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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgrammebailout programme calling for pension cost savings of 1 percent of GDP (1.8 billion euros) in 2016...) and the huge stock of pending pensions, which have an estimated cost in excess of 2 billion. Non
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More than half of Greek households rely mainly on pensions
Societydependent on pensions, about half expect they will be unable to meet the cost of their basic needs... to pay an extraordinary bill or cost of 500 euros. Over half (52.9 percent) said they would only
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First days of talks confirm gap between Greece, lenders on pensions
PoliticsGreek Politicsmillion euros to achieve the bailout pledge for pension cost savings of 1 percent of GDP (1.8 billion... was 169 euros in July, with the annual cost standing at 3.35 billion euros for 1.65 million
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Mitsotakis aims to prove credentials by tackling party's finances
PoliticsGreek Politicsin the cost-cutting exercise was taking the decision to move the party from its large headquarters on Syngrou Avenue to a cheaper, and less auspicious building, on Pireos Street. The cost of the new
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General gov't figures shed more light on course of spending, revenues during crisis
EconomyMacroeconomy. On the expenditure front, stripping out the bank support cost of 7.16 billion, the adjusted primary expenditure... of GDP. This is the outcome if we subtract the bank support cost of 7.16 billion (4.07 percent of GDP
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Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes
EconomyMacroeconomyENFIA revenues in 2016. On the cost savings’ front, the bill includes a gradual easing of the public... in 2018. It is worth noting that the GAO report does not incorporate the estimated cost savings
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Net profit of 87 mln for NBG in Q1
EconomyBankingwith the bank expecting further cost savings in the next quarters from the implementation..., the cost of risk sharply fell to 164 basis points (bps) in Q1, from 329 bps in Q4, in line
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Newsletter 75 - 27/05/2016
on the successful completion of the programme, involve repaying some old high-cost loans and the further extension... interest income and the cost containment, while loan provisions returned to normal levels after
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Government tables amendments with aim of securing bailout tranche within days
EconomyProgrammereiterates that the cumulative cost savings from the gradual elimination of EKAS would reach 853 million... personnel, policemen, judges and others, in 2017-18 will not apply if fiscal interventions of equal cost
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During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
Societyand in 2015 reached 23.2 percent – the survey equates extreme poverty level with the cost of a “basket... or pays a mortgage, also influence the cost of this basket. Based on this method, Dianeosis researchers
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