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Newsletter 54 - 04/12/2015
on November 20 and is due to be voted on December 5, foresees revenues of 49.11 billion in 2016, up... more than 50 percent of the vote, a second ballot will be held on January 10. Only the two leading... was rightly held to account for failing to live up to what he agreed in late October but another 10
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Greek pensions: The unsolvable equation
Agoraand was facing a default, the pension funds were looking at a gaping hole of almost 5 billion... dropping from more than 13 billion euros in 2009 to an estimated 10 billion in 2016. Contributions..., the equivalent of 10% of GDP. It is the spending as a proportion of national output that is widely used
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A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors
EconomyProgrammefrom 2.2 percent for incomes between 12 – 20,000 euros up to 10 percent for incomes above 220,000... burden up to 5 percent of their income for those with incomes above 50,000 euros. In addition, 92... rate on dividend income from 10 to 15 percent and higher tax rates on income from rents. Pension reform
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Greek banks on cusp of improved liquidity conditions
Agora100 million. As an indicative reference, for each 10 percentage point cut in the collateral haircut..., while the Piraeus figure stands at 10 billion. We understand that the collateral that may be used... lines stemming from the 1 billion deposit return. In case deposits worth 5 billion euros return
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Newsletter 78 - 17/06/2016
financing needs remaining below 10 percent of GDP. The BoG report also provided an update... of the total UK population when it is actually around 5 percent. Britons also vastly overestimate how much... in 10 British voters are not aware that MEPs are elected. Greece has also seen high levels
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Greece's harsh social reality
Agoramarriages of all durations, the most marked rise was in marriages of more than 10 years, where..., falling to 5 percent of the monthly spend. Hotels, cafes and restaurants dropped by a percentage point to below 10 percent. The drop in spending across all categories has been precipitous since 2008
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What Greece’s draft agreement with lenders foresees on labour and pension reforms
EconomyProgramme, as was evident from the negotiations between Greece and its lenders so far as well as the December 5..., the number of redundancies over a period of 30 days is set to at least 10 in companies employing more than 20 and less than 100 workers, at least 10 percent of the workforce for firms employing
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Greek women in crisis
Agorain Crete and for the last 5 years, has been caring for an elderly lady of 90 years old. She gets paid 450.... Maria had been working as head of finance in a large multinational advertising company for 10 years... of 10 months of maternity leave (the 4 months plus the 6 provided by the state). A few years later
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Stocks finish week on high after progress at Eurogroup
Economythe beginning of the year. The top outperformers this week included Ellaktor (+10 percent), Hellenic... losses stood at 6 million in 2016 compared to 60 million a year ago, while its turnover fell by 5... income fell by 10 percent quarter on quarter to 227 million in Q4 mainly due to higher operating
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Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
EconomyBankingin Q1, while the target is a further reduction close to 10 percent. The bank said it exceeded the NPE... million in Q2, but declined by 5 percent to 582 million in H1, on the back of a drop in personnel... (CET1) ratio improved by 10 basis points (bps) QoQ to 16.9 percent in Q2, while the fully-loaded
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