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Newsletter 49 - 30/10/2015
of 2 billion euros. A few days later, on October 27, the government’s council for economic policy..., while the government aims to protect 7 out of 10 mortgage holders in arrears. The second key... in September. October’s rise took the index to -59.6. Overall,ESI is down 12.6 points this year. 2
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The key points in Greece's new bank recap bill
Economyof Greece (BoG) following the submission of an updated restructuring plan. 2) The updated... is allocated among preference shares and other Core Tier 1 (CET1) instruments, Tier 1 instruments, Tier 2... firms. 7) Banks may recognise Deferred Tax Asset (DTA) for credit risk until the end of June 2015
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Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgramme-tranche of 2 billion euros to Greece after the completion of the first set of milestones as well... of competition and prospects for investment. 2) Design of the New Organisation of Markets in Electricity (NOME... for the claw back on hospitals. 7) Review and limit the prices of private diagnostic tests. 8
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Gov't postpones discussion on parallel programme ahead of tranche approval
EconomyJanuary 7. Earlier on Thursday, Deputy Prime Minister Yiannis Dragassakis said in an interview... interventions such as: 1) Establishment of poor citizens’ bureaus. 2) Health support for uninsured... of supplementary staff of Social Welfare Centers (2 million). For most of the other measures, GAO report
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Newsletter 58 - 15/01/2016
for main pensions, which would increase to 3.7 billion, or 2 percent of GDP, if the court’s decision... of 7 percent in December. There were 10 positive monthly readings last year, with the number... lower than in 2014. 2 Syriza's slow march The lack of strategic planning and clear thinking could bite
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Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBankingbillion euros, the majority (15.6 billion) relates to loans, 5.1 billion to pillar II bonds, 2 billion... anticipates that the lifting of capital controls within 2016 will trigger the return of around 7 billion euros of deposits, with the bank targeting to capture 2 billion of those inflows.
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Pension and income tax reform bill sets out 4.4 bln in new measures
EconomyProgrammemillion. This figure is expected to rise to 900 million from 2020 thereafter. 2) Cut in current (284... – 122 million. 7) Lower expenditure for unpaid obligations related to lump-sums pensions – 118 million... million. 2) New methodology for calculation of self-employed contributions based on declared
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One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
EconomyBankingmillion in Q1. Core pre-provision income (PPI) improved by 7 percent quarter on quarter (QoQ) to 247... dropped by 2.8 and 2 percent respectively in the first half (H1) reflecting lower personnel.... Overall, the NPL formation in Greece reached 2 million in Q2 from 127 million in the previous quarter
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Newsletter 102 - 13/01/2017
to 40.1 billion. 2 Unemployment rate eases Slight drop attributed to a decline in the number of jobless... in December were in alcoholic beverages and tobacco (+2 percent), housing (+1.8 percent) and hotels, cafes... by 2.3 percent in November, following a higher rise of 7 percent in the previous month, according
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Details of technical agreement between Greece and lenders set out in draft sMoU
EconomyProgrammeevening. The 53-page document dated May 2 is broadly similar to a previous draft of April 23 that we... sector (33 million) and reduction in certain allowances in the military sector (7 million... (2 million). Although the tax expenditures to be abolished are not detailed in the draft sMoU
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