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A closer look at Greece's revised proposals to lenders
EconomyProgrammerebates with estimated revenues of 140 million per annum in 2015-16. 5) Administrative dispute settlement on property taxation (revenues of 50 million per annum) Existing proposals These new measures... in two annual installments with estimated revenues of 600 million per annum for 2015 and 2016
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Bank holiday to end but capital controls remain and some transactions forbidden
Economy. · The daily withdrawal limit is kept unchanged at 60 euros per depositor per bank per day. However, money not withdrawn in one or more days may be withdrawn in one go per week (up to 420 euros per... educations expenses abroad related to living expenses are allowed up to 5,000 euros per quarter via
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China's footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agoraand Slovakia represented 95 per cent of total Chinese FDI within the 16+1 framework in 2016. Greece... 2016, COSCO acquired 51 per cent of PPA for the price of Euro 280.5 million. The Chinese investment..., the world's biggest utility, purchased a minority stake (24 per cent) in Greece's power grid operator ADMIE
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Card usage gains traction with debit cards leading the way, BoG finds
EconomyBankingversus 60 billion euros in 2017. The average number of transactions per card increased by 20 percent YoY, or 54 transactions from 45. The average value per transactions remained similar to the level in 2018. Meanwhile, the average value of transactions per card increased by 3 percent YoY and came
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A sudden turnaround that could lead to sharp shock
Agorapct of services receipts, while shipping is more consistent in the region of 3.4 to 3.9 billion per.... Households consumption has been hovering around 32 billion euros per quarter over the last year, averaging around 10 billion euros per month. So far, only supermarkets have seen a surge in sales
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Newsletter 23 - 17/04/2015
had to pay back to the IMF in March. Each of these payments brings relief that a possible default has... reserves of several general government bodies to pay its debt obligations, which include the rolling... that in order to pay salaries, pensions and lenders, the government has held back on payments
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Greece is gasping for a deal
Agorathat Greece had to pay back to the IMF in March. Each of these payments brings relief that a possible... in to the cash reserves of several general government bodies to pay its debt obligations, which include... has been that in order to pay salaries, pensions and lenders, the government has held back
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As Greek deadline looms, this is how the next days could play out
EconomyProgramme. On that date Greece has to pay 1.55 billion euros to the International Monetary Fund due to the bundling... pay the IMF, it is unclear at the moment which of them could be available on that critical date... Liquidity Assistance (ELA). The Greek government also needs to pay wages and pensions at the end
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SYRIZA fails to make any friends with new public sector wage grid
PoliticsGreek Politicsof a total of 567,000 civil servants receiving pay rises of between 15 and 80 euros, spread out over... that this was not the major intervention in public sector pay that SYRIZA had hoped to make “but it stops... pay increases. The government has failed to convince the public sector workers’ union ADEDY that its
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A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors
EconomyProgrammelevies on pay TV and on bank cheques or bank transactions. Personal income tax A new unified tax... percent of self-employed with income below 32,000 euros would pay lower income tax with the new tax... retirement pay amount exceeds 1,300 euros, rise in contributions for supplementary pensions by 1
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