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Greek bank recapitalisation: The story so far and what lies ahead
EconomyThe Greek bank recapitalistion process will be one of the most pressing issues that the new government due to emerge from the September 20 snap elections will have to tackle. The key ongoing... to that of the capital increases. This potential recapitalisation process is based on a capital shortfall of 7–8 billion
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Services sector turnover deteriorates in Q2
EconomyMacroeconomyAuthority (ELSTAT) figures showed on Tuesday. In particular, 7 out of the 14 services activities posted... percent) and computer programming and consultancy (+20 percent). In contrast, the turnover index
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General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept
EconomyMacroeconomythe beginning of the year to 1.21 billion in September corresponding to more than 20 percent of total... in the last quarter of this year and of 7 billion in total by the end of 2016. Debt The stock of gross debt
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Greek firms rely on public procurement most in EU but also suspect corruption, survey indicates
Societyin Lithuania, Greece, Bulgaria (all 8 percent) and Slovakia (7 percent) are the most likely to have been...) and French (68 percent) companies also complained in this regard, while only 20 percent of companies
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The year that Greece (nearly) saw it all
Agoramyths, now here are some truths Feb 20 Where did all the money go? Jan 5 The Greeks deserved better... This is the deal Greece will go in search of at Wednesday's sceptical Eurogroup Feb 7 Economy Greek
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Newsletter 59 - 22/01/2016
are gradually blocking national and ring roads in protest not only at the tripling of their SSCs from 6–7 to 20 percent but also the impending higher taxation rates imposed by the third bailout programme signed
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
Economy, Pitsiorlas said that binding offers from 7 international investors are expected by the end of August...). The international tender has been extended until June 20. He also said that the process
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Newsletter 83 - 22/07/2016
of 1.06 billion. Budget revenues soared 33.9 percent in June, leading the six-month figure up 7.... For the five-month period, the C/A deficit narrowed by more than 20 percent to 3.51 billion, largely
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Property tax notices for 2016 to be issued, collection target remains same
EconomyMacroeconomyoutside the town plan and the abolition of the 20 percent discount for empty apartments or buildings... contributes just 7 percent to the total ENFIA amount, the second 44 percent, while the third bracket makes
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Fitch affirms Greece’s rating at ‘CCC’
Economyto face very large funding imbalances with the Emergency Liquidity Assistance (ELA) funding making up 20... small portion (around 7 percent) of ELA funding to be shifted towards the cheaper ECB funding
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