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  1. Net profit of 87 mln for NBG in Q1
    Photo by MacroPolis

    EconomyBanking

    pillar II costs, fees fell 3 percent QoQ to 73 million euros, while fee expenses related to pillar II... II bonds (nominal value) were sharply reduced from their peak of 16 billion in Q3 2015 to 3 billion

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  2. Newsletter 75 - 27/05/2016

    Newsletters

    as a way of partly negating the recessionary impact of the 3 percent in GDP of austerity measures... just passed a package of legislation that any administration in Europe would have balked at: 3 percent

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  3. Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    . The expenditure breakdown showed salaries and pensions dropped 1.4 percent in April and 3 percent... target of 1.45 billion) 3) Consumption and non-allocated expenditure (at 235 million, at 15 percent

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  4. PASOK and Potami aim to firm up joint platform
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    place on July 3 and comes after several rounds of discussions between representatives of each party... what a struggle Potami faces, with the centrist party lagging below the 3 percent threshold

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  5. BoG proposes debt relief measures and lower primary surplus target from 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    ) Inflation close to 2 percent until 2019 3) EFSF and ESM loan rates of 2.6 percent in 2020 and 3.5 percent from 2027 onwards 4) Greek Loan Facility (GLF) rates of 1.4 percent in 2020 and 3 percent as of 2027

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  6. Coalition's proposal for PR electoral system unlikely to clinch supermajority
    Photo by MacroPolis

    PoliticsGreek Politics

    · Maintaining the 3 percent threshold for parties to enter Parliament The abolition (rather than a reduction... it would also not vote for the bill because it maintains the 3 percent of GDP threshold

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  7. Newsletter 81 - 08/07/2016

    Newsletters

    for the winning party but retaining the 3 percent threshold for entering Parliament – would apply... of removing the bonus but also wants to scrap the 3 percent threshold. As a result, the government separated

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  8. Coalition and opposition make proposal and counter-proposal in build-up to electoral law vote
    Photo by MacroPolis

    PoliticsGreek Politics

    the next elections. Reports on Thursday suggested that the government might lower the 3 percent... the bill, given that they are currently polling around the 3 percent mark. If either, or both

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  9. Parliament's budget office sees risks to economic recovery
    Photo via Flickr https://flic.kr/p/7sxCd6

    EconomyMacroeconomy

    in the programme, particularly the austerity measures worth 3 percent of GDP that negatively weigh... the uncertainties attributed to the high and unrealistic primary surplus target of 3 percent of GDP in 2018

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  10. Newsletter 84 - 29/07/2016

    Newsletters

    system. The government estimates that around 3–4 billion euros may be returned to Greek banks... issues during the summer is part of a conscious government strategy to prevent resentment over the 3

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