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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammefor the signing of the MoU and 3 relate to the repeal of roll-backs on previous programme legislative...) 3) Amendments to the household insolvency law mainly related to tightening the eligibility criteria... retirement law for the public sector 3) Circular implementing a pension law for the public sector
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European Commission review of Greek programme: The key points
EconomyProgrammethe end of August 2014. Following the recent 5-year bond issue of 3 billion, these needs have been... through repo operations which would fetch up to 3 billion and b) use of idle resources available in other... and 3 pp in 2015-16. After a material improvement in 2013, the Current Account (C/A) balance
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How SYRIZA says it will fund its economic policies
Economypillar, 3 billion to employment and 1.86 billion to humanitarian crisis. SYRIZA claims... buffer, which currently stands north of 11 billion euros. SYRIZA anticipates that 3 billion euros... and fuel smuggling. Estimated revenues are seen at 3 billion euros from the first year, yet SYRIZA
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Newsletter 29 - 05/06/2015
lenders are demanding new fiscal measures of around 3 billion, which is markedly higher than the 1–1.5... surplus targets to 1 percent of GDP for 2015, 2 percent in 2016, 3 percent in 2017 and 3.5 percent... on the previous coalition government) of 3 percent for 2015, 4.5 percent for 2016 and 2017 and 4.2 percent
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BoG sees ample capital space for banks to sell bad loans
EconomyBankingfor the sale starts at 3 percent of the portfolio’s nominal value, up to 20 percent. This is measured... portfolio in scope at 3 percent of nominal value and still maintain a CET1 of 16.8 percent. Similarly, in scenarios 2 and 3, Greek lenders can sell more than 75 percent of portfolios in scope, i.e. 27.1
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Macroeconomic fundamentals for Greece
Agoraof the labor force. Figure 3 indicates the assumption that the unemployment rate can fall further... 175 percent of GDP; a fiscal balance of around minus 3 percent; the interest bill around 2½ percent, and the primary balance around minus ½ percent of GDP (Table 3). This would reflect a notable
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A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
Economyprocess over a 7-year horizon with estimated revenues of 3 billion in the first year. This implies... body to manage private debt as well as the establishment of the new banks is projected at 3 billion... are estimated at 3 billion euros from the first year refraining from providing details on specific
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SYRIZA's poll lead consistent but parliamentary majority elusive
PoliticsGreek Politics29.5 ND 26 PASOK 5.5 Potami 5.5 G Dawn 5.5 KKE 4.5 Ind Grks 3 Papandreou 2.5 Other 4 Undecided 8.5... SYRIZA 31 ND 25.5 KKE 5.5 Potami 5.5 G Dawn 4.5 PASOK 3 Ind Grks 2 Papandreou 1.5 Undecided 18... for Avgi SYRIZA 38 ND 30 Potami 7 PASOK 5.5 Golden Dawn 5.5 KKE 5 Independent Greeks 3 Others 6
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Polls continue pointing to SYRIZA victory as new post-election scenarios emerge
PoliticsGreek Politics. Three surveys published over the weekend put SYRIZA between 3 and 5 percentage points ahead of New... 7.1 G Dawn 5.4 KKE 5.1 PASOK 4.2 Ind Grks 3 Papandreou 2.7 Others 6.3 #Greece — MacroPolis... Grks 3 Papandreou 2 DIMAR 1.5 Other 2 #Greece — MacroPolis (@MacroPolis_gr) January 18, 2015
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The key points from Greece's proposal to lenders
EconomyProgrammein an effort to increase VAT and income collection. 3) Increase in the solidarity levy rates to 2% (from... of the social security funds (SSFs) into three in two phases and over a period of 3 year. 2) Suspension of the zero deficit clause for 2015-16 3) Provision for the progressive adaptation of the early retirement
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