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No let up ahead in terms of fiscal demands for new Greek government
EconomyProgrammepercent (estimated revenues at 410 million), rise in the solidarity levy rates for individual annual... fiscal measures were estimated to increase revenues by 3.18 billion (1.8 percent of GDP) on an annual
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Tsipras raises debt relief at UN but refugee crisis may prove more pressing issue
PoliticsForeign Policyby sea. Earlier this month, the International Organisation for Migration (IOM) estimated.... The influx of refugees from Syria, who are estimated to make up around two thirds of this year’s arrivals
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Deadline for liberalisation of household and SME NPLs looms closer
Economythe NPE ratio was estimated to have risen by 2 percentage points close to 44 percent at the end... on certain eligibility criteria. The first tier fully covers the most vulnerable, which is estimated at 25
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Ministry's actuarial study shows the devastating impact of the crisis on the pension system
Economywas estimated to rise to 32.06 billion in 2019 corresponding to 16.3 percent of GDP. It is worth... billion in 2009 to 16.32 billion in 2015 and was estimated to rise further to 17.76 billion in 2019
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Multi-bill tabled as Greece aims to take last step to completion of review
EconomyProgrammeof indirect taxes are either increased or introduced with estimated revenues of 1.6 billion euros. The most... as of June 1 with estimated annual revenues of 437 million and a rise in the excise tax on cigarettes
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Lenders' report reveals long-term savings from pension reform, which also offset court ruling
EconomyProgrammeyear’s measures, including the curtailment of early retirement rights, are estimated to have..., those measures are estimated to yield savings of 1.4 percent of GDP in 2019, 1.6 percent in 2020 up
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Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingto be launched in the second half (H2) of the year. The annual befit is estimated at 35 million euros. During.... The annual benefit from the repayment of pillar II bonds is estimated at 48 million. The ongoing
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Some progress in first round of talks but most second review issues remain unresolved
EconomyProgrammeprogramme review, the GMI cost is estimated at 0.5 percent of GDP and will be covered through permanent... whether next year’s targets can be achieved. A fiscal gap of 0.2 percent of GDP is estimated for 2017
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Bank of Greece reveals lenders' NPE challenge and sets out path to recovery
EconomyMacroeconomyratio of 50.5 percent is due to drop to around 34 percent in 2019. In addition, NPLs are estimated.... Moreover, write-offs are estimated at 13.9 billion, corresponding to 13 percent of June NPEs
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Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis
EconomyBankingone third from 8.63 billion in 2009 to 5.82 billion in 2015, while a further cut is estimated... of POS sharply rose by around 100,000 in 2016, while is estimated to increase by another 90,000
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