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  1. Clock ticks on bailout review but big gaps remain between Greece, lenders

    EconomyProgramme

    to be granted after 20 working years with income criteria vis-a-vis the government plan for 15 working years... (primary-home mortgages, consumer and SME NPLs) was initially due by February 15 but this deadline was recently extended by one month until March 15. The terms and conditions for the potential sale

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  2. Greek teenagers' behaviour charted
    Photo by MacroPolis

    Society

    Of the one in four Greeks teenagers aged 15 who say they have had sexual intercourse, most say..., the percentage of 15 year olds claiming to have had sexual intercourse increased from 21.3 percent... 15. One in five said they had sex at the age of 14 and one in 10 at the age of 13. The survey also

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  3. Greece and lenders hold inconclusive talks on tax and pensions
    Photo by MacroPolis

    EconomyProgramme

    scenarios. The first foresees an increase in the tax rate to 15 percent this year and to 26 percent...) to be granted after 20 working years. This means that if the government insists on its initial proposal for 15... (15/20) for those with 15 working years. 2) On pension replacement rates, the mission chiefs

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  4. Revenues of 1 pct of GDP targeted from changes to income tax and solidarity levy

    Economy

    , which would be an increase of 15 percent on what they pay at the moment. For incomes of 35,000... MoU calls for increases of 4 percentage points (pp) to 15 percent for incomes up to 12,000 euros... proposed an increase in the rate on dividends from 10 to 15 percent. Overall, the tax overhaul

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  5. Study highlights overregulation and bad law-making in recent years

    Society

    In the last 15 years, Greece has passed 36 tax laws, as well as 108 temporary provisions and 238... in order to quantify the laws, decrees and other regulations relating to taxation during that 15... in the last 15 years, during which 3,452 presidential decrees were also issued. This entire legislative

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  6. Newsletter 95 - 11/11/2016

    Newsletters

    in Athens that Obama’s November 15–16 visit will not have such a significant impact as they had... and 15 percent respectively in September. The aggregate figures for the first nine months..., which makes up almost 21 percent of the index, fell by 2.8 percent. The biggest drop of 15 percent

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  7. Three-quarters of Greek workforce struggles to make ends meet
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    workers said they had taken between one and 15 days’ sick leave, followed by Danish (55 percent... said this was the case, compared to the EU average of 15 percent. Greeks were top of the table... compared to 24 percent), low temperatures (30 compared to 21 percent) or tobacco smoke (15 compared to 9

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  8. Greek banks conclude series of corporate actions as part of restructuring

    EconomyBanking

    (NBG). NBG repaid on December 15 the contingent convertible bonds (CoCos) worth 2.03 billion euros... for the annual coupon of CoCos and an additional 2.7 million on December 15, which related... is expected to improve the Piraeus’ CET1 ratio by 15 bps. PBC also concluded a capital increase of 40

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  9. Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reflects household and sole proprietors’ net deductions of 157 and 15 million respectively mitigated... 15 million. For the whole year, net deductions reached 255 million, while the loan stock edged down..., with net deductions of 15 million in December. Overall, the negative flow in the sector reached

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  10. ESM takes stock of Greece's sovereign vulnerability
    Photo by MacroPolis

    EconomyProgramme

    vulnerable. Another indicator with a weight of 15 percent is fiscal position where countries... and other contingent liabilities (weight 10 percent), b) institutional parameters (weight 15 percent) and c) private sector leverage, credit flows and real estate developments (weight 15 percent). For each

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