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Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgrammethe European Stability Mechanism (ESM) to pay off some or all of its loans to the International Monetary Fund... the money it owes to the IMF. The government has made no secret of its desire to pay off early some... of the total that Greece is in line to rap the markets for this year, the government would like another foray
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PM hopes North Macedonia visit, debt relief decision will provide lift
PoliticsGreek Politicsof the programme. The disbursement would also allow the government to move ahead with its plan to pay off at least some of Greece’s loans from the International Monetary Fund, which total close to 10 billion... for Hellenic Fertilisers (ELFE), a company which failed to pay tens of millions of euros in gas bills
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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammethat it can pay off early at least some of the 10 billion euros it owes to the International Monetary... during Greece’s second programme. Added to this 870 million euros in total is another 103 million already.... However, it had underestimated the importance and attention that the lenders would pay to the new
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Athens gearing up for new bond issue amid favourable market conditions
EconomyProgrammethe completion of the second post-programme review: To issue another sovereign bond and to pay off some... are at 1.5 percent,” he said. “When you pay off the loans prematurely, you help restructure your debt so... has already around 70 percent of the total 7 billion euros that Greece is in line to tap the markets
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MPs to vote on changes to governing process as opposition hits out at ND
PoliticsGreek Politicspay to be issued. Pensions have been a point of conflict between SYRIZA and New Democracy since... the number of pensioners waiting to receive their retirement pay and that the reform carried out... in Greece. This is 0.28 percent of the total. Competition Commission The government and opposition have
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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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