Search
-
The key elements of the draft agreement between Greece and lenders
EconomyProgrammeto clinch an agreement on the second review at the December 5 Eurogroup. We present the key... (airbnb) 5) Additional measures to be identified after the spending review or in other areas of non... the use of the attrition rule starting from 1:5 in 2016 to 1:4 in 2017 and 1:3 in 2018.
15% -
Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomyin December after a higher drop by 5 bps in November, Bank of Greece (BoG) data displayed on Thursday... increased by 5 bps to 4.59 percent. As a result, the corporate loan rates in the Greek market remain more... banks up by 5 bps to 4.53 percent in December. In the previous month, the average spread had
15% -
Multi-bill on way as Athens aims to complete third review by Jan 22
EconomyProgramme, which is likely to be more than 5 billion euros, and to officially bring the third review to a close... of developments, starting with another bond issue by the government. It is expected that Athens will issue a 5- or 7-year bond with the aim of raising between 3 and 5 billion euros, which will strengthen
15% -
How Greece sleepwalked off a cliff in 2009, in black and white
Agorain the fact that in 2009 the primary deficit was expected to reach somewhere between 4 and 5 percent of GDP... be the utmost priority for Greece's fiscal policy. Primary surpluses between 5 and 6 percent of GDP would... 5 percent, the primary gap that Greece would have to tackle stood at between 9 and 11 percent of GDP
15% -
NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingdue to a seasonal increase of 5 percent in operating expenses. On an annual basis, PPI increased by 4... million in corporate loans and -5 million in consumer loans. These decreases offset a positive NPE... related fees. As mentioned, operating expenses rose by 5 percent QoQ in Q4. For the year, the figure
15% -
Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend
EconomyMacroeconomybillion euros. Primary expenditure came to 16.10 billion euros, very slightly over target by 5... of the year showed that primary expenditure came to 16.10 billion, very slightly over target by 5 million... the target by 5 million. Overall, in the first five months of the year, expenditure declined by 3.8
15% -
May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls
EconomyMacroeconomybillion euros. Primary expenditure stood at 16.10 billion euros, above target by a slight 5 million... showed that primary expenditure came to 16.10 billion, very slightly over target by 5 million euros... the target by 5 million. Overall, in the first five months of the year, expenditure declined by 3.8
15% -
Newsletter 175 -21/09/2018
, the levy on dividends being slashed from 15 to 5 percent, a 30 percent cut in the ENFIA property tax over... of under 5 percent and the highest of all EU countries. The mortgage sector has displayed poor..., transactions by credit or debit cards came to around 5 percent of GDP. By 2017, the year for which
15% -
Newsletter 198 -15/03/2019
until April 5 would not be as damaging as Greek officials felt it would be just a few months earlier... in Bucharest on April 5 can give the green light for the disbursement, which is then expected to prompt Athens...” for an agreement to be reached on all the outstanding items of the second review by April 5. PDMA releases
15% -
Government move over primary residences raises questions
PoliticsGreek Politicslead to the April 5 Eurogroup not giving the green light for almost 1 billion euros in debt relief... Eurogroup on 5 April," he said. In Athens, government officials insisted that Greece is not acting... on with the job of legislating the new framework ahead of the April 5 Eurogroup. As with the discussion
15%