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Greece digests EU-US trade deal amid mixed reaction
Economyand that needed to be addressed. At the same time, analysts noted that with the August 1 deadline... tariffs that averaged 2 pct to be imported in the US. The 15 pct is certainly seen to have... estimated for the EU for this year and next, in the region of 1 pct, the new trade deal could trim up
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Time deposit rate almost stable in December, average loan rate rises 17 bps
EconomyMacroeconomy, the weighted average rate on total new deposits eased further by 2 bps to a new low of 0.56 percent in December mainly driven by a 2 bps drop in corporate overnight rate. Loans The most notable rate changes...Greek households’ new time deposit rate rose by 1 basis point to 1.02 percent in December, Bank
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Newsletter 192 -01/02/2019
into force on Friday, February 1. The increase was more than had been expected and above the level... that the total bids reached as high as 10 billion euros. Finance Minister Euclid Tsakalotos also claimed... time in a decade to 650 euros per month, from 586 euros currently, effective from February 1
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Newsletter 58 - 15/01/2016
for a rise in the SSC for supplementary pensions by 1.5 percentage points (pp), of which 1 pp will come... euros required to achieve the agreed pension cost savings of 1 percent of GDP (1.8 billion) in 2016...–20,000 euros. On the fiscal front, there are estimates that the fiscal gap could reach 0.5–1 percent
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Minor changes in Greek deposit and lending interest rates in May
EconomyMacroeconomywith a similar decrease in the overnight rate led the weighted average rate on total new deposits down by 2... they fell by by 2 basis points (bps) to 0.85 percent from 0.87 percent in April, Bank of Greece (BoG... mixed trends with that for amounts between 250,000 and 1 million euros slipping by 6 bps to 5.17
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NOME auctions as a mechanism to strengthen competition in the Greek electricity market
Legalof that said Law, as amended by para. 1 of Article 3 of Law no.4393/2016, establishes the sales..., is the following: On the basis of the enabling provision contained in paragraph 2 of Article 140 of the same... must be placed (namely article 135 para.2 Law. 4389/2016, as amended by article 3 para 1 of law
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Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgramme. Including non-specified measures worth 1.5 billion in 2020 and another 2 billion in 2021, the total tax... to reach 211.21 billion, around 2 billion above the 2005 level of 199.24 billion. The increase in employment by 1–1.8 percent each year in 2017-2021 will drive the unemployment rate lower from 23.5
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Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
EconomyBankingthat is expected to increase the bank’s capital value by 1 billion euros. The deal will take the form... percent of Eurobank. The merger will create the best capitalised bank in Greece, with total capital ratio... of the 7 billion transferred to the SPV and 2 billion from the securitisation of 2 billion euros-worth
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A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
Economycost of 13.5 billion with its key pillars addressing the humanitarian crisis (2 billion), restoring... is estimated at 2 billion euros. SYRIZA leader stressed that the implementation of those measures... is projected at 2 billion. Ηe also declared that the objective property prices will be (downward
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Newsletter 50 - 06/11/2015
) for the remaining 75 percent. CoCos, which qualify as Common Equity Tier 1 (CET1) capital pari passu... cases are have already begun, by Alpha (for a total of 1.09 billion outstanding bonds), Eurobank (877... from equity investors to fully cover the total amount of capital needs, thus eliminating the need
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