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CPI increases by 1.6 pct in April
EconomyMacroeconomyrevealed that heating oil prices surged 30 percent followed by double-digit increases in natural gas... in clothing and footwear by 10.7 percent and in alcoholic beverages and tobacco by 2.9 percent. All other... percent in 2016, all current forecasts point to a return in inflation as of 2017. The Finance Ministry
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Newsletter 118 - 12/05/2017
increased at a faster pace of 36.2 percent in March, more than double the growth rate of 17.7... revealed. Overall, the weighted average rate on all new deposits remained unchanged at 0.31 percent... beverages and tobacco by 2.9 percent. All other goods’ and services’ groups showed minor changes
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Overdue social security contributions increase 827 mln to 23.3 bln at end of Q2
EconomyMacroeconomyof 2017, all past due SSCs from all pension funds, which are not actively settled, have been... with a double-digit rise in each of the last two years. Starting from 333.3 million in 2014, SSC collection
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Overdue social security debt reaches 30.5 bln in Q3 on consolidation of debtors
EconomyMacroeconomybased on several theoretical collectability criteria. Since the beginning of 2017, all past due SSCs from all pension funds, which are not actively settled, have been transferred to KEAO. The report... has collected revenues of 2.55 billion since 2013 with a double-digit rise in each of the last two
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Capital controls to be loosened further, restrictions on foreign cash removed
EconomyMacroeconomywithin the context of normal business activities, will also double from the current limit of 10,000... of bank accounts by all individuals and corporations, a gradual increase in the cash withdrawal limit... in the limit for overseas money transfers. The key conditions include faster improvement in all
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Overdue social security debt reaches 31.3 bln in Q4, collected revenues beat annual target
EconomyMacroeconomycollectability criteria. Since the beginning of 2017, all past due SSCs from all pension funds, which... last year. Overall, KEAO has collected revenues of 2.86 billion since 2013 with a double-digit rise
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Overdue social security debt at 31.87 bln in Q1, debtors at 1.2 mln
EconomyMacroeconomythe beginning of 2017, all past due SSCs from all pension funds, which are not actively settled, were... billion since 2013 with a double-digit rise in each of the last two years. Starting from 333.3 million
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economybehind all agencies. However, it has not taken any ratings action since February. Fitch believes... profiles of all its rated sovereigns and the extension is set to further lengthen the average maturity... of GDP, which is double what Fitch had estimated and well above the ESM programme target of 1.75 percent
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BoG provides details of ambitious plans to slash NPLs via SPV
EconomyBankingexample of the scheme, BoG proposes the transfer of all denounced loans which stand at about 40... of provisions over loans will be brought down to 41 percent from 49 percent. All four systemic banks will maintain double-digit capital adequacy ratios. These estimates have not taken into account
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Overdue social security contributions rise to 34.35 bln in Q3
EconomyMacroeconomythe beginning of 2017, all past due SSCs from all pension funds that are not actively settled have been... since 2013 with a double-digit rise in each of the last two years. Starting from 333.3 million in 2014
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