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Greek bank recapitalisation: The story so far and what lies ahead
Economy, the European Commission estimates (under its optimistic scenario) that bank the privatisation would result... with the official estimates of the institutions overseeing Greece’s adjustment programme. In addition
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Bailout review to continue in Athens, lenders identify key tasks ahead
EconomyProgrammeestablishment of the new privatisation and investment fund, income tax code reform, pension reform... indicating that the institutions have converged on their estimates regarding Greece’s fiscal gap... Commission (EC) had a lower figure of 3 percent. In addition, the government’s estimates were
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Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes
EconomyMacroeconomy. The estimated annual revenues amount to 437 million euros, while this year’s estimate stands at 255 million... fuel is increased as of the beginning of 2017. This has estimated annual revenues of around 700... as of January 1, with estimated annual revenues of 33 million. In addition, the deductibility of company cars
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Eurobank: From nationalisation to re-privatisation
AgoraFew people noticed in July 2012 that a press release published by Eurobank concerning the intention of its major shareholder, EFG Group which was fully controlled by the Latsis family, would signal radical developments for the bank in the near future. T...
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Final Oct budget execution data reaffirms solid primary surplus boosted by privatisation takings
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 13.53 billion euros in October, compared to a surplus of 6.08 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monda...
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyto 9.67 billion (5.3 percent of GDP) in 2014. Privatisation revenues amounted to 3.8 billion... expected to be collected by March 2014. These revenues mainly relate to Bank of Greece estimated dividend... estate property tax, which will replace the current property levy from next year, are estimated
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
EconomyGreek Parliament approved on Wednesday night the privatisation of the former Athens airport, known... generation from the project operation and additional foreign tourism revenues, which are estimated... of the redevelopment project on the total employment in the Greek economy is estimated to exceed 90,000 jobs
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Newsletter 121 - 02/06/2017
privatisation programme stand at 483.87 million. On top of this amount, the HRADF said that the benefit... for the 20-year period. Revenues from AIA’s income tax are estimated to reach 1.47 billion... Parliament. The economic closure is estimated by the end of the year. The pace of credit contraction
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomy& debt Privatisation revenues in 2020 are expected to settle at 2.44 billion euros, with 376 million... percent. Private consumption growth is seen tripling compared to 2019. It is estimated at 1.8 percent... of the economy growing. Aggregate revenues in the state budget are estimated at 54.71 billion euros
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Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
EconomyProgram (EAP) target of 3 percent. The upward revised estimate for 2015 primary surplus compared... with To Vima, Staikouras said that under current estimates 2014 primary surplus is estimated at 2... or lower estimates in the final budget due to be voted in December.
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