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Greece submits proposals to lenders in hope of paving way for agreement
EconomyProgrammekey proposals: VAT The Greek proposal agrees the institutions’ proposal for a super-reduced VAT rate.... The latter also includes restaurants and catering. On the key difference with institutions regarding..., in line with institutions’ proposal. On the key issue of military spending, the government will reduce
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Newsletter 41 - 04/09/2015
picture, failing to answer the key queries we had going into this brief campaign. These include: How...? Perhaps, though, the one key question that has not been answered so far (and is unlikely to be answered... a new national currency. The key problem that the breakaway party faces is that without a convincing
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Election Watch: What are Greeks voting for?
Agora, they have added to the confused picture, failing to answer the key queries we had going into this brief... and not suffer greater hardship? Perhaps, though, the one key question that has not been answered so far... to austerity but strictly through a new national currency. The key problem that the breakaway party faces
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Lenders also require health and labour market reforms from gov't in next months
EconomyProgrammeWhile the attention regarding the key deliverables outlined in the third memorandum... outlines a series of key deliverables for September and October including: 1) Extension of the 2015 claw... security revenues. A later key deliverable involves existing labour laws to be streamlined
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Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economyon Wednesday, Piraeus Bank released today a trading update providing the evolution of the key balance and P&L... at the end of September. We set out below the key trends visible in the results presented by the two... the domestic economy is set to enter into recession as of Q3. Banks’ asset quality would be among the key
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Greece and lenders far apart on foreclosures as housing NPLs keep rising
EconomyProgrammeThe protection of primary homes from foreclosures emerged as one of the key areas of significant..., Dombrovskis confirmed the key difference lies in the coverage criteria for indebted households. He stressed...-performing exposure (NPE), which would be the key metric of asset quality going forward
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Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgramme, we understand that pension measures and NPL resolution will be among the key priorities. Pensions...-of-court law to encourage debtors to participate. On top of those two key issues, Kathimerini daily... deliverables. 3) Reform of the unified wage grid with the MoU noting that key parameters should
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BoG report highlights need for programme implementation, political consensus
Economyproperty. The key conditions for strong growth rates, according to the BoG, involve restoration... investment. At the same time, the key challenge for banks relates to the management and reductions... an EU average of 16.7 percent. According to BoG, the key prerequisites for sustainable growth
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Doubts over IMF role in Greek bailout becoming source of rising tension
PoliticsGreek Politics, believing the Fund was the key obstacle to an agreement with lenders over the 2015 fiscal gap and key.... While Germany has been the key driver for the IMF to be part of the eurozone bailouts since 2010
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Energy drives closer cooperation between Greece, Cyprus and Egypt
PoliticsForeign Policyfollowing the opening of the New Suez Canal, was a key issue in Wednesday's talks. A review of any.... This expansion would be warmly welcomed by Western powers, as Amman is widely seen as a key player... the trilateral talks in Athens. Greece believes that Sisi is determined to play a key role in fighting
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