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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammewill have to achieve by mid-October for the disbursement of the next bailout sub-tranche of 2 billion... strategy for the banking system 2) Completion of a credible strategy on non-performing loans (NPLs... supplementary funds into ETEA was signed on August 25 and became effective as of September 1 2) Early
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Tailor-made Maastricht criteria for Greece?
Agorainteresting detail is that the 5 percent nominal growth rate can be thought of as 2 percent... for a maximum debt ratio of 60 percent, then the tolerable maximum deficit would have been 2 percent..., and a possible reform of the Maastricht Criteria? Table 2 provides some data. Based on the most likely
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The key points from Greece's proposal to lenders
EconomyProgrammewill 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... of the social security funds (SSFs) into three in two phases and over a period of 3 year. 2) Suspension
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Newsletter 47 - 16/10/2015
statements they expect a softer GDP contraction of between 1.5 to 2 percent this year... and 3.3 percent YoY in Q3 and by a further 2 percent QoQ and 5 percent YoY in Q4. The full-year... than its previous forecast for a recession of 2 percent for 2015. Note, though, that the bank
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyhas stayed above 2 percent for four out of the five previous quarters. In addition, GDP at current... outlooks unchanged at 2 percent for this year and 2.4 percent for next year. The European Commission... to 2 percent from 1.9 percent in the previous forecast. Growth of 2 percent was also anticipated
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingof the law 3869/2010 backlog in 2019. Sales from Pillar and Cairo portfolios, worth 2 billion and 7 billion... to the SPV and 2 billion from the securitisation of 2 billion euros-worth of housing loans under... basis points of total assets in 2018. Operating expenses fell by 2 percent QoQ to 461.5 million in Q4
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The case of SYRIZA's fiscal performance
AgoraSYRIZA accomplish this? To boost the fiscal balance, SYRIZA 2 increased revenue and cut expenditure... families.[2] Direct income taxes under SYRIZA were lower than under Samaras, and Greece received fewer... experience with Varoufakis. On the expenditure side, SYRIZA 2 cut spending on goods and services
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No image availableof the following sections (1) Home, (2) Politics, (3) Economy, (4) Society, (5) Statistics, (6) Charts, (7... “certain period of time” will be decided in the future by the Company, 2. Login and License 2.1. Use... The subscription service consists of the following options: (1) the Standard Access and (2) the Full Access
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A closer look at Greece's revised proposals to lenders
EconomyProgrammeand 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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Growing hopes that Greek recession will be milder than expected
Economythis year, which is much softer than its previous forecast for a recession of 2 percent for 2015. Note, though, that the bank expects a bigger decline in 2016, when it believes GDP will fall by 2 to 3... by 1.5 to 2 percent this year, on the back of a drop in private consumption by 1.5 to 2 percent
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