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Newsletter 69 - 08/04/2016
, to be paid to those having a minimum of 20 working years. This amount is reduced by two percent per... slashed to 15 billion. He added that a feasible privatization revenue target would hover around 6–7... in February following an increase in imports by 1.9 percent and a drop of 7 percent in exports, which have
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Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
EconomyFeatures, July 20 and September 7. A potential global deal at the next Eurogroup on May 22 or even on June 15... lower of the 5-percent mark from the level of around 7 percent in mid-January, the Bank of Greece
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Possibility remains for trial bond issue before IMF debt analysis
PoliticsGreek Politics. “That was completely different 4, 5, 6, 7 years ago, where big amounts of money were needed to finance the fiscal... suggests that this meeting may actually take place on July 20, thereby further shortening the time... on September 7 the scaling back of its QE programme, and that this tapering may cause some volatility
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeaturesthe crisis, roughly 6 to 7 percent, exports to non-EU countries grew at a slower rate. In these markets, Greek exports rose on average by 3 percent per annum during the crisis compared to an average of 7.... Among the 18 core products, Greek retains the global lead in exports of peach compote at 20 percent
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PDMA sets out plans to build on recent market forays with bond issues in 2019
Economy, with the swap of 20 bonds worth 30 billion euros from the PSI that matured annually from 2023 up to 2042... to issue between 3 and 7 billion euros of benchmark bonds in 2019. Also factored in are 1.2 billion euros... the maximum of 7 billion.
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Tsipras to get election campaign underway as parties target middle class voters
PoliticsGreek Politicsfor Parliament to be dissolved and elections to be called for July 7. He will follow this up by unveiling... to 20 percent, the scrapping of the solidarity tax for annual incomes below 30,000 euros, were also... in the July 7 vote. Although the nationalists only gained 0.8 percent of the vote in the European
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Mitsotakis pleads for strong mandate as polls suggest ND heading for landslide win
PoliticsGreek Politics, they are followed by Movement for Change (KINAL) with 7 percent, the Communist Party (KKE) on 5 percent... will rise to 159. SYRIZA is seen getting 81 or 84 seats, while KINAL would be on 20 or 21. A survey... as the minimum that New Democracy will get on July 7. The maximum is 45 percent. SYRIZA’s support is seen
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Budget primary surplus at 4.96 bln in Dec, beating annual target
EconomyMacroeconomyeuros, very slightly below target by 7 million euros. The monthly primary balance for December came... revenues came to 60.07 billion euros, higher than the target by 7 million euros. The full revenue... target by 20 million euros. For the same period last year, interest payments stood at 4.68 billion
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Gloomy preliminary results for Aegean as state support talk gathers pace
EconomyFeaturesof 56 percent YoY in March. This fully overtook a rise of 11 percent and 7 percent in January... will involve the German government taking a 20 percent stake. The move attracted the wrath of another... the inclusion of Ryanair. France’s government has pledged 7 billion euros in aid for Air France, while
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PM wants no strings attached to EU funds as ND juggles with public finances
PoliticsGreek Politicsof these challenges is that around 80,000 Greek companies have applied for state-guaranteed loans worth 20 billion euros even though just 7 billion is available. On Friday, Mitsotakis announced a new package... the deficit at 7 pct of GDP, or close to 15 billion euros, which will be covered by a rise in debt
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