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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammeRevenues. 2) Develop a cost plan for the promotion and facilitation of electronic payments. 3... market rules to avoid that any plant is forced to operate below variable cost. 4) Regulation according
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomyrelate to: Expenditure and cost savings (2.39 billion – 37.5 percent of total) 1) Increase in health care... recapitalization cost. Debt servicing (interest payments as a percentage of GDP) are seen stable
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NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
EconomyBankingat a higher cost by and b) the depreciation of the Turkish lira, which led Turkish NII down 2.2 percent... rose by 5.2 percent QoQ to 552 million. As a result of the higher income - compared to cost - growth
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Newsletter 48 - 23/10/2015
, it adds a substantial cost for parents sending their children to private schools. Matters were made... their children to private schools are “well off” and can afford the extra cost. Fees at private schools
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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomy), rise in the corporate tax rate (150 million). Cost savings of 2.53 billion euros in total... billion euros in 2015 from 317.12 billion in 2014 as the bank recap cost of 10 billion is more than
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Coalition considers options for addressing pension system sustainability
EconomyProgrammeand strengthening of the audit mechanisms. The third memorandum of understanding (MoU) calls for cost..., reduction in the number of EKAS beneficiaries and cost savings of around 700 million that were
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Gov't hits back as pension reform row heats up
EconomyProgrammeset out that the pension cost should not increase by more than 2.5 percentage points of GDP by 2060... the sustainability of the pension system. 4) The pension cost in Greece stands at 17.5 percent of GDP
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The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
EconomyProgrammeunclear whether the institutions agree on the proposed measures to cover the targeted pension cost savings of 1 percent of GDP for 2016. In the 2016 budget, the Finance Ministry (MoF) adopted those cost
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Where things stand on the Greek pension reform proposals
EconomyProgramme600 million euros required for achieving the agreed pension cost savings of 1 percent of GDP (1.8 billion euros) in 2016. The government insists on increasing revenues rather than cutting cost (i.e.
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IMF: Greece's GDP spend on asylum seekers 6th highest in EU
SocietyThe fiscal cost to Greece of asylum seekers was 0.17 percent of GDP, or some €300 million euros, in 2015, according to a new report from the IMF that looks at the economic effects of refugee crisis on Europe. Greece’s fiscal cost figure ranked sixth out of 18 EU countries and Serbia, the report
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