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PPC: The struggling electricity giant dominating bailout talks
EconomyFeaturesCommission (EC) decision in 2008, which makes it obligatory for the Greek state to launch public... this decision. At the end of February, the total capacity in the Greek electricity market stood... that the total of 14 lignite and 16 hydroelectric units with a combined market share of 42.6 percent
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General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
EconomyMacroeconomy) of total expenditure relates to social benefits, which stood at 12.24 billion, while compensation of 5.24 billion makes up 21.7 of the total figure. Arrears Arrears to the private sector (including... up 45.6 percent of the total figure followed by tax refunds of 1.05 billion (21.2 percent
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Newsletter 164 -01/06/2018
billion euros (10.6 percent of the total). Overall, 839,891 debtors fall into this category, an increase... and 30,000 euros each for an aggregate amount of 2.98 billion (9.3 percent of the total). The number of debtors in this bracket rose by 1,534 to 136,888. Over one fifth of the total debt (21.7 percent
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Is a lack of spending hampering Greece's firefighting capabilities?
Societypercent of the country’s forest cover burned, a total of 2,700 square kilometres. In hundreds of fire... may surprise austerity critics. Total expenditure on fire protection (an aggregate figure combining... of total government spending, equalling or exceeding the European average of 0.4 percent, and surpassing
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Newsletter 208 -31/05/2019
on Sunday, less than 2 percent of the total, in a disappointing performance. This has raised questions... that don't make it into Parliament gain a total of around 8 percent of the vote and that six parties... highest overall fiscal performance with a total surplus at 1.1 percent of GDP, which confirm that Greece
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Newsletter 241 - 28/02/2020
, some of which were destined for the port of Piraeus. Shipping makes up 7 percent of Greek GDP...’s three securitisations under the code name Cairo, with a total value of 7.5 billion euros... billion in total. The portfolio consists of three different securitisations of varying size
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Newsletter 19 - 13/03/2015
representing Greece's creditors. Eurosystem funding hits €100bn mark ELA now makes up 63 percent of the total Eurosystem funding passed the 100-billion-euro mark to reach 104.25 billion in February... 63 percent of the total, compared to just 6 percent in January and zero in May 2014. The absolute
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Newsletter 23 - 17/04/2015
and privatisations. That the Greek premier admits these differences of opinion makes it all the more... increase in NPL stock is equivalent to the total in NPLs that were added throughout the whole of 2014... billion in total, which is the highest reading since January 2013. The rise is due to an increase
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Greek banks in intensive care: What lies ahead?
Agoratax asset (DTA) makes up more than half of the reported equity. Overall, DTA amounted to 15.6... percent of total deposits at that time. Thus, a potential haircut of 23.7 percent on June-2014.... It is apparent that since total deposits have dropped by 43 billion since June 2014 a much higher
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A breakdown of the funding needs involved in Greece's third bailout
EconomyProgrammeto build-up state deposits. Overall, these five contributors to gross financing needs amount to a total of 90.2 billion, of which debt amortisation makes up 40 percent of the total, bank recapitalisation... government, raising total the debt amortisation figure to 35.9 billion. Another debt-related element
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