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Greece and creditors try to untangle pension complications
EconomyProgrammefor pensioners have increased to 6 percent (from 4 percent) for main pensions and to 6 percent (from zero... will be reduced by 2 and 6 percent respectively. According to the General Accounting Office, the rise
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A breakdown of Greece’s revised financing needs as part of its new ESM programme
EconomyProgrammefor the state to cover part of its financing needs. 6) Debt amortization to the Bank of Greece - BoG... (1.8 billion). 5) Greek Loan Facility (GLF) loan (1 billion). 6) New European Stability Mechanism (ESM... compared to 6 billion in the eligibility report. The new figure takes into account the revised fiscal
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Fragility of summit pledge for border status quo already evident
PoliticsGreek Politicssit down to discuss the refugee crisis at a special summit on March 6. Athens complained on Monday... that nobody in the EU would close their borders at least until the next EU Summit on March 6. According... of the EU’s borders will not change by March 6; thus, nothing guarantees anything following
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Greek corporate lending rates up to 250 bps higher than eurozone average
EconomyMacroeconomyon total new deposits eased 6 bps to 0.49 percent, which also points to a new low. Loans... rate on new loans down by 6 bps to 4.91 percent. As a result of the 6 bps drop in both the average
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HRADF's updated plan for 19 privatisation projects published
Economyfor development and management of the total area of 6 million square meters for 99 years. The cash... is scheduled to be concluded by the end of Q3 2016. The state holds a stake of 6 percent in Hellenic... is feasible. He also stressed that the medium-term target for proceeds from privatisations of 6 billion
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Athens meets bond targets despite testing market conditions
Economyoversubscribed in excess of 6 billion euros from around 210 investors, which permitted the pricing... at 9:00 GMT on Thursday with an initial guidance of 3.75 percent and interest grew in excess of 6... an order book of over 6 billion, including 320 million from the joint lead managers. The transaction
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KINAL and To Potami snub Tsipras's call for progressives to pull together
PoliticsGreek Politicson 20.4 percent. Golden Dawn is in third place on 6 percent, followed by the Communist Party on 5.8.... According to the pollsters, 6 percent of previous SYRIZA voters will back New Democracy at the next elections, 6 percent will abstain, 17 percent will vote for other parties and 18 percent are undecided.
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Newsletter 266 -18/09/2020
estimates for 9 pct recession this year and 6 pct growth in 2021, which suggests that Greece... deficit of 6 pct of GDP, as spending has increased, and tax revenues are suffering from due to the crisis..., saw their prices increase by 3.2 percent in Q2 versus a downward revised increase of 6 percent in Q1
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NBG posts 557 mln profit in Q1
EconomyBanking63.3 percent. P&L Net interest income (ΝΙΙ) rose 6 percent YoY to 294 million, though it was down 6... percent, exceeding the minimum regulatory levels by more than 6 percentage points. When completed
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Newsletter 313 - 22/10/2021
and could add as much as 6 percentage points to the debt load and will be even more compounded once... this promise given that the Finance Ministry expects the economy to grow by at least 6 pct this year... to below 6 billion euros, beating the target by 2.9 billion euros. Industrial turnover The recovery
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