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Newsletter 149 -2/02/2018
appear strong enough to kill off any prospect of an irreparable rift developing. However, the question... chief feels that he will kill off any small chance he has of being re-elected by alienating his... (ESI) got off to a positive start in 2018 and rose by 0.6 points to 101.9 in January from an upwardly
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Newsletter 151 -16/02/2018
a Greek coast guard boat was rammed by a Turkish patrol vessel off the coast of the Imia islets, whose... is not likely to be a one-off occurrence. Turkish military operations in Syria’s Afrin and the hydrocarbon exploration going on off Cyprus, where ENI says it has discovered gas, look to have put Ankara
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Greek banks' NPL selloff gathers speed
EconomyBankingto write-offs and cured loans, another strategy to reduce bad loans is to sell them off in bundles... that Greek banks beat their NPE reduction targets, after being off course in the preceding two quarters. Excluding off-balance sheet items, NPE stock was reduced by 2.7 billion euros quarter-on-quarter
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Newsletter 168 -29/06/2018
authorities will have to undertake for reforms to be successfully signed off. Additionally, two... is seen levelling off at 1 percent in the long-term, which translates into a 3 percent long-term nominal..., with the target decreasing gradually by 0.5 percentage points per year to level off at 2.2 percent
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Government bolsters aid package as questions mount over deadly fires
PoliticsGreek Politics” includes one-off payments of 5,000 euros to families and 8,000 euros to businesses; exemption from the ENFIA property tax; a suspension of property auctions; the writing off of debts to the Public... euros they received as a one-off emergency payment in 11 years ago. However, it is unlikely
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Newsletter 172 -27/07/2018
package of measures” includes one-off payments of 5,000 euros to families and 8,000 euros to businesses; exemption from the ENFIA property tax; a suspension of property auctions; the writing off... the government reacted since the fire will be difficult to shake off. It casts a different light
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Newsletter 175 -21/09/2018
but the concern that agreeing to call off the cuts will create political problems and send a negative.... Excluding off-balance sheet items, the NPE stock was reduced by 3.8 billion euros quarter-on-quarter (QoQ... and the improved tax revenue collections entailed could taper off as customers return to paying by cash once
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Primary surplus confirmed at 3.34 bln in Dec, misses annual target by 367 mln
EconomyMacroeconomy5.42 billion euros, off target by 922 million euros. The MoF noted that the shortfall was mainly... billion euros. The negative balance in the aggregate period was off target by 406 million euros... a one-off payment related to law 4575/2018, which will be paid on January of 2019 instead of December
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingit will mean a reduction in regulatory capital as banks will need to write off deferred tax credits (DTCs) accumulated. Legally, the amount written off in connection to DTCs will be recognised... mechanism in the proposal allows for the non-activation of DTC legislation, allowing banks to write off
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Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
EconomyProgrammethat the institutions have asked for the cut-off date to be moved back by two months, to the end... approval from the European Stability Mechanism for the right to pay off at least some of its loans... to surcharges. Kathimerini reported on Thursday that Athens would like to pay off this year’s and next year’s
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