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  1. Papandreou's bid for new role in Greek politics far from simple task

    PoliticsGreek Politics

    of anything more than 3 percent – enough to give him a presence in the next Parliament and thrust him... newspaper on December 11 suggested that 6 percent of Greeks would consider voting for a party led... appears an uphill task. Gaining 3 percent of the vote after just three weeks of existence in the current

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  2. Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

    Economy

    percent to 351 million, just 29 million short of target, while consumption taxes fell by 3 percent... (including penalties and surcharges), which corresponds to 3 billion. Note that the troika had raised... million more than 6 times higher from last year and a nosedive in PIB expenditure by 54 percent

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  3. Reported widening of revenue shortfall in Feb as liquidity worries persist

    Economy

    in the domestic economy in the first two months of the year. Revenues from consumption taxes fell 3 percent... that ENFIA was due to be paid in 6 instalments (from September until February), while the outcome... 20 Eurogroup decision, which means that Greek banks have an ELA liquidity buffer of 3 billion

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  4. Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it

    EconomyMacroeconomy

    -third of the collectable tax arrears, around 3 billion euros. Regarding the impact these measures would... installments the reduction is 90 percent, for 6 to 50 installments it is 80 to 60 percent, while for 51... is lowered to 3 (from 4.56) percent per year. A broadly similar process is provided for social

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  5. Gov't adopts patchwork of measures to overcome liquidity problems

    EconomyProgramme

    Martin Schulz also warned in an interview on Thursday that time is running out and that 2 to 3 billion..., Greece has successfully rolled over 4.6 billion of 3- and 6-month T-Bills, which were covered by Greek...: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche

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  6. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    on year (YoY). Impairment losses rose 3 percent QoQ to 378 million, while the full year figure... and consumer remained almost stable. Coverage ratio rose by 6 pps QoQ to 60.4 percent, with Greek... contracted by 3 percent QoQ to 64.9 billion. The 2.2 billion QoQ drop in Q4 in entirely due to its Greek

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  7. Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers

    EconomyProgramme

    . 2) Increase in luxury tax in cars, pools and yachts with estimated revenues of 20 million euros. 3... with estimated revenues of 50 – 70 million euros for 2015. 6) Improvement of the VAT collection mechanism through... and savings required by institutions. According to Kathimerini, Greece’s lenders see a fiscal gap of around 3

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  8. Athens Stock Exchange erases losses made since elections as mood improves

    Economy

    Greek shares rose for the second successive session on Thursday, when they climbed by 3 percent... on Thursday, which is the highest reading since March 6. This means the domestic stock market erased earlier... by 1.4 percent. Turnover exceeded the 100-million-euro mark for the first time since May 3 and landed

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  9. Newsletter 36 - 24/07/2015

    Newsletters

    be sold without the consent of shareholders, 2) transferring business to a bridge bank, 3) separating... of capital controls since June 29, 2) the banks’ financial results for the second quarter of 2015, 3... the date of any snap elections back from the dates which are currently being mentioned: September 6, 12

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  10. Tsipras hints at post-election scenario of grand coalition, without him as PM

    PoliticsGreek Politics

    Dawn 6 Potami 5.5 PASOK 4.5 KKE 4.5 Pop. Unity 4.5 Centre Union 4 Ind Grks 3 Other 5 #Greece... (ANEL). However, there are doubts about whether ANEL will get over the 3 percent threshold to win

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