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Fires continue to test capabilities and spark political confrontation
PoliticsGreek Politics, even though PM Mitsotakis appears to have ruled out the possibility of holding elections this autumn... insistence on holding elections at the end of the government’s four-year term...., this would lead to ND winning 120 seats in Parliament, SYRIZA 86 and PASOK 44. In such a scenario, ND
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When will Greek banks operate as credit institutions again?
Agorabank branch in Frankfurt with a maturity of five years will currently have to pay an interest rate... of the past years, would currently have to pay for the same credit line an interest rate ranging... bank in Greece in terms of total assets (after National Bank of Greece) and the single largest in terms
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Newsletter 34 - 10/07/2015
we can judge, total interventions for 2015 stand at 2.3 billion euros and at 6.5 billion for 2016... amounted to 195 million. Summing up, total retail sales fell by 10 percent to 975 million, from 1.09... of taxpayers, following rumours that a haircut may be imposed on bank deposits, opted to pay
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Have inflation "repay" Greek debt and growth reduce indebtedness
Agoraout of the total debt of 320 billion) were rescheduled out to a 50-year bullet maturity... in Germany’s total interest expenses and there would be no way to trace them separately. True, Germany... interest rate but offer Greece the option of freeing itself from the obligation to pay annual
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Gov't submits multi-bill to pave way for next bailout tranches
EconomyProgramme(betting) making up 49.7 and 40 percent of total revenues respectively. Market sources stress... to pay the monthly instalment, the government will grant a subsidy that will burden budget with a total amount of 100 million euros. The second tier protection includes households that have an annual
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Gov't unveils bill to overhaul pension system, increase income tax revenues
EconomyProgrammemonthly earnings of each employee for the total number of working years after applying progressive... and pensioners. Self-employed and farmers will pay the whole rate, which would be applied on their declared... from the beginning of June 2016 until the end of May 2019. A lower rise by a total of 0.5 points
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Newsletter 111 - 17/03/2017
), who did not have to pay any personal income tax in 2016, would have to pay as of 2019, assuming... in December, to stand at 4.17 million in January. Overall, the total stock of overdue taxes, including... for the second straight quarter to reach 807,000, while its share of the total jobless figure fell to 71.8
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Tsipras reveals how excess surplus will be shared out, eyes political relief
PoliticsGreek Politicsthat of the 1.4-billion-euro total, 720 million euros would be handed out to 3.4 million people through a means-tested... pay illegally withheld in the form of healthcare contributions between 2012 and 2016. The remaining... for Energy (RAE) deemed that PPC customers would have to pay an extra 360 million euros via their bills
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Athens puts off bond sale, has fiscal concerns to address
EconomyProgrammeretroactively from August 2012. This would force the coalition to pay back the money those affected have lost..., reaching a total of just over 480 million euros: - 89.4 million for the retroactive cuts in 2012... to reports, the restoration of wages to 2012 levels will lead to a pay increase of between 32
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BoG highlights areas of concern in underlying NPE data
EconomyBankingthat are unlikely to pay and those in delay between 1 and 90 days are important indicators for the direction of credit risk. Unlikely to pay exposures stood at 27.8 billion euros, which is 31 percent of NPEs... in the first half of the year to 19.9 billion euros, representing 22 percent of total NPEs. It is important
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