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Bond issue decision expected as clock ticks down
PoliticsGreek Politicsbetween 2 and 24 instalments to settle what they owe. These elements of the bill mean that many... Giannousakis, the owner of the Noor 1 cargo ship which was seized with almost 2 tons of heroin on board... in September 2015, when then-Interior Minister Panayiotis Kouroublis asked local authorities to list
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Newsletter 36 - 24/07/2015
be sold without the consent of shareholders, 2) transferring business to a bridge bank, 3) separating... of capital controls since June 29, 2) the banks’ financial results for the second quarter of 2015, 3... 690 million euros year-on-year. 2 Divided we fall Treating Greek crisis as a national problem has
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Asking Greece to stack more austerity measures ignores past failings
Agorato 2018 and commit to an added 2 percent of GDP on stand-by in the event that targets are missed... an upwards-revised surplus of 705 million euros. This meant the target was missed by more than 2... in charge of the design of Greece’s programme should have stopped to take stock and ask why even
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Newsletter 93 - 21/10/2016
coupled with a higher increase of 2 percent in mining and quarrying turnover. Despite the modest... percent, while mining and quarrying turnover expanded at a higher pace of 2 percent. However.... 2 Polycrisis at the heart of Europe The EU requires real leadership to overcome its current
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Report exposes fractured and incomplete response to refugees
Societymillion euros was allocated for a revised PHILOS 2 project, along with a 400-euro stipend for staff... the country that the PHILOS 2 project had envisioned. The report showed that as of May 2019, there was only... at the Leros centre. Part of the delay related to the PHILOS 2 project was that KEELPNO, which was leading
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legalinsurance. 2. Subsidized Guarantees for Bank Loans One of the most important instruments under... exception under Article 107(2)(b). 5. Short-term export credit insurance The Temporary Framework... interest rate subsidies on loans and bank loan guarantees. 2. Support for employees and unemployed
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What does a bailout exit with a precautionary credit line mean for Greece?
EconomyProgrammetypical size is expected to vary between 2 and 10 percent of the concerned country’s GDP. Surveillance... (a sensitive point for the Greek government) in the design and implementation of both credit lines... and abolition of retirement exclusions from the general aging limits. 2) Abolition of nuisance
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Pension reform to be one of new government's toughest challenges in next weeks
EconomyProgrammein an annual increase in revenues by 854 million euros (0.5 percent of GDP). 2) Gradual elimination... the restoration of basic and supplementary pensions to their 2012 levels. 2) The gradual phase-out... the design phase and are sufficiently concrete and quantifiable in order to be adopted. Otherwise
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Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgrammeof competition and prospects for investment. 2) Design of the New Organisation of Markets in Electricity (NOME...The European Stability Mechanism (ESM) BoD approved on Monday afternoon the disbursement of the sub-tranche of 2 billion euros to Greece after the completion of the first set of milestones as well
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Greek pensions: The unsolvable equation
Agorain 2010, the equivalent of 2 percent of that year’s GDP. Contributions evaporate By design, the Greek... in 2016. Spending on welfare has been almost halved from 4.2 billion euros in 2011, 2 billion of which... took a major hit not only as a result of people dropping out the labour force en masse but also due
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