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  1. The key points from Greece's proposal to lenders

    EconomyProgramme

    and 23 percent to 6, 11 and 23 percent respectively. The lowest rate of 6 percent will include only... will be implemented as of October 1. 2) Introduction of a reward point system for the registration of receipts in an effort to increase VAT and income collection. 3) Increase in the solidarity levy rates to 2% (from

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  2. Terms & conditions
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    of the following sections (1) Home, (2) Politics, (3) Economy, (4) Society, (5) Statistics, (6) Charts, (7... to notify users. 6. 2. The Company reserves the right to choose, add, remove and modify the content... “certain period of time” will be decided in the future by the Company, 2. Login and License 2.1. Use

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  3. This is what's in the legislation Greece has to approve by Wednesday night

    EconomyProgramme

    and theatre a super-reduced rate of 6 percent (from 6.5 percent) is applied, while basic food, energy, hotels... the solidarity levy rate remains unchanged at 0.7 percent applied to the whole amount 2) Between 20,000... to 2 percent (from 1.4 percent before) 4) Between 50,000 and 100,000 euros, the rate rises to 4

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  4. A closer look at Greece's revised proposals to lenders

    EconomyProgramme

    and 2 percent for 2016. However, the government's baseline scenario projected a marginal primary... to be covered, the government proposed thirteen “parametric” measures worth 2 billion euros for 2015 (1.1 percent of GDP and 3.58 billion for 2016 (2 percent of GDP). On top of that, eight “administrative

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  5. A breakdown of Greece’s revised financing needs as part of its new ESM programme

    EconomyProgramme

    and SMP bonds (9.2 billion). 2) IMF debt redemption (8.4 billion). 3) Debt amortization to the private... for the state to cover part of its financing needs. 6) Debt amortization to the Bank of Greece - BoG... and SMP bonds (2.9 billion). 2) New Greek government bonds (issued after the PSI) mostly held

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  6. Greek pensions: The unsolvable equation
    Photo by Ivan T https://flic.kr/p/e6FhzZ

    Agora

    pensions from 4 percent to 6 percent and introducing a 6 percent health contribution in supplementary... two years. ΙΚΑ, Greece’s main pension fund was expected to have a deficit of over 6 billion euros in 2010, while OGA, the farmers’ pension fund was seen with a deficit of just below 6 billion euros

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  7. The key points from lenders' proposals to Greece

    EconomyProgramme

    primary surplus targets of 1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5.... The Greek proposal included 3 VAT rates at 6, 11 and 23 percent, The lowest rate of 6 percent... for everybody retiring after June 30 2) Consolidation of all supplementary pension funds

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  8. No time for Tsipras to celebrate as long list of tasks means pressure is on from start

    EconomyProgramme

    integrating into the ITC the solidarity levy as of 2016. 2) Identify all business income tax... (from 11 percent) and for annual income above 12,000 euros to 35 percent (from 33 percent). 6) Increase... the restoration of basic and supplementary pensions to their 2012 levels. 2) The gradual phasing out

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  9. Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
    Photo by MacroPolis

    EconomyBanking

    in business loans and 2 million in consumer loans, which offset a rise of 31 million in mortgages. NPL..., a strong increase of 74 percent QoQ. Operating expenses fell by 6 percent in Q3 to 249 million euros... amounted to 244 million versus 259 million for the previous quarter, down by 6 percent. In 9M, recurring

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  10. Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    of 2 percent YoY. Asset quality NPEs fell by around 1.2 billion euros in Q4, taking the stock to 24.5... billion, and Phoenix valued at 2 billion. These portfolios will be placed with the Hellenic Asset... reached 1.44 billion, a rise of 2 percent YoY. The bank’s management noted that 4.1 billion in new

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