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Greek banks' capital actions underway, state aid seen as low as 4.7 bln
Economyas the bail-in of securities, meaning that the bank would seek state aid of 2 billion to cover its... around 2 billion would be in the form of CoCos and 0.7 billion in common shares. The book building
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Newsletter 52 - 20/11/2015
passed the omnibus bill containing the last set of prior actions to unlock the next sub-tranche of 2.... Funding has dropped by 7.19 billion since July. 2 A rock and a hard place Greece faces prospect
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Travel receipts fall by 5.4 pct in Sept for first drop in 2015
EconomyMacroeconomy) and the UK (+17.5 percent), while arrivals from France grew by a modest 2 percent. In contrast, incoming... tourist arrivals in 2015 will be met. Such a development would correspond to a rise by 2 million
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Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgrammeThe European Stability Mechanism (ESM) BoD approved on Monday afternoon the disbursement of the sub-tranche of 2 billion euros to Greece after the completion of the first set of milestones as well... of competition and prospects for investment. 2) Design of the New Organisation of Markets in Electricity (NOME
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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomyEmployment Agency (at 42.7 percent of the FY target of 750 million) 2) Other SSFs expenditure (at zero versus... of the sub-tranche of 2 billion on November 24 is expected to improve the state’s liquidity and according
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Management of NPLs to test gov't in negotiations with lenders
Economy) Initiation of the preparatory work to update and amend the out-of-court resolution law. 2) Proposal... of September, meaning a rise by 2 percentage points in the third quarter close similar to the asset quality
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Greece concludes regional airports deal, more privatisations lie ahead
Economybudget, the Finance Ministry indicated privatisation revenues of 2 billion euros for 2016, lower... summer, the IMF estimated Greece could collect privatisation proceeds of 2 billion.
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Gov't postpones discussion on parallel programme ahead of tranche approval
Economyinterventions such as: 1) Establishment of poor citizens’ bureaus. 2) Health support for uninsured... of supplementary staff of Social Welfare Centers (2 million). For most of the other measures, GAO report
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Coalition poised to unveil pension reform proposals, hoping to avoid cuts
EconomyProgrammeand granting of pensions. 2) The final pension amount will be made up by the national and the main... the amount that around 2 million people in the public and private sectors contribute to the social security
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Newsletter 58 - 15/01/2016
for main pensions, which would increase to 3.7 billion, or 2 percent of GDP, if the court’s decision... lower than in 2014. 2 Syriza's slow march The lack of strategic planning and clear thinking could bite
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