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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek PoliticsOrganisation to grant 30,000 apartments with a rent subsidy of 3 euros per square meter (54 million). Funding.... The second pillar relates to a downward adjustment of the primary surplus targets from the 3 percent... of the “unrealistic” 3 percent for 2015 and 4.5 percent for the next year, as envisaged by the MoU
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomyat 173.74 billion euros for 2015, 6 percent lower than last year’s budget and 3 percent below 2014 figure... in the expenditure ceiling for military spending (500 million) 3) Pension reforms (484 million) 4... million) 3) Rise in the corporate tax rate (361 million) 4) Extension of Gross Gaming Revenues (GGR
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Newsletter 30 - 12/06/2015
of June. Since the ELA liquidity buffer for Greek banks has remained stable at 3 billion over the past 6... percent for 2016, 3 percent for 2017 and 3.5 percent for 2018 and beyond) and abandoning its demands... are demanding 3 billion euros of fiscal measures this year alone and another substantial overhaul
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Pending pensions mount up, complicating fiscal effort
Economy), stands close to 3 billion euros. The majority (2.16 billion euros) of this stems from IKA and 670... are taken into account. As a result, the current deficit of 3 billion would reach 6 billion including.... The latter currently stands at 1.3 billion, while ETEA’s total wealth is estimated at 3 billion
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Greece sends reform list to creditors, here's an outline of what it's likely to contain
PoliticsGreek Politics30,000 apartments with a rent subsidy of 3 euros per square meter (54 million). 2) A large part... stated that the government aims to collect revenues of 3 billion from the new legislation on settlement of unpaid tax obligations 3) A list of structural reforms, also incorporated in the Thessaloniki
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Newsletter 445 - 13/12/2024
. Interest payments will come to 7.39 billion euros, at 3 pct of GDP. Overall, given the global... March. Month-on-month, the index recorded a rise of 0.6 pct. There was a 3 pct decrease in manufacturing, electricity supply dropped by 2.7 and mining was down by 8.7 pct. Water supply only rose by 3 pct.
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Greece rides the ghost train
Agorafor the next few years (1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5... this out in a blog post on Sunday. Lenders are demanding 3 billion euros of fiscal measures... that allow the palpitations to subside. The news on Thursday that International Monetary Fund officials had
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Newsletter 484 - 14/11/2025
. The revival of the “3+1 Energy Dialogue” between Greece, Cyprus, Israel, and the US, and the prospect... in manufacturing, 5.3 pct in electricity supply and a 3 pct rise in water supply. The manufacturing... scandal, which has paralysed subsidy payments and exposed systemic flaws in agricultural support
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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBanking). Net Interest Income (NII) in 9M came to 1.11 billion showing an increase of 3 percent YoY.... In Q3, NII reached 380 million, higher by 3 percent QoQ. Asset quality NPEs fell by around 600 million... for the state subsidy on mortgage instalments under the Bridge programme, equal to 1.7 billion euros in loan
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Tracking Greece's fiscal performance
Agorainterest rates on the debt. Figure 3 summarizes the headline findings, using the ESA accrual accounts...), then the nominal rate would amount to some 3½ percent, instead of the current 1.3 percent.[1] This would mean... subsidy on its interest bill, relative to what it would have to pay if the debt were held by the market
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