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Newsletter 181 -2/11/2018
. The government is also in the process of drafting legislation for back pay to civil servants... contributions and other current transfers. Employees’ total remuneration grew by 3.4 percent and stood
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Tsipras talks up 'positive' measures but polls show little impact so far
PoliticsGreek Politicsreduced next year, around 500,000 pensioners would see their retirement pay increase by some 20 euros... for the opposition rose from 22 to 24 percent. A total of 74 percent of respondents believe things
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Tsipras points to tax cuts as example of bailout exit benefits
PoliticsGreek Politicsreduction in what they have to pay. The discount for properties valued at between 60,000 and 100,000 euros... to 150,000 euros. Overall, almost 6 million taxpayers, or 87 percent of the total, will see some kind
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Athens poised to unveil new minimum wage as post-MoU review continues
EconomyProgrammepeople in total, receive monthly wages of less than 600 euros per month. The increase will also lead to rises in 24 types of benefit handed out to at least 300,000 claimants. These include unemployment pay
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EC report notes economic imbalances and outlines remedies
Economyexternal competitiveness are starting to pay off. As part of reforms under the European Stability... sustainability given the large share of public debt in total foreign liabilities. The stock of NPLs
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Are Chinese investments starting to hit a wall in Germany?
Agorathe United States and France. Total bilateral trade between China and Germany ranks first because... assets to pay its debts, HNA announced in January 2018 that it would gradually sell (most of) its stake
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Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
Economywill provide a sizeable cushion against amortizations of medium and long-term debt of a total of 22... to materially weaker fiscal performance and institutional improvements. Moody's highlights that it will pay
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BoG underlines progress in NPE reduction but stresses need for systemic solution
Economyto improving banks’ balance sheets. At the end of last year, NPEs stood at a total of 81.8 billion euros... denounced loans, nearly a third, 30.6 percent, are considered “unlikely to pay”, while 22.2 percent have
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IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions
EconomyProgrammeon Friday. The issue that is expected to top the agenda is Greece’s bid to pay off some of its almost... billion euros to the IKA fund, and the self-employed, who owe a total of 16 billion euros
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Corruption claims dominate political discussion ahead of elections
PoliticsGreek Politicsissued in previous years to New Democracy and PASOK, which owe a total of more than 400 million euros... has failed to pay tens of millions in bills to state-controlled gas firm DEPA, the firm’s owner
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