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Deal for Hellenikon sealed; gov't sees improved terms, economic boost ahead
Economyeuros, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80 percent..., all necessary port works and the creation of 50 km of sidewalks and bicycle paths. It is estimated
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During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
Societyfrom 50 percent in 2011. In contrast, only one percent of families of civil servants, public sector... be reduced by 55 percent. The required sum is slightly above the 2 billion euros that Dianeosis says
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agora, while Alpha and Piraeus recorded relatively modest net losses of 2 and 37 million respectively... stood at 49.2 percent from 50 percent in Q4. Most banks aim to reduce both their NPL and NPE stocks
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Coalition and opposition make proposal and counter-proposal in build-up to electoral law vote
PoliticsGreek Politicscompletely, but rather than 50 seats for it to be based on the party’s share of the vote. The centrists propose the winning party should be awarded an extra seat for each 2 percent of the vote it gains
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Eurobank remains profitable with net profits of 46.2 mln in Q2
EconomyBankingdropped by 2 percent in the first half (H1). Cost containment in the bank’s Greek operations was more... to 50 percent from 50.7 percent in Q1. The bank estimates a notable reduction in NPE formation in H2
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Newsletter 87 - 09/09/2016
. In absolute terms, the trade deficit stood at 1.34 billion euros. 2 The refugee crisis as a charade... in granting Turks visa-free travel. In the wake of the deal being signed, arrivals dropped to less than 50
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General government primary cash surplus to Oct rises to 6.1 bln, arrears slip to 6.3 bln
EconomyMacroeconomystate budget and social security funds arrears declined by 217 and 50 million respectively... in the Emergency Liquidity Assistance (ELA) guarantees by almost 2 billion to 42.57 billion, while bank
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Tsipras wins domestic support for pension bonus but key struggles lie abroad
PoliticsGreek Politicsto be put on hold, was fairly popular. According to the survey, 50 percent of respondents had a positive... with the impression that the IMF’s demands for another 2 percentage point of measures for 2018, which have
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Bank of Greece sees potential for recovery, urges calm in negotiations
EconomyMacroeconomyand achieving a realistic adjustment of fiscal targets (beyond 2018 to 2 percent of GDP), changes... reached 50 percent, while the Texas ratio (NPEs over cumulative provisions and regulatory capital
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Greeks deeply affected by crisis and least satisfied with life, EBRD study finds
Societyin their living standards in the four years before the survey. Only 2 percent of the Greek households... average of 50 per cent. “The proportions do not differ much across age groups but there is some
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