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Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche
EconomyProgramme. The ballot may be delayed until October 17, instead of the initially scheduled October 15, according... retirement age limits gradually increase as of August 19 until January 1, 2022. 2) The minimum pension... years. Until then, these pensioners will receive only the part of theirs pension that corresponds
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Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance
EconomyMacroeconomy, the year to date outperformance of 535 million euros until August turned to an underperformance... government decided ENFIA to be paid as of October in five instalments until February. In addition... to be met. Until now, the only month with revenues above the 5-billion mark was July, when revenue
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Newsletter 47 - 16/10/2015
nationalist, Nikolopoulos was a New Democracy MP until 2012, when he quit soon after it formed a coalition... evasion, until a clearer picture emerges about the government’s prospects. With some people expecting... in his chequered past. Until he hot-footed it to New Democracy headquarters in early 2012
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A Eurogroup deal that might be hard to stomach
Agorabut the concessions from the eurozone are limited. Any major interventions have been deferred until 2018..., large-scale debt measures are not due to happen until after the German elections in autumn next... of GDP up to 2040 and under 20 percent until 2060. According to the IMF’s analysis, a significant debt
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Privatisations in Greece: A win-win that's difficult to achieve
Agorafor an additional 20 years, that is until 11 June 2046. HRADF to HCAP According to various media reports... superfund. As it will take time until the new agency is fully operational, we should expect... – will first proceed with the conclusion of an agreement to extend the concession by 20 years until
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Sallas exit from Piraeus marks end of era in Greek banking sector
EconomyBankingbut delayed putting it into effect until the assessment of banks’ BoD members by the Hellenic Financial... professor Charikleia Apalagaki was elected as interim chairman until the election of the new one. Sallas... Sallas’s leadership until the early 2000s, when it acquired Macedonia-Thrace Bank, XiosBank
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Tsipras freshens up cabinet, looking for balance with party and lenders
PoliticsGreek Politicswith the judiciary. He was replaced by Stavros Kontonis, a lawyer who had been sports minister until now... addition at the Economy Ministry is Stergios Pitsiorlas, who until now headed Hellenic Republic Asset... headed the minister’s office until now. Achtsioglou will have a key role in the upcoming talks
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Greek households saw net financial wealth plummet by 37.5 pct during crisis
EconomyMacroeconomy. In the succeeding period until Q2 2012, Greek households’ net financial wealth tumbled by 65.3 percent... soared by 79.8 percent in the following period until Q1 2016 to 135.9 billion, mostly reflecting... of the spectrum, Greek households’ liabilities recorded a steady increase from Q1 2002 until their peak in Q3
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Lenders to put onus on Tsipras with offer to wrap up review
PoliticsGreek Politicshas proposed. Although the Greek government insisted until recently that it would not legislate any... to vote for measures he insisted until recently would not be needed. The detailing of medium-term... his prize. If, for instance, any meaningful discussion is put off until after the German elections
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In absence of bond issue, coalition ponders next moves
PoliticsGreek Politicshas split its remaining 26 months in office into two phases: One which lasts until August 2018, when the bailout ends, and the other that runs from then until September 2019, which is when the coalition... and Transparency committee managed to delay until September a hearing at which Kammenos will have to answer
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