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Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economybillion above the 2 billion SYRIZA forecasts b) The increase in the Public Investment expenditure, which... to 12,000 euros (at 2 billion by the MoF, 500 million above that of SYRIZA) b) increased funds for local... consumer loans. Assuming an average loan haircut of 50 percent (equal to the respective impairment
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The politics of debt dynamics in Greece
Agorapercent.[2] Despite these favourable parameters, there are also serious doubts about Greece’s capacity... the repayment timetable from over 30 years to 50 years implies burdening the next generation with a major... in the second quarter of 2016. [2] The Greek government’s 2014 debt projections are included
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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammeand also connect with KEPE, the government’s Centre for Economic Research. 2. The second reform involves... to be hired on a strictly short-term, casual basis (up to 2 months and without any prospect of being...) installments. Note that the previously announced 50 percent haircut on tax debt generated until the end
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBanking. The network was trimmed by more than 50 to 1,032 branches. The sharp rise in provisions led cost of risk... of 2 billion. The February breakdown showed ELA funding at 17.6 billion and ECB funding at 4.8...-Bills of just over 2 billion euros and Greek government bonds (GGBs) of 1.5 billion. The Basel III
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Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers
EconomyProgramme. 2) Increase in luxury tax in cars, pools and yachts with estimated revenues of 20 million euros. 3... with estimated revenues of 50 – 70 million euros for 2015. 6) Improvement of the VAT collection mechanism through... billion euros for a primary surplus of 1.5 to 2 percent of GDP to be achieved for 2015.
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Newsletter 42 - 11/09/2015
, of the total financial envelope of 50 billion that was earmarked for Greek bank recapitalisation... with the conservatives, SYRIZA will be searching for a minimum victory over New Democracy of about 2 percentage... lowest reading this year. 2 Looking in from the outside External observers wisely avoid misguided
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Newsletter 45 - 02/10/2015
indicate that it may be split in two subtranches of 2 and 1 billion, respectively, meaning that two... aiming to take part in the race, but it was unclear if he would collect the signatures of 50 political... Sentiment in September saw the biggest rise in 13 years. 2 Not a winter for ineptness Country must
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Newsletter 49 - 30/10/2015
of 2 billion euros. A few days later, on October 27, the government’s council for economic policy... grandees – to push his ratings above 50 percent so he can clinch the contest in the first round... in September. October’s rise took the index to -59.6. Overall,ESI is down 12.6 points this year. 2
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Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
EconomyBankingpercent of nominal value for senior securities, at 80 percent for Tier 2 and at 50 percent for Tier 1... bank bonds. The offer relates to 532 million senior bonds, 267 million Tier 2 securities and 78
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Marginal changes in loan and deposit rates in Sept
EconomyMacroeconomy, it still stands 50 bps above the euro area average of 0.68 percent. Before the introduction... deposits fell by 2 bps to 0.69 percent in September indicating the lowest reading in the post-euro era... lower loan and deposit rates led the average spread of Greek banks down by a modest 2 bps to 4.10
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