest creditor of Greece, holding 43.... The outstanding amount at the moment must be just over 27 billion euros. The holdings of the ECB... profile until 2020. Excluding Eurosystem holdings, Greece would be looking at a very modest level of debt
9% -
Banks’ EFSF bonds QE eligible but with little impact on liquidity
Economyin the programme. The bulk of banks’ EFSF bond holding were used until now as collateral for ECB funding... for the participation of Greek banks’ EFSF bond holdings in ECB quantitative easing (QE) in the context of its Public... shows Piraeus has the largest EFSF bond holdings of 14.26 billion euros at the end of 2015, followed
9% -
Newsletter 203 -15/04/2019
is currently on the minimum wage and earning 9,100 euros a year pay 730 euros in income tax in 2020... in revenues and at broadening the tax base so a much higher number of Greeks pay income tax..., lower social security contributions for the self-employed and the funding for the rent subsidy
9% -
ELSTAT shows decrease in material deprivation, poverty risk, while education mobility remains static
Societybe unable to pay for a week’s holiday away from home. The figure rose sharply for poorer households, reaching 79.5 percent. Likewise, nearly half of all households said that they would struggle to pay.... According to ELSTAT’s findings, persons at risk of poverty or social exclusion represent 30 percent
9% -
Newsletter 109 - 03/03/2017
is still holding out hope that the volume of measures it will have to legislate will be lower than 2... by a negative flow of 1.12 billion. Faster fall in Eurosystem funding in January At 63.01 bln, central bank funding hits lowest level since late 2014 Monthly drop largely reflects a marked decline
9% -
Newsletter 111 - 17/03/2017
), who did not have to pay any personal income tax in 2016, would have to pay as of 2019, assuming... in the previous three quarters. Eurosystem funding falls for 20th month in a row ELA funding increased by 330 million in February Greek banks’ Eurosystem funding fell for the 20th successive month, albeit
9% -
Tsipras identifies first bills, domestic approval assured
PoliticsGreek Politics, allowing them to pay off unpaid taxes or social security contributions in up to 100 instalments... enterprises that owe up to 5,000 euros and do not have the ability to pay off this amount. Alternate... after tax evaders rather than have to refer their findings to tax offices, where there is often
9% -
Tracking Greece's fiscal performance
Agorahas to pay for them later, or only receives revenues from them later (say, the revenues for the month... subsidy on its interest bill, relative to what it would have to pay if the debt were held by the market... interest rates on the debt. Figure 3 summarizes the headline findings, using the ESA accrual accounts
9% -
NBG raises 300 mln from SME loan securitisation in first such Greek transaction since 2007
EconomyBankingEnterprises Messinia (controlled by Konstantakopoulos group) and D-Marine Investment Holding (Dogus... such transaction by a Greek bank since 2007. NBG raised medium-term funding of 300 million euros from... aims to diversify the bank’s funding sources and facilitate future market access reducing
8% -
Tsipras upbeat about funding deal but also mulls referendum in case of impasse
PoliticsGreek PoliticsIn his first TV interview since becoming prime minister, Alexis Tsipras expressed his optimism regarding an agreement with lenders in the next couple of weeks but said that he would consider holding... in the way of Greek banks increasing their T-Bill holdings above 9 billion euros, to 15 billion euros
8%