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Athens ties up prior actions, IMF hints at programme role
PoliticsGreek Politicstranche. The instalment is due to total at least 7.5 billion euros and could be as high as around 10 billion, according to reports. Most likely something extra will be added to the total so that the government can pay off more arrears than was initially planned. On Friday, Tsakalotos warned MPs
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Tsipras concludes US trip with focus on geopolitics and investments
PoliticsGreek PoliticsTzanakopoulos clarified that Athens would only pay 1.1 billion euros of this total and that the payment would... created by the apparent agreement to upgrade Greece’s F-16 fleet for a total cost of 2.4 billion dollars
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Newsletter 136 - 20/10/2017
the perceived lack of tangible results from the trip. would only pay 1.1 billion euros of this total... at a total cost of 2.4 billion dollars. The agreement was announced by Trump after his meeting with Tsipras
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Sub-tranche for arrears approved as round of review talks draws to close
EconomyProgramme. The latest disbursement means that the ESM has now paid out a total of 40.2 billion euros... are included, the ESM and its predecessor, the EFSF, have lent a total of 182 billion euros to Greece... pay for widows. They also appeared to concur on a timeline for clearing the arrears at the unified
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Pensions continue to be main source of income for half of Greek households
Societythat they would not be able to pay the ENFIA property tax. Although 25 percent of respondents... of their property. The report stated that based on Bank of Greece figures, the total for household... loans. The percentage of non-performing loans (NPLs) out of this total is 46.1 percent. On how tax
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Lenders set out post-MoU reform tasks ahead for Athens
EconomyProgrammeof this year, with a target of 30 percent of total hospital procurement done centrally by mid-2020 and 40 percent of the total by mid-2022. Furthermore, the social safety net reforms that were launched during... to attracting new investment, stimulating growth and helping pay down the debt. By the end of this year
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After 2019 budget, lenders turn attention to Greek post-MoU reform tasks
EconomyProgramme-annually until June 2022. Greece expects to receive in total close to 5 billion over the period, meant... amount to just short of 2 billion euros. Out of the bonds total, close to 5.8 billion euros is bonds... with the European Stability Mechanism (ESM) to use 4 billion euros from the cash buffer to pay off part of Greece’s
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Newsletter 209 -07/06/2019
taking limited consideration of the ability to pay, lowering the VAT will only raise Greece’s VAT gap... for those employed increased by 77,947 or a rise of 2.1 percent. Total employment reached 3.85 million.... On an annual basis, the decline came to 103,615 or 10.9 percent. The total inactive population came
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Calls for measures to lessen impact of Thomas Cook collapse in Greece
EconomyFeatureswith the travel giant will be hit particularly hard. One of Thomas Cook’s policies was to pay hotels... of Greece’s latest travel balance, total travel receipts in the first seven months of the year came to 9.15 billion euros, up by 13.6 percent year-on-year. Around 14.4 percent of the total, or 1.32
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Newsletter 221 -27/09/2019
that this could bring in 200 million of annual revenue from the commission that banks will pay... to 172,900. Finally, visitors from Russia fell by 15.2 percent to 106,400. In total, arrivals from the EU.... Deposits rise by 1.02 bln in August Total deposits come to 151.84 billion Net deposit movement
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