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The key points in Greece's new bank recap bill
Economyfirms. 7) Banks may recognise Deferred Tax Asset (DTA) for credit risk until the end of June 2015 (previously until the end of 2014), 8) HFSF capital is set at 50 billion euros and its tenure is until
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Newsletter 52 - 20/11/2015
the transition period until 2050. However, the involved parties disagree over how this buffer would... to stem the flow from its shores until it has obtained a good enough offer from the EU... is not willing to take decisive action until it is clear what the EU is willing to provide in return
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Stock market slips 1.4 pct dragged by huge bank losses
Economyuntil December 1 to facilitate the reverse split process, while the resulting shares will resume trading on December 2. For the same reason, NBG stock will cease trading from December 30 until... to 300 million euros from November 30 until December 2 with the offer price set at 0.02 euros
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Mood sours as focus switches to next set of prior actions
PoliticsGreek Politicsto stay until Friday so the two sides can discuss the content of the upcoming legislation for the 13... may drag on until the summer. What really annoyed Athens, though, was a reference to an alleged... relief, though, cannot begin until the first review has been completed. Tsakalotos has indicated
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Newsletter 64 - 26/02/2016
largely alien to Greece until now. Prime Minister Alexis Tsipras described it as a Ku Klux Klan-type... of Europe as a result of the influx of thousands of people from Syria, Iraq and Afghanistan. Until now... things up. Until recently, the impact of the refugee crisis was largely felt on Greeceās fringes, its
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The refugee crisis and the beast within
Agoraplace in other European countries but this type of symbolism has been largely alien to Greece until... of thousands of people from Syria, Iraq and Afghanistan.** Until now, Greek society has largely..., while neo-Nazi Golden Dawn has also sensed an opportunity to stir things up. Until recently
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammeto be applied to all incomes. Until now, the whole tax break applies for annual income up to 21,000 euros..., with the lower rate of 22 percent to be applied for annual incomes up to 22,000. Until now, this rate...-residence housing NPLs was recently extended until April 15 through a legislative amendment.
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Gov't unveils bill to overhaul pension system, increase income tax revenues
EconomyProgrammefrom the beginning of June 2016 until the end of May 2019. A lower rise by a total of 0.5 points would be applied from the succeeding 3-year period until the end of May 2022. During a 4-year transitional period (until the end of 2020) a discount will be applied for the new contributions for the ex
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Ministry's actuarial study shows the devastating impact of the crisis on the pension system
Economyincreased retirement resulted in a notable rise in the number of pensioners. From 2000 until 2008... digit levels from 1980 until 2009. The wealth (cash reserves and bonds) of pension funds was reduced.... As a percentage of GDP, pension deficit exceeds 9 percent from 2015 until 2019 and is equivalent
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Eurozone sets out proposals for staggered debt relief for Greece
EconomyProgrammeby setting loan repayments as 1 percent of GDP until 2050 and linearly amortised after that A capping... of the 2 percent being deferred until 2050. The accumulated and capitalised deferred interest would... percent of GDP until late 2030s and below 20 percent afterwards. If, however, there is weaker growth
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