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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgramme, when the court rejected OPAP’s appeal and a ministerial decree was signed that set the payment... this tax will be implemented. 3) Increase in the income tax rates for farmers (estimated revenues... measures. Also, Greece has to identify measures yielding a total of 1 percent of GDP (0.75 percent coming
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Government faces tight schedule for amendments to bailout legislation
EconomyProgrammeGreece has a matter of days to fulfil the remaining conditions set out by the Eurogroup last week... for development and management of the total area of 6 million square meters for 99 years. Houliarakis said... corporations have another 3 billion euros of state guarantees and private corporations 1.6 billion
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Newsletter 93 - 21/10/2016
for a mild GDP contraction of 0.3 percent for 2016 and a strong rebound of 2.5 and 3 percent for 2017... accounted for less than 39 percent of total hirings, which is by far the lowest reading in the course..., the latter make up just a fraction of the total index. Although marginal, August’s growth rate is the first
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Newsletter 132
at the Thessaloniki International Fair (TIF) to set out some of his policy ideas. He said that his... euros to total 4.86 billion euros. After recording a surplus in the previous month, the Public... their target for NPE reduction, mostly via write-offs. Meanwhile, a further reduction of 3 million euros
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeaturessymbolic 4 percent towards meeting Europe’s total gas demand, and will provide a lifeline... and Stara Zagora. Whilst relatively modest in length and capacity (it will deliver 3 bcm/y initially... by Greece’s DEPA and Italy’s Edison. The total cost of the project is estimated at 220 million
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PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
Economyis scheduled for June 2024. Greece started repaying the EFF in 2016. Total obligations to the IMF next... the outstanding amount to 3 billion euros, to match the quota and reduce the interest charges to 2... years, the IMF is one of Greece’s most substantial creditors. Obligations to the Fund total 7
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBanking) with a total outstanding balance of 2.1 billion euros and a total outstanding principal amount of 1.3... is currently restricted to deferred tax laws. The scheme would have a 3 percent impact on the banks.... Both have set aside larger amounts of capital for provisions which they are interested in using
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Newsletter 212 -28/06/2019
of a new seven-year bond at a nominal value of 3 billion euros and a fixed interest rate of 3.375... showed that the total figure has risen by 30.24 billion euros year-on-year and stood at 358.95..., and their activities in the next 40 days will set the stage for the rest of the year. The remaining three systemic
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Newsletter 221 -27/09/2019
to be set aside at the moment although the Greek authorities would have liked to have them in scope... the December 4 Eurogroup. side would like to boost up to 3 percent, thanks to their bullish take... to 172,900. Finally, visitors from Russia fell by 15.2 percent to 106,400. In total, arrivals from the EU
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New bid to curb Covid-19 raises demand for more economic support
PoliticsGreek Politicsexperts predict that the daily total could reach more than 3,000 next week. The pressure.... According to a report in Naftemporiki newspaper on Friday, the Finance Ministry is set to redesign.... Another 3 billion euros is expected to flow in the coming months from the next rounds of refunds
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