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Finance Ministry outlines plans for making savings, increasing revenues
EconomyProgrammeincrease public revenues by 2 billion per year. The third intervention is more qualitative... outlined the three priorities to help cover funding but also supporting the fiscal consolidation... for procurements of up to 60,000 euros. This procedure will be binding not only for state firms but also
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Newsletter 19 - 13/03/2015
billion on an annual basis, or 140 million per month for Greece’s four systemic banks. However, even... representing Greece's creditors. Eurosystem funding hits €100bn mark ELA now makes up 63 percent of the total Eurosystem funding passed the 100-billion-euro mark to reach 104.25 billion in February
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesa clause which fines DEPA an estimated 10,000 euros per day. The issue is causing friction between... charges were not financially viable. Binding bids for the concession are due to be submitted by the end... to receive binding offers for HELPE before the end of the year. In July, the deal to transfer 49 percent
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Newsletter 193 -08/02/2018
the state would require 700 million euros of extra spending per year. The plenary is expected to reach... received one binding offer for the Melitis unit in Florina from Mytilineos which was reporte five times... in a binding offer for either unit after deciding that the structure of the deal and the share purchase
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ELSTAT shows decrease in material deprivation, poverty risk, while education mobility remains static
Societyequivalised income per person reached 9,382 euros, higher by 3.9 percent compared to the previous year. According to ELSTAT’s findings, persons at risk of poverty or social exclusion represent 30 percent... more illustrated by the findings. Without any social benefits or pensions, the at risk of poverty rate
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Newsletter 220 -20/09/2019
repayment schedule, Greece is due to pay 2.1 billion euros per year up to 2021, dropping to 1.9... Eurosystem funding drops by 464.8 mln Central bank funding comes to 8.21 billion Greek banks’ Eurosystem funding fell by 464.8 million euros month-on-month (MoM) in August according to the monthly Bank
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingin Greece fell to 113 percent in Q2, which the bank remarked was significantly below their target as per... by funding improvements which mostly reflect the bank’s participation in European Central Bank’s... Emergency Liquidity Assistance (ELA) reliance and the calendar effect. Funding costs were down by 25 million
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Policy pledges bolster top two parties as ND erases losses from surveillance affair
PoliticsGreek Politicsof consumers. October subsidy will range from 43.6 cents to 33.6 cents per KWh, when in September... support for third party PASOK has remained more or less static. The findings suggest... the revenue as a way of funding support for heating oil, but refiners complain that it is unjustified
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Newsletter 174 -14/09/2018
billion euros. This reflects a 19.1 percent increase in foreign arrivals. Average expenditure per... for the latest 12-months since August 2017 remained at 0.5 percent. Eurosystem funding down to 12.63 bln... of Eurosystem funding for August revealed that for a fifth consecutive month, ECB funding made up
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The six reform proposals Greece hopes will help unlock more funding
PoliticsGreek Politicssubsidies of between 70 and 220 euros per month for some 30,000 households. The General State Accounting
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