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Greek banks' NPL selloff gathers speed
EconomyBankingcrisis. This, combined with a ban on foreclosures at the start of the crisis which opened the door... for the disposal of a Portfolio of Retail Unsecured Non-Performing Loans. The total outstanding aggregate balance comes to 3.7 billion euros, and a total outstanding principal amount is 2 billion euros
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Newsletter 267 -02/10/2020
, especially in Libya,” Pompeo explained. PM Mitsotakis was, no doubt, encouraged by Pompeo’s statements...) which outlines how late payments impact the business outlook across Europe. A total of 9,980... expenses were food and non-alcoholic beverages which accounted for 20 percent of total expenditure
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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammemeasures. Also, Greece has to identify measures yielding a total of 1 percent of GDP (0.75 percent coming... producers with the total new tax and contribution burden standing at lower than current levels
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Possibility of post-election breakup dogs Greek coalition
PoliticsGreek Politicsto survive the vote. While Venizelos has backed away from setting the bar for the centre-left Olive Tree..., Potami 5.5, IndGrks, DIMAR 1.4 — MacroPolis (@MacroPolis_gr) May 14, 2014 The projected results... also mean that the combined total of the support for PASOK and New Democracy would be more or less
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomysettling at 1.77 billion making up 47 percent of total arrears. Tax refunds were the only subsector... percent of total. Hospitals’ arrears are the third key contributor with the outstanding figure at 606 million at the end of 2014 corresponding to 16 percent of total. The other three subsectors make up
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Amid lack of communication, overflights add to Greek-Turkish tension
PoliticsForeign Policyon the sidelines of NATO Summit, in London in early December. Libya concerns Athens is also closely monitoring Turkey’s efforts to enhance and stabilise its presence in Libya, supporting the UN-recognised government in Tripoli. According to press reports, Turkey maintains five frigates closely to Libya
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After signing EastMed pipeline pact, Athens aims to tackle Turkey challenge
PoliticsForeign Policymemoranda with the Tripoli-based government in Libya. Officials in Athens stress, however... following Turkey's intervention in Libya, the message to Ankara in the joint statement they issued... in Libya presents a dangerous threat to wider regional stability.” The statement also noted
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Quiet summer in Greek-Turkish relations not seen lasting
PoliticsForeign Policy, in the upcoming EU Summit. Libya Libya is another issue that is of major concern to Greek diplomats. Libya’s Prime.... Even though the meeting focused more on Turkey’s economic “return” to Libya for the country’s... from the international community. The political situation in Libya will remain fluid and it is quite
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Almost 50 pct rise for new unpaid taxes in 2014 as overall total rises to 73.8 bln
EconomyMacroeconomyreflecting payments of 1.56 billion and write-offs of 893 million. Overall, the total stock of new... of collections over total taxes due from those audits. Collected taxes from audits on large corporates stood... the final figure landed at 15.3 percent for the full year. A significant underperformance was also evident
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Budget primary shows deficit of 18.20 bln in 2020, total deficit at 22.81 bln
EconomyMacroeconomy. There was no projection for this amount in the Budget 2021 introductory report. State budget total revenues stood at 53.03... period last year, interest payments stood at 5.23 billion. In the year to date, total expenditure..., above the target by 226 million. Overall, the PIB balance landed on a deficit of 5.11 billion
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