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Banks highlight areas of concern in talks on NPL scheme
EconomyBankinga different risk profile. Another hot topic is the commission that banks will have to pay for the state... Comp. The total commission for circa 9 to 10 billion euros of guarantees is estimated at 200 million... to and securitised will pay the commission to the state, whereas bankers appear to favour the solution of paying
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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek Politicssee the start of the pilot trial at the Council of State which is expected to rule on back-pay... pension fund EFKA. The ruling will set the precedent for all back-pay claims, and is expected to be published within the first half of the year. Estimates of the total cost of the claims range from 4.2
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PM calls for unity as opposition reacts to decisions on health, labour
PoliticsGreek Politics, taking the total to 743. The number of deaths increased to 20. The average age of those that have died.... The first concerns the doubling of the reimbursement that the state will pay to private hospitals (from... their regular pay. KINAL claimed that this shifts the cost of the crisis onto workers. The centre-left
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EU's temporary framework for state aid in response to Covid-19 outbreak
LegalNumber (CAD). However, in the case any company wishes to pay the above amounts to the Tax... and their social security contributions on the basis of their total nominal wages, for 45 days. At the same time... who proceed to pay current social security contributions for February and March 2020
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Survey sheds light on sentiments in lockdown, as govt backpedals on voucher scheme
PoliticsGreek Politics, and three in 10 will pay more bills online. Up to 37 percent of workers would be willing to work from..., four in 10 were unable to pay a bill, and 16 could not afford a basic purchase in the last month... training providers. Out of the total 190 million euros earmarked for the programme, 36 million would
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Rival parties interpret Novartis settlement differently, serving own ends
PoliticsGreek PoliticsThe decision taken by drugs giant Novartis to pay 347 mln dollars to US authorities for corrupt... of graft allegations. Novartis will pay the penalty to the US Department of Justice and the Securities... majority of the total amount paid out by the drugs firm, related to its activities in Greece. SYRIZA
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Flagship pension reform hits snag over transition cost
PoliticsGreek Politicspay. According to multiple reports on Friday, within the context of the 11th post-programme review... to reports, Athens wants to give businesses and household the ability to pay off the virus-related debt... obligations this year. The total during the first five months of the year reached 2.9 billion euros
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Govt prepares ground for unvaccinated to face penalties
PoliticsGreek Politicswithout pay for as long as the pandemic remains a threat. This requires an alteration to the civil... with respect to some public servants potentially being suspended for long periods without pay in the months... administered around 10mn vaccines, resulting in 51.3 pct of the total population having received
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Newsletter 324 - 21/01/2022
conditions in a distant third on 28 pct. Only 7 pct of respondents said they can pay their energy bills without any problems, while 24 pct said they cannot pay. In terms of overall support... with three new bond issues, three re-openings and one swap of PSI leftover bonds, for a total amount
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Government dampens expectations for handouts in PM's speech
PoliticsGreek Politicsthat the total amount that would be allocated to support measures would not exceed 450 million euros... for pensioners who will miss out on the retirement pay increases next year is also locked... will not receive higher retirement pay because of the so-called “personal difference,” which meant
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