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Bank of Greece reveals lenders' NPE challenge and sets out path to recovery
EconomyMacroeconomy. The report also outlines the contribution of each of those actions to the anticipated NPE movement. Around... billion (5.6 percent). The specific targets for each loan category reveal that the NPE ratio
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Car sales keep their rising trend, up 18.4 pct in November
EconomyMacroeconomyin the Attica prefecture. Despite a double-digit rebound in each of the last three years, the car... was during 2010-2012, when car sales fell by 30 percent in each of those years. As a result, car sales have
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Newsletter 101 - 23/12/2016
points in each of the next three years, from 23.5 percent in 2016 to 19 percent in 2019. The single most... 1 million euros each over the 2010–2015 period, concluded that one in six companies on average
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Car sales fall by 19.8 pct in Dec but rebound for fourth successive year in 2016
EconomyMacroeconomyprefecture. Car sales have posted a double-digit growth in each of the last four years... 2010-2012, when car sales fell by 30 percent in each of those years. The strong rebound posted
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Newsletter 105 - 03/02/2017
For every 4 billion euros collected in revenue, 1.16 billion remains unpaid each month New unpaid taxes... estimate that for every 4 billion in collected revenue there is 1.16 billion in unpaid taxes each
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IMF examines how Greece accumulated large pile of unpaid taxes and contributions
EconomyProgrammetax debtors owe less than 3,000 euros each, while their tax debt makes up just 2 percent of the total figure. In contrast, 1 percent of debtors owe more than 1 million euros each, accounting for 80
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First day of talks highlights distance that needs to be covered
EconomyProgrammeof a mechanism that would allow for a more precise estimate of each year’s fiscal outcome close to the end of each year rather than the official announcement by Eurostat around four months later
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Round of talks nearing end with limited progress, serious doubts about March 20 goal
EconomyProgrammeand pensions worth 1 percent of GDP each, while the government wants lower savings of around 0.75 percent of GDP each. Another unresolved issue is whether those measures will be implemented in 2019 or 2020
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Greece, lenders tie up some loose ends and continue negotiating
EconomyProgrammeof GDP each. On the tax front, the institutions favour the tax-free threshold to be lowered to 5,900... on a new mechanism for timely projection of each year’s fiscal outcome (before the ratification
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Multiple potential benefits await Greece if it can clinch QE eligibility
EconomyFeaturesand issuer limits of 33 percent each and the 1 to 30-year range of residual maturity applied... billion each. Indicatively, Alpha Bank noted in its 9-month results’ presentation that the book value
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