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Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBankingbillion euros, the majority (15.6 billion) relates to loans, 5.1 billion to pillar II bonds, 2 billion... billion euros of deposits, with the bank targeting to capture 2 billion of those inflows.
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Athens and creditors edge closer on tax and pensions but gap remains on NPLs
EconomyProgrammeworking years. 2) Institutions demand a lower pension replacement rate of 0.7 percent for the first 15... percent. The government’s initial proposal pointed to rates of 0.8 and 2 percent respectively
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EU and IMF bailout drafts confirm conditionality as well as differences on primary surplus
EconomyProgrammeunconstitutional the pension cuts implemented in 2012 (estimated cost of 2 percent of GDP) 2) Personal income
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Newsletter 70 - 15/04/2016
. Almost 46 percent of March hirings relate to full-time employment. 2 Club Med goes to Washington.... If the Cortes fails to elect a new prime minister by May 2, then the king will have to use his
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Bailout talks resume with key issues pending and contingency measures emerging
EconomyProgrammea proposal apparently made by the institutions for contingent measures of up to 2 percent of GDP (3.6 billion... percent of the households. In Portugal it's 2 percent. In Ireland it's 5 percent. The euro area average
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Eurogroup decision on contingent measures, debt leave Tsipras with tough task at home
PoliticsGreek Politicswill have to agree a package of contingent measures worth 2 percent of GDP (3.6 billion euros... on the extra 2 percent of GDP in cuts and savings. Following talks on Thursday, the indications were
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Pension and income tax reform bill sets out 4.4 bln in new measures
EconomyProgrammemillion. This figure is expected to rise to 900 million from 2020 thereafter. 2) Cut in current (284... million. 2) New methodology for calculation of self-employed contributions based on declared
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Tension rises in Greece but creditors see potential for agreement soon
PoliticsGreek Politicson the mechanism for identifying and implementing and extra 2 percent of GDP in fiscal measures.... For the Greek government, the vital element is that it should not have to detail another 2 percent
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Greece looks for support as expectations for May 9 Eurogroup lowered
PoliticsGreek Politicsagreement by May 9, including on the 2 percent of GDP in contingent measures, is possible. The nature... prevent the institutions from forcing Greece to define and legislate the extra 2 percent of GDP
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Greek stocks climb 3.8 pct during week amid increasing optimism on swift agreement
Economythe contingent measures of 2 percent of GDP, which are expected to be discussed along with debt... losses namely Coca Cola Hellenic – CCH (-2 percent) and Jumbo (-0.2 percent). The trading activity
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