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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomya positive impact on general government fiscal figures of 852 million (0.47 percent of GDP) in 2013.... Privatisation On the privatisation front, the budget notes that sell-off projects worth 5.36 billion have... project, the MoF indicates it will step up the privatisation process for the following projects: sale
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A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgrammewith a net fiscal impact of 3.7 billion euros, including proceeds from privatisations. Those... fiscal impact of around 1 billion. Privatisations We believe the Finance Ministry has revised the revenues from privatisations to 1.5 billion euros for 2015, 700 million lower than the target of 2.2
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Government tables amendments with aim of securing bailout tranche within days
EconomyProgrammegrant (EKAS), where the new criteria resulting in 20 percent fewer pensioners being eligible... with the retroactive return of EKAS paid to non-eligible pensioners in the first half of the year. The amendment reiterates that the cumulative cost savings from the gradual elimination of EKAS would reach 853 million
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Technical MoU provides more detail on fiscal brake, arrears and privatisations
EconomyProgrammethat will be transferred to the new privatisation and investment fund. Starting with the contingent fiscal... enterprises that will be transferred to the new privatisation and investment fund. On top of the six companies
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Eurogroup sets conditions for disbursements totalling 10.3 bln to take place
EconomyProgrammeto the implementation of milestones related to privatisations, including the new privatisation... in the field of privatisations, which reportedly relates to the ratification by the Parliament... the EKAS solidarity grant would not have to return the money they received since the beginning
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PPC lignite unit bids fall flat in blow to privatisations
EconomyFeaturesto a closely watched privatisation. In December, PPC posted its nine-month results which noted a loss
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Tsipras sails through multi-bill vote, looks to disbursement and debt relief
PoliticsGreek Politicsthat money from this solidarity fund would be used in order not to retroactively slash the EKAS... the humanitarian effects of the crisis. The government had intended to ask retirees who receives EKAS... said that as a result of the last-minute intervention, the recipients of EKAS would not have to return
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomyrisk and smoothening of the maturity profile. Privatisations Total privatisation proceeds are seen... with estimated net savings of 297.4 million, largely stemming from gradual reduction in EKAS... billion and increased privatisation revenues of 2.04 billion from just 123 million in 2016
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Coronavirus to delay much of privatisation plan
EconomyFeaturesGreece’s privatisations have stalled under the coronavirus pandemic, with most major privatisations... pushed to 2021. The government’s 2020 budget had forecast that privatisation revenues during the year... the privatisation’s timeline off track. Athens International Airport saw its total air traffic fall
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Greece commits to ambitious privatisation targets as part of new bailout
EconomyProgrammewith an ambitious privatisation programme, according to the draft bill on the new financial aid from the eurozone... euros from privatisation proceeds by 2017, of which 1.4 billion would be collected in 2015, 3.7... recently, the institutions were more pessimistic on the outcome of the privatisation programme
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