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How Greek banks were left on the brink
Agorapercent relates to corporates and just 20 percent to households. In addition, around 5 billion euros (20 percent of household and corporate outflows until March) were placed, mainly from households... loss reserves - LLRs) against credit risk rose by more than 1 billion euros in the course of Q1
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What this week's VAT changes mean for household budgets and public coffers
EconomyProgrammethat they will be effective from July 20. The new VAT law also abolished the 30 percent discount on VAT rates applied to islands starting from October 1 for islands with higher incomes, which are also the most popular destinations, to be extended to the other islands as of Jun 1, 2016. This would result
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Newsletter 36 - 24/07/2015
that the recapitalisation of Greek banks will be concluded well ahead of 1 January 2016, when the bail-in tool... – either individually or in combination. These tools involve: 1) splitting bank operations that can... for an in-depth discussion on the following issues: 1) the impact on banks’ fundamentals from the imposition
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgrammebailout programme calling for pension cost savings of 1 percent of GDP (1.8 billion euros) in 2016... to legislate credible measures yielding 1 percent of GDP in total for 2017-18 to support the 2018 fiscal target... tax rates for farmers (from 13 percent in 2015 to 20 percent in 2016 and further to 26 percent
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Some progress made as Greek programme review heads for break
EconomyProgrammeafter 20 working years. For 15-20 years, the national pension would be proportionally lower... and 20,000 euros, of 550-600 euros for incomes between 20 and 30,000 euros and of up to 1,200 euros for those... scale are estimated at around 1 billion euros, while an increase in the solidarity levy rates is also
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Newsletter 187 -14/12/2018
at 18.3 pct in Q3 Rate remains under 20 percent for second consecutive quarter The Greek non.... The latest quarter is the second time since Q3 2011 that the rate of unemployment has fallen under 20... by a fall in the number of unemployed by around 34,200 quarter-on-quarter, keeping the figure under 1
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Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
EconomyMacroeconomyAuthority (ELSTAT) figures showed on Thursday. Despite the rise, the unemployment rate for Q1 was below 20... the 1 million mark for a fourth consecutive quarter. However, Q1’s unemployment figure was the highest... age group where unemployment fell by 2.8 pps to stand at 28.3. An increase of 1 pps was seen in those
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Newsletter 350 - 09/09/2022
this year and turn that into a 1 pct of GDP primary surplus next year. This will require a fiscal.... According to Kathimerini, this could be tweaked so that the bonus seats are awarded from 20 pct upwards... formation dropped QoQ by 1 pct, the first quarterly drop since the last quarter of 2020
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Polls indicated support for two main parties growing as start of elections marathon looms
PoliticsGreek Politicsin the current iteration, when only valid ballots are factored in. SYRIZA’s backing has risen by 1... of the vote as its support dipped by almost 1 point to 9.8 pct. The undecided voters stand at 12.4 pct... satisfied, 12 pct are quite satisfied and just 1 pct is very satisfied. Election choreography The poll
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No green light from troika yet as Greece moves towards bailout extension
EconomyProgrammeto contributions only for those born after 1975 with a contributory history of more than 15 and less than 20... of working years to 20 for the newcomers in the pension system born after 1975. Both measures are due... over the 2015 budget is due to begin in Parliament of 2015 shortly ahead of the vote on December 7
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