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Greece lays out plans for debt relief from eurozone
EconomyProgrammeservicing were decided at that Eurogroup and included: a) Lowering by 100 basis points (bps) the interest...’s budget with less than 500 million due to its already very favourable interest rate. Alternative... financing path and will impact the Greek budget at the time that resumption of payments is scheduled
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What are Greek coalition's plans for privatisation programme?
EconomyPort Authority, and 100 percent of Trainose (operation and management of railway activities). In addition, the 2015 budget indicated the previous government would step up the privatization process... in Athens International Airport (AIA) and 90 percent in Hellenic Post. According to the 2015 budget
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Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgrammethe existing budget framework or that has implications for financial stability. c) No action towards... proceed on its own with a plan for taxpayers to settle their debts in up to 100 instalments, which... percent, the debt ratio in NPV terms would reach 120 percent in 2020. 2015 funding needs The budget
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The ECB's strict rules apply if you dare not comply
Agorathat the ECB is also Greece's central bank, having supplied over 100 billion euros to the country’s lenders... the promissory notes arrangement the Irish budget would be hit for a decade with a net annual payment... was swapped, leading to a relief of over 10 billion euros on the budget in the first ten years
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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammein question, possibly through the passing of a new law. Fiscal issues and MTFS Although budget... by 1.13 billion, there are several items worth around 1 billion (0.6 percent of GDP) in the 2016 budget... Lottery Terminals (VLTs) with targeted revenues at 100 million. However, the VLT launch has been
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Newsletter 86 - 26/08/2016
that it will provide a trade finance facility of 100 million to Eurobank, marking the first entry... percent in 2009. In spite of a higher budget allocation to food, Greeks dietary habits have taken... in the household budget allocation, falling to 5 percent of the monthly spend. Hotels, cafes
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Newsletter 87 - 09/09/2016
of the state budget posted a drop from last year. The breakdown showed revenues grew by 3.58 billion... monthly drop also includes arrears’ clearance of 970 million, according to the July budget execution... on island hotspots when the capacity is for just under 7,500, there are currently more than 100 refugees
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Wolfgang at the door
Agoraand 2015 came to around 100 billion euros. Meanwhile, the euro exchange rate during recent years was much..., there are already concerns that Macron’s ideas, such as for an enhanced eurozone budget to boost..., Schaeuble’s parting gift to the eurozone appears to be the proposal that a common budget in the form
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Newsletter 138
surplus would exceed even the 2.2 percent of GDP recorded in the draft 2018 budget and would allow..., improving from the previous month’s figure of 46 million euros. The primary surplus of the state budget... and introduced by the start of 2018 will give banks the power to warranty 100 percent of their demands against
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General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
EconomyMacroeconomy, the state budget primary surplus rose by 963 million to 1.55 billion compared to 588 million a year ago... 100 million a year ago. Tax revenue also rose by 366 million to 4.14 billion from 3.78 billion... million) and state budget arrears (-46 million). Arrears to extrabudgetary funds fell by 12 million
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