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ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
PoliticsGreek Politics-ERGASIA is estimated at 1 billion and the reduced tax-advance this year is another 500 million. Tax
6% -
BoG highlights how Covid-19 compounds legacy issues and structural challenges
Economywas comfortably over regulatory requirements, with Common Tier 1 (CET1) on a fully loaded basis
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Controversy over media campaign rumbles on as further details emerge
PoliticsGreek Politicsreach. The analysis claimed that less than 1 percent of the 20 million euros spent across print
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Development model questioned again amid reaction to luxury resort go-ahead
PoliticsGreek Politicsand 500 in the operational phase of the project, bringing over 1 million euros in taxes and levies
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BoG stresses more work needed on NPE reduction, pushes bad bank idea
EconomyBankingfrom this transaction, the reduction was 1 billion euros, mostly led by 600 million euros in write
6% -
Athens hoping for de-escalation in Aegean as it seeks pension backpay solution
PoliticsGreek Politicsit will be about 1 billion euros lower.
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Deposits rise by 448 mln in June
EconomyMacroeconomyby 1 billion euros. On the other hand, time deposits fell by 854 million euros. The latest deposit
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General govt primary cash deficit at 5.48 bln in June as tax revenues fall
EconomyMacroeconomy), extrabudgetary funds (+24 million) and SSFs (+1 million). Drops were seen in tax refunds (-91 million
6% -
Newsletter 261 -07/08/2020
) and SSFs (+1 million). Drops were seen in tax refunds (-91 million) and state budget (-3 million
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Banks step up securitisation drive following pandemic interruption
EconomyBankingon the securitisation of the Phoenix portfolio worth 2 billion euros, with the senior notes in the region of 1
6%