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  1. Greek health care spending in the spotlight
    By Natasha Pandazopoulou/Fosphotos

    EconomyFeatures

    to be reduced to 9 percent of GDP by 2010, and for the public contribution to be limited to 6 percent of GDP... billion euros for 2013 and 2 billion for 2014, with pharmaceutical companies required to contribute

    22%
  2. IFRS 9 provisions required by banks in line with expectations

    EconomyBanking

    in the region of 5.5 to 6 billion euros. Alpha Bank announced that its estimate for the IFRS adoption... to own funds until 2023, backloaded in the last 2 years of the horizon, and booking 30 percent

    22%
  3. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    and commission income fell QoQ by 10 percent (79 million versus 87 million) but rose by 2 percent YoY. Operating expenses fell by 6 percent YoY, excluding the extraordinary cost associated with the 2018

    22%
  4. Report on PPC’s viability ruffles feathers and shakes share price
    Image via www.dei.gr

    EconomyFeatures

    be considered viable at a debt to earnings ratio of between 4 to 6, meaning that profits must increase... day of trading for the month, May 2, when the share price stood at 2.7340. New Democracy’s head

    22%
  5. Newsletter 162 -18/05/2018

    Newsletters

    times. It concluded that PPC would be considered viable at a debt to earnings ratio of between 4 to 6... of the business plan by McKinsey which was still being put together. 2 Primary cash surplus at 7.45 bln

    22%
  6. Banks try to build on growing confidence

    EconomyBanking

    growth of 2 percent this year and 2.2 percent in the next, with much of its outlook based on Athens... that banks will reduce or eliminate ELA funding. Private deposits rose by around 6 percent on an annualised

    22%
  7. General govt primary cash surplus at 1.45 bln in June as expenditure picks up
    Photo by MacroPolis

    EconomyMacroeconomy

    euros, or 2 percent, in the aggregate period up to June to come to 36.66 billion. This was driven...), local governments (-34 million) and extrabudgetary funds (-30 million). A minor decline of 6

    22%
  8. PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    the outstanding amount to 3 billion euros, to match the quota and reduce the interest charges to 2... that often exceed 6 percent. Next year’s Eurosystem holdings amount to 5.8 billion euros and carry

    22%
  9. Industrial production grows by 1.4 pct in August and by 0.8 pct in aggregate period

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose by 1.4 percent in August from a revised increase of 2 percent in July, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday. The latest... industry confidence indicator for September fell by 6 points month-on-month to 0.3. Since the start

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  10. The legal framework and latest developments in international investment arbitration
    Photo by Joe Gratz via Flickr https://flic.kr/p/bkUna

    Legal

    A much-anticipated judgment by the Court of Justice of the European Union in the Slovak Republic versus Achmea B.V. (Case C-284/16), on March 6 this year, ruled that the arbitration clause contained... of its accession to the European Union, recourse to an arbitral tribunal provided for in Article 8 (2

    22%