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The ECB's strict rules apply if you dare not comply
Agorathat the ECB is also Greece's central bank, having supplied over 100 billion euros to the country’s lenders... the promissory notes arrangement the Irish budget would be hit for a decade with a net annual payment... was swapped, leading to a relief of over 10 billion euros on the budget in the first ten years
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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammein question, possibly through the passing of a new law. Fiscal issues and MTFS Although budget... by 1.13 billion, there are several items worth around 1 billion (0.6 percent of GDP) in the 2016 budget... Lottery Terminals (VLTs) with targeted revenues at 100 million. However, the VLT launch has been
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Newsletter 86 - 26/08/2016
that it will provide a trade finance facility of 100 million to Eurobank, marking the first entry... percent in 2009. In spite of a higher budget allocation to food, Greeks dietary habits have taken... in the household budget allocation, falling to 5 percent of the monthly spend. Hotels, cafes
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Newsletter 87 - 09/09/2016
of the state budget posted a drop from last year. The breakdown showed revenues grew by 3.58 billion... monthly drop also includes arrears’ clearance of 970 million, according to the July budget execution... on island hotspots when the capacity is for just under 7,500, there are currently more than 100 refugees
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Wolfgang at the door
Agoraand 2015 came to around 100 billion euros. Meanwhile, the euro exchange rate during recent years was much..., there are already concerns that Macron’s ideas, such as for an enhanced eurozone budget to boost..., Schaeuble’s parting gift to the eurozone appears to be the proposal that a common budget in the form
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General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
EconomyMacroeconomy, the state budget primary surplus rose by 963 million to 1.55 billion compared to 588 million a year ago... 100 million a year ago. Tax revenue also rose by 366 million to 4.14 billion from 3.78 billion... million) and state budget arrears (-46 million). Arrears to extrabudgetary funds fell by 12 million
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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammeversion of the budget to Parliament at the end of the month. Finance Minister Euclid Tsakalotos... Income. An additional 50 million has been earmarked for winter heating payments to take the total budget for this subsidy to more than 100 million euros. Once the 2019 excess surplus has been agreed
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Parties vie for voters' attention as New Democracy prepares for congress
PoliticsGreek Politicsto a vote in Parliament’s full assembly on Tuesday, a day before MPs begin to debate the 2019 budget... and 100 euros. The government has also broadened the number of civil servants that will receive... to the period from January 1, 2015 to December 31, 2016 and will cost the state budget 8.8 million euros
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Eurozone set to give next govt until Sept to address fiscal issues
EconomyProgramme, Greece is due to send its draft 2020 budget to the European Commission by September 15. Earlier... of a consistent under-execution of the budget. Both of these issues will have to be addressed promptly..., saving Greece more than 100 million euros in interest payments. However, official requests need
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Newsletter 211 -21/06/2019
of Finance reported this week that the preliminary budget primary balance recorded a surplus of 918... “Compensation of Employees”. On an annual basis, state budget expenditure was higher in the 2019... during the month The composition of Eurosystem funding for May revealed that ECB funding made up 100
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