Search
-
First days of talks confirm gap between Greece, lenders on pensions
PoliticsGreek Politicsfor increasing the social security contributions for supplementary pensions by 1.5 percentage points (1 point... million euros to achieve the bailout pledge for pension cost savings of 1 percent of GDP (1.8 billion
10% -
General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
EconomyMacroeconomyindicated it would repay a portion of arrears with part of the last two sub-tranches of 2 and 1 billion...-tranche (1 billion) and payment to the IMF (1.2 billion). The other debt components were kept stable
10% -
Greek pensions: The unsolvable equation
AgoraLast July the conditionality of Greece’s third programme included savings of 1 percent of GDP from... at the end of 2013, took roughly 1 million people out of labour force. The latest figure as of October 2015... took a major hit not only as a result of people dropping out the labour force en masse but also due
10% -
Newsletter 62 - 12/02/2016
, which would be reduced by 1 percentage point for incremental income of 1,000 euros. Thus, the discount... for Greece saving 1.8 billion euros (equivalent to 1 percent of GDP) this year in order to meet its
10% -
BoG outlines steps to economic recovery, updates on banks' asset quality
EconomyMacroeconomyinvolve: 1) Further strengthening of the banking system by addressing the huge stock of non..., Greek banks’ Common Equity Tier 1 (CET1) and total capital adequacy ratios reached 18 percent
10% -
Newsletter 64 - 26/02/2016
Turkey since January 1, compared to 4,500 in the same period last year. have arrived by sea..., Greek banks’ pro-forma Common Equity Tier 1 (CET1) and total capital adequacy ratio reached 18 percent
10% -
Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingfor cost of risk south of 2 percent in 2016 and below 1 percent in 2017-18. The overall stock... the capital raising in November, the bank’s phased-in Common Equity Tier 1 (CET1) ratio increased to 17
10% -
Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBankingraising in November, the bank’s Common Equity Tier 1 (CET1) ratio reached 16.7 percent, while... targets a return on assets (RoA) ratio above 1 percent, cost to income ratio at 40 percent (from 50
10% -
CPI falls at a slower pace of 0.5 pct in February
EconomyMacroeconomy, while goods index fell by 1 percent. The drop in February CPI is mainly attributed to a decrease... in the clothing and footwear sector (-5 percent), while prices in transport and household equipment also fell 1
10% -
Greece and lenders hold inconclusive talks on tax and pensions
EconomyProgrammeanything yet.” This confirms the significant gaps that still exist between the two sides and relate to: 1... savings of 1 percent of GDP (1.8 billion) this year. Since the institutions rejected the government
10%