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Newsletter 96 - 18/11/2016
submitted to the ECB’s Single Supervisory Mechanism (SSM). The bank aims to reduce both NPLs and NPEs by 14... coordination. As the US is the single-largest shareholder in the IMF, European creditor institutions may
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The key elements of the draft agreement between Greece and lenders
EconomyProgrammeby June 2017, which is crucial for the calculation of the single property tax (ENFIA). As a prior action... single body for social security (EFKA). In addition, the elimination of the solidarity grant (EKAS
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Newsletter 101 - 23/12/2016
in the eurozone to follow the rules, otherwise the single currency would be put at risk. He also declared... points in each of the next three years, from 23.5 percent in 2016 to 19 percent in 2019. The single most
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Piraeus Bank appoints new CEO, ending a long period of uncertainty
EconomyBankingFund (HFSF), which is the single largest shareholder with a stake of 26.42 percent. The process has to be ratified by the European Central Bank’s Single Supervisory Mechanism (SSM). According
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With tax-free threshold set for change, income declarations underline need for rethink
EconomyProgrammeeuros from its current level of 8,636 euros (for a single person). The current ceiling.... The government has counter-proposed a reduction of 15 percent in the single property tax (ENFIA), a cut by 2 pp
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Athens, lenders trying to put last pieces in place for technical agreement
EconomyProgramme(for a single person) close to 5,900 euros with additional revenues targeted at 1 percent of GDP... reduction in the single-property tax (ENFIA), cut in the corporate tax rate and a number of social
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No return of institutions to Athens yet as differences persist
EconomyProgramme5,900 euros from its current level of 8,636 euros (for a single person), which results in a notable... to 20 percent, a relatively small reduction in the single property tax (ENFIA) by 200 million euros
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Brexit has opened a can of (constitutional) worms
Agorathat will be out of the EU single market and the customs union (post-Brexit Northern Ireland). Such discussion... that appears to allow Spain to exclude Gibraltar from any transitional single market access
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agorathe Supervisory Review and Evaluation Process (SREP) overall capital requirement (OCR) submitted by the Single...) by 2019 as targeted without potential losses harming their capital base. The single most important
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Compromise proposal on table ahead of Friday's Eurogroup
EconomyProgrammeeuros for a single person to 5,900 euros, entailing a cut in the corresponding tax credit from 1,900... reduction in the single property tax (ENFIA) by 5-10 percent and a cut in the personal income tax rates
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