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NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
EconomyBankingreached 3.7 billion euros. ‘Unlikely to pay’ and loans past due by 1-90 days are good indicators of how credit risk is developing. There are some positive signs in the reduction of ‘unlikely to pay
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesto pay for handouts. The government, on the other hand, blames the austerity policies of its predecessors... incomes. The vast majority of middle-income households in Greece struggle to pay their necessary
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ND prepares first three bills for votes before Parliament's summer recess
PoliticsGreek Politicsmuch ENFIA they will have to pay in the coming months. This year’s bill will be lighter by 10 to 30... residents would be excused from having to pay ENFIA property tax for the next five years. He also said
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MPs to vote on changes to governing process as opposition hits out at ND
PoliticsGreek Politicspay to be issued. Pensions have been a point of conflict between SYRIZA and New Democracy since... the number of pensioners waiting to receive their retirement pay and that the reform carried out
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What brought down Golden Dawn?
Societyin the European Parliament were made to pay the party 4,000 euros monthly out their MEP’s salary, while... is in such dire financial straits that it is reportedly struggling to pay the rent on its Athens headquarters
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ND unveils development bill it sees as catalyst for growth
PoliticsGreek Politicsto pay part-time workers their regular wage plus 12 percent if they stay longer than their normal hours. Also, employers will be deemed in breach of contract if they do not pay their workers for any
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeof annual revenue from the commission that banks will pay for the state guarantees. At the same time... the country’s request to pre-pay the expensive part of the IMF loans, close to 3 billion euros
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Mitsotakis brushes off latest strike, opposition sides with protesters
PoliticsGreek Politicsrecently. On Wednesday, KINAL responded to Mitsotakis’s statement by claiming that “the many will pay... will be entitled to 12 percent overtime pay and businesses who agree to put their undeclared workers
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Banks highlight areas of concern in talks on NPL scheme
EconomyBankinga different risk profile. Another hot topic is the commission that banks will have to pay for the state... to and securitised will pay the commission to the state, whereas bankers appear to favour the solution of paying
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Mitsotakis pledges more tax cuts in 2020 amid police violence claims
PoliticsGreek Politicson the welfare system. Those earning less than 12,000 euros do not pay solidarity tax. The first bracket concerns those earning between 12,000 and 20,000 euros a year, who pay an extra 2.2 pct in tax
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