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The key points from lenders' proposals to Greece
EconomyProgramme. The Greek proposal included 3 VAT rates at 6, 11 and 23 percent, The lowest rate of 6 percent... contributory, and targeted pensions only at the attainment of the nominal retirement age of 67 years. 6... the health contributions for pensioners from 4 to 6 percent of gross pension and extension
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Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgrammesecured by the increase in the health care contributions for pensioners from 4 to 6 percent for main pensions and from 0 to 6 percent for supplementary pensions, with targeted annual revenues of 854 million... consolidation of main pension funds, average cut in supplementary pensions by 6 percent due
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Newsletter 300 - 11/06/2021
euros, bringing the total size of the issue to 6 billion euros, the largest single security of the Greek..., with real money dominating at 69 pct, followed by banks at 22 pct, hedge funds at 6 pct and central... pct after an increase of 6 pct in March The annual movement in the index was led by a 46.4 percent
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Annual debt strategy almost wrapped up with 5-year bond, at 3.92 pct yield
Economyfrom the markets, Greece has attracted 6 billion euros and is near the 7 billion euros... States was at 6 pct. Banks and Private Banks had the largest share with 44 pct, followed by fund managers with 6 pct and hedge funds at 6 pct.
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SYRIZA facing more departures as party's position continues to weaken
PoliticsGreek Politicsto former labour minister Efi Achtsioglou and her associates, who make up the so-called “6+6... continue being part of the grouping under the leadership of Stefanos Kasselakis. Although the “6+6
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Greek children lead way in languages at primary school level
Societyis the seventh lowest in the EU, it is tenth highest for the 15–29 age group, with the high road... that in 2008 Greece had the highest proportion (32%) of young smokers in the 15–29 age group, closely... aged 15–29 (around 19%) were found in Romania and Slovakia. On the other hand, marijuana or hashish
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Greek stocks post weekly rise of 5.6 pct, with banks rebounding strongly
Economyactions Greece is required to implement by October 15 to unlock the next sub-tranche of 2 billion... of the second sub-tranche of 1 billion by November 15. Furthermore, Greek Prime Minister Alexis Tsipras said... shares are down by more than 15 percent. Bank shares rebounded by 31 percent this week mainly
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammerent is due to be taxed with a rate of 15 percent (from 11 percent currently) for annual income... for 15 minimum working years, the national pension would have be reduced to 288 euros for those... with the quadriga, which is scheduled for March 15. The moratorium on the sale of consumer, SME and primary
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Greek bailout talks yet to conclude as start of IMF meetings approaches
EconomyProgrammeto 345 euros for a minimum of 15 working years. There is also a broad agreement on the new pension replacement rates, which would range between 0.77 percent (from 15 years) up to 2 percent (for 42 years... will increase from 10 to 15 percent, while the rates on income from rents will also increase to 15
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Greece not seen meeting milestones soon, refugee rise may add to tension
PoliticsForeign Policyon the completion of the 15 prior actions needed to secure further bailout funding. According to reports, only one of the 15 milestones (the Public Power Corporation’s general assembly approving the sale of a 24... between the EU and Turkey, since the failed coup in the neighbouring country on July 15 there has been
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