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Newsletter 445 - 13/12/2024
Konstantopoulou’s Course of Freedom garners 4.4 pct, Yanis Varoufakis’s MERa25 2 pct and New Left, formed.... Interest payments will come to 7.39 billion euros, at 3 pct of GDP. Overall, given the global... March. Month-on-month, the index recorded a rise of 0.6 pct. There was a 3 pct decrease
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Debt relief or debt restructuring for Greece?
Agorain 2010 Greek sovereign debt was primarily held by German[2], French, Italian, Swiss and Japanese... today reach approximately 380 billion euro and correspond to a debt-to-GDP ratio of 208 percent! 2... scenarios. 3. The international dimension of debt restructuring It is also necessary to underline
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Greek banks' capital backstop and the funding gap: An uneasy relationship
Economyor other capital enhancement measures over the next 2 or 3 years without using the backstop facility... reducing capital needs by 2 billion - the clarification on the inclusion of the capital boost... of 2 billion with press reports noting that 1-1.5 billion could be raised by an anchor investor
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Greek Tourism Association sees tourist arrivals rising to 19 mln for 2014
EconomyMacroeconomythis summer will be August 2, when 760 flights carrying 148,675 visitors are scheduled to land in Greece... to that for Iraklio (on July 27 with 30,430 visits) and Rhodes (on August 3 with 30,725 visits). The latest official... visits from Russia and Ukraine, which account for 15 and 2 percent of total and contribute 13 and 2
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Newsletter 8 - 19/12/2014
elections (3 billion), 22-26 March 2010 when rumours of an imminent default prevailed in the market (2... in the 10-month period. Of this, 1 billion was recorded in January, while time deposits posted inflows of 2... is the highest reading since Q4 2012. The wages index stood at 85.8 in Q3, the highest reading since Q4 2012. 2
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Newsletter 14 - 06/02/2015
(ENFIA abolition and new taxation) was estimated at 2 billion. However, citing government sources... of 300,000 euros. The estimated revenues from this new tax have not yet been disclosed. 2. Reports also... threshold to 12,000 euros (from its current 5,000), at an estimated cost of 1.5 billion. 3
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Greece passes latest omnibus bill, looks to next actions ahead
EconomyProgramme-tranche of 2 billion euros was voted through the Greek Parliament on Thursday evening. The bill... to disburse the 2 billion euros on Monday. As we indicated on Thursday, a series of pending issues... of non-performing loans for both corporate and households. 2) An overhaul of the pension system
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Newsletter 55 - 12/12/2015
2016, which he set at around 3 billion, a higher figure than the 2016 budget target of 2 billion. In their last debt sustainability analysis last summer, the IMF foresaw privatization revenues of 2... percent). The low reading is largely due to a decline in housing and transport prices. 2 A love
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NBG records loss of 2.05 bln in Q4 on one-offs and jump in credit risk provisions
EconomyBankingmillion and goodwill write-off of 432 million) 2) One-offs of 138 million, with the bulk stemming from provisions related to a new voluntary retirement scheme to be implemented within 2016 3) Other... rose 2 percent QoQ, while eased 0.3 percent to 1.3 billion for the whole year. In Greece, costs fell
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Commission sees lower Greek financing needs, provides timetable for course of programme
EconomyProgrammedisbursed last August, 2 billion in November and another 1 billion in December. In addition, another... euros (1.5 billion in Q1, 9.6 billion in Q2, 2 billion in Q3 and 5.1 billion in Q4), while an amount of 2 billion will be used for state deposit financing. Finally, for the first 8 months of 2018
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