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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammehousehold for up to 150,000 households with a total cost for the 9-month period of 2015 at 22.1 million c... euros budgeted at 40.5 million for the 9-month period of 2015. The overall cost of those three
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Newsletter 19 - 13/03/2015
to 50.9 billion in January and mainly relate to pillar II bonds. The interest cost of ELA funding... and, second, the reduction of pillar II bonds, which bear a total (including interests and fees) cost
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Coalition ready to pass first legislation as agenda for lenders' talks grows
PoliticsGreek Politicsmonth per household for up to 150,000 households with a total cost for the 9-month period of 2015... instalments at 150 euros budgeted at 40.5 million for the 9-month period of 2015. The overall cost
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Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
EconomyMacroeconomyfunding and government guarantees’ (pillar II) cost. The bank said the bulk of the NII... fell 59 percent QoQ and 37 percent YoY to 302 million with the cost of risk easing to 2.3 percent
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National Bank posts losses of 159 mln in Q1 2015
EconomyBankingis attributed to higher Emergency Liquidity Assistance (ELA) funding cost. The Greek deposit spread... owed to cost cutting in Greece and the SEE. Compared to Q1 2014, the headcount was reduced by 900
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
Economyreforms related to cost savings required by the institutions of 1.8 billion (1 percent of GDP.... The retroactive amount was due to be paid in 36 monthly installments, with the cost of 415 million
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Greek talks go down to the wire as IMF raises major objections
PoliticsGreek Politics. The IMF requests pension cost savings up to 0.5 percent of GDP for 2015 compared to 0.37 percent... to cover the anticipated annual cost of up to 1.5 billion that resulted from the recent Council
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How big is the gap separating Greece and the institutions?
EconomyProgramme’s red lines. It proposed the postponement of this measure at an estimated cost of 326 million... levels. This has an estimated cost of 1.2 – 1.5 billion on an annual basis. In a previous similar CoS
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Referendum call stretches state liquidity, pensioners first to bear the brunt
EconomyProgrammecost stands close to 275 million. This means that OAEE should seek to find 135 million in the next few... to the latest official data for May, the total monthly pension cost stands at 2.35 billion and concerns 2.66
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This is what's in the legislation Greece has to approve by Wednesday night
EconomyProgrammeand cost savings According to the General Accounting Office (GAO), budget revenues are estimated... percent of GDP) from the rise in health contributions. Moreover, cost savings from the change
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