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Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
EconomyBankingloans, 10 percent large business loans and 2 percent marine loans. Along with 95 percent of mezzanine... is expected to be around 2 billion euros. The process allows potential investors to submit non-binding bids
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Pension bill to be unveiled as govt prepared for fifth post-MoU review
PoliticsGreek Politics. The government has set a goal of 2 percent, but could be content with a 1 percentage point reduction to 2.5 pct of GDP which would give it an additional 2 billion euros of fiscal space in the coming year
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Athens steps up drive for fiscal space as fifth post-MoU review continues
EconomyProgramme. If approved, this could secure up to 4 billion euros for investments and 2 billion euros for tax relief. The government is searching for over 2 billion euros of fiscal space in the 2021 budget and at least
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Mission chiefs pick up fifth review baton as Greece mulls new bond issue
EconomyProgrammeplans to raise 2-2.5 bln euros and the yield is expected to be around 2 pct, if a landmark 15-year bond... operations, 2) Lower funding costs further, 3) Contain interest rate, FX and refinancing risks.
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgrammeeuros turned red during the crisis. The banks are calling for more than 2 billion euros of state... for over 2 billion euros of fiscal space in the 2021 budget and at least 400-500 million euros
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Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
EconomyProgrammewent sour during the crisis will also need to be settled as banks are claiming more than 2 billion... rates by 2 percentage points. Combined these two interventions require close to 1.9 billion euros
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Newsletter 237 -31/01/2020
but which went sour during the crisis will also need to be settled as banks are claiming more than 2... with 32 percent, 85 percent international and 16 percent from Greece. 2 Budget primary surplus
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Piecemeal process likely in drive for more fiscal space
EconomyProgrammecase it will free up 0.6 pct of GDP space towards tax cuts. The government plans to direct 2 billion... that the reduction in borrowing costs alone since the start of the year has created already fiscal space of 2
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EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
EconomyMacroeconomyat 2 percent. The Commission notes that based on the first three quarters available data, real GDP..., with the rise of those employed at 2 percent year-on-year, pushing the rate of unemployment down to 16.6
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Retail turnover edged up by 0.2 pct in Dec, annual increase at 1.3 pct
EconomyMacroeconomyat 1.3 percent compared to an increase of 2 percent in 2018. The corresponding volume index dropped...) and supermarkets (-2 percent). The monthly seasonally adjusted (SA) retail sales index in December fell
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