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  1. 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

    14%
  2. 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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  3. 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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  4. IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    ) Payment deferrals that would arise from extending the grace periods by 6 years for ESM loans... lead to lower gross financing needs remaining close to 15 percent of GDP by 2060. However, if growth

    14%
  5. Greek stocks rebound 1.9 pct during week

    Economy

    , weighed by a drop in sales by 6 percent to 1.05 billion, while EBITDA fell 15 percent to 79 million

    14%
  6. Deal for Hellenikon sealed; gov't sees improved terms, economic boost ahead
    Photo via Flickr https://flic.kr/p/r7FCCf

    Economy

    euros, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80 percent of those investments will be implemented within 12 years instead of the 15 years foreseen

    14%
  7. BoG proposes debt relief measures and lower primary surplus target from 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    of GDP from 3.5 percent from 2018 onwards and would keep gross financing needs (GFN) well below the 15... 5) Greek government bond (GGB) rates of 4.25 percent 6) IMF loan rates of 3.65 percent until 2020

    14%
  8. Lower foreign arrivals lead to 7 pct drop in April travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    the 5-month period. SETE projects foreign arrivals to rise by more than 6 percent to 25 million in 2016, while tourism revenues are expected to record a broadly similar growth to 15 billion this year.

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  9. Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
    Photo via Flickr https://flic.kr/p/9SDyrr

    Economy

    their initial interest in TRAINOSE in the previous phase that was concluded on April 15. The interested... of May and was later extended for July 6. In the initial tender process for ROSCO conducted in October

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  10. Newsletter 81 - 08/07/2016

    Newsletters

    subtracting 15 percent from gross savings in pensions, 45 percent in (public sector) wages... euros and slipped by 6 bps to 5.17 percent for amounts between 250,000 and 1 million euros

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