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Eurogroup suggests there is scope for pension cuts to be called off
EconomyProgrammesocial safety net, which it believes is too reliant on retirement pay. “We all know that the fiscal... not be needed if this target can be achieved without reducing spending on retirement pay. European
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Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
EconomyProgrammethe so-called “positive measures” promised by Tsipras. The backpay relates to various pay cuts made in the period up to the end of 2016, and will not affect salaries going forward, as a new pay scale
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BoG highlights areas of concern in underlying NPE data
EconomyBankingthat are unlikely to pay and those in delay between 1 and 90 days are important indicators for the direction of credit risk. Unlikely to pay exposures stood at 27.8 billion euros, which is 31 percent of NPEs
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Newsletter 186 -07/12/2018
from their so-called “personal difference” being removed from their retirement pay. Meanwhile, some... billion euros from the cash buffer to pay off part of Greece’s debt to the International Monetary Fund
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Parties vie for voters' attention as New Democracy prepares for congress
PoliticsGreek Politics. At the same time, the coalition is highlighting that some pensioners will see their retirement pay... being awarded pay that was deemed to have been illegally cut in 2012. An amendment submitted
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economyminimum wage of 650 euros gross translates into 546 euros net pay and is almost 64 euros higher... will see pay rises as their salary is based on the minimum wage. Knock-on effect Additionally
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Newsletter 192 -01/02/2019
As government increases pay, study shows foreign investment crucial to growth As was widely... euros net pay and is almost 64 euros higher compared to the one set up in 2012. The increase is much
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Government and banks reach deal over new scheme to protect main homes
EconomyProgrammehaircut if the residual amount they have to pay on their housing loan exceeds 120 percent of the value... by banks will be able to take their case to court but will have to pay 30 percent of their monthly
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Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
EconomyProgrammeapproval from the European Stability Mechanism for the right to pay off at least some of its loans... to surcharges. Kathimerini reported on Thursday that Athens would like to pay off this year’s and next year’s
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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
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