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What are Greek coalition's plans for privatisation programme?
Economyseparate projects: 1) The split and sale of a 30 percent stake in PPC capacity and client base... to be completed in 2015. 3) The sale of a 17 percent stake in PPC. The liberalisation of the energy... by the Technical Chamber of Greece, showing that its value was worth 3 billion euros, more than 3 times
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Greece sends reform list to creditors, here's an outline of what it's likely to contain
PoliticsGreek Politicsby the Eurogroup last Friday. According to government sources the reform list includes: 1) All... 30,000 apartments with a rent subsidy of 3 euros per square meter (54 million). 2) A large part... stated that the government aims to collect revenues of 3 billion from the new legislation on settlement
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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammefor recovery and growth of the Greek economy”, to begin soon. Reforms 1. The first reform relates... independent and/or regulatory entity. 3. The third reform is linked to revenue administration.... Although Valavani had indicated the government would target revenues of 3 billion, the list does
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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingII bonds, 9.2 billion to credit claims, 3 billion to pillar III bonds, T-Bills and Greek government... securities, Eurobank could replace ELA with ECB funding for the 3 billion related to pillar III... percent, also down by 1 percent point QoQ. Eurobank's management stressed that key catalysts for a return
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammerate applied on tax obligations above 5,000 euros from 3 to 5 percent. For lower amounts... billion euros from the new bailout to cover: 1) The redemption of the 3.2-billion-euro Greek... for Greek bank recapitalisation as outlined in the Euro Summit statement of July 13. 3) The repayment
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Opinion polls indicate fragmentation, close election race
PoliticsGreek Politicsin agreement on several key factors: 1) SYRIZA has a narrow lead of 2 to 3 percentage points over New... somewhere between 25 and 28 percent, compared to 36.3 percent in the January vote 3) New Democracy’s... with Democratic Left (DIMAR) but not ex-Prime Minister George Papandreou’s party, is seen clearing the 3
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Asking Greece to stack more austerity measures ignores past failings
Agorawill need to implement 3 percent of GDP, more than 5 billion euros, in further austerity measures up... issues of 3- and 5-year bonds and, after years of recession, the first sign of growth was recorded... negotiations was that the goal for the primary surplus in 2018 was lowered by 1 point to 3.5 percent
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Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
Economylowest level since October 3, while Greek stocks recorded cumulative losses of 3.4 percent... 1 that its Board of Directors elected George Handjinicolaou as non-executive chairman. Louka Katseli, chairwoman at NBG, resigned on November 3, while Panagiotis Thomopoulos elected new non-executive
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Greece completes first bond issue in three years, eyes more on way out of programme
EconomyGreece has tapped capital markets with a 5-year bond issue for the first time since 2014, raising 3... offer was 2.08 times oversubscribed. Of the total amount of 3 billion raised from the new bond... times for the cash transaction. Around two-thirds (almost 1 billion euros) of the notes offered
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IMF insists fiscal targets unrealistic, cites historical evidence to support case
EconomyProgrammeperiod, Greece has been running a primary deficit in the region of 3 percent of GDP. The only exception was a period of eight years during 1994-2001 when it was running a primary surplus of 1 percent to meet the overall deficit target of 3 percent for euro adoption, though quickly reversed to primary
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