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Cosco's 369 mln Piraeus Port improved bid accepted, seals latest privatisation
EconomyBankingby 25.7 percent to 22 euros today. HRADF also said the total value of the agreement would reach 1.5... investments. During the first stage of the transaction, COSCO will pay 280.5 million for a stake of 51... agreement, including investment of 300 million, it would pay an additional amount of 88 million
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Labour market reforms did exactly what they were supposed to
Agoraabove Portugal’s and 17 percent higher than the minimum wage in Spain. By 2009, total exports were... in the private sector would need to be significantly reformed, pay rates for overtime work would... allow local pay agreements to set wage growth below sectoral agreements and introduce variable pay
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomydiscovered that they were being asked to pay a disproportionally high amount of tax for their properties... percent of the total 6.15 million) paying more than 500 euros. Taking into account that each household comprises of 2-3 taxpayers, this means that one out of five households will have to pay a tax
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Survey sheds light on sentiments in lockdown, as govt backpedals on voucher scheme
PoliticsGreek Politics, and three in 10 will pay more bills online. Up to 37 percent of workers would be willing to work from..., four in 10 were unable to pay a bill, and 16 could not afford a basic purchase in the last month... training providers. Out of the total 190 million euros earmarked for the programme, 36 million would
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Greek banks' equity raising could keep official support to a minimum
Economytheir capital base by around 9.7 billion in total from private investors, of which 3.5 billion relates.... Eurobank The bank announced on October 29 a voluntary exchange offer for a total of 877 million... Fund (HFSF), while three private investors control a total stake of 34.5 percent. In particular
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Tsipras's choices are becoming clearer but not any easier
Agoraelections in the eurozone’s paymaster. They may be holding out hope for a political sea change... the 3.6-billion-euro total, this could form one element of a compromise. The other aspect that needs... of Greece governor Yannis Stournaras said that a legally-binding commitment to implement further debt
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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek Politicssee the start of the pilot trial at the Council of State which is expected to rule on back-pay... pension fund EFKA. The ruling will set the precedent for all back-pay claims, and is expected to be published within the first half of the year. Estimates of the total cost of the claims range from 4.2
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Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?
EconomyFeaturesAthens. A few dozen protesters organised by the anti-austerity “I Won’t Pay” movement and the political... for 106 lots, while 75 individuals were named against a total of 177 lots. On 28 March, there was a similar split. Out of the total 240 lots, 43 businesses accounted for 92 lots, while 75 individuals
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Newsletter 460 - 02/05/2025
13.5 of the total. The projected results put ND at 29 pct, closer to the party’s own notional..., the majority of those agreeing with the direction (53 pct and 50 pct of the total respectively) said... measures will pay off in terms of the poll ratings in its favour over the coming months.EconomyFiscal data
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Newsletter 23 - 17/04/2015
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 in emergency liquidity assistance (ELA), which reached a total of 68.51 billion. This is the highest it has
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