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Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
EconomyProgrammeis set to agree to the threshold for the maximum deposits an applicant can have being set at 30 percent of the residual mortgage. The maximum level of the residual mortgage was set at 130,000 euros in the government’s original proposal. The report also suggests that Greek authorities are set
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Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector
PoliticsGreek Politics, tourism confederation SETE and its 13 member organisations set out a number of demands, ranging.... SETE is also set to submit a set of proposed hygiene protocols for the hospitality sector... that the government hoped to publish a set of hygiene protocols for the industry as early as this week
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Enhanced support package on way to combat inflation, as govt awaits crucial nod from EU
PoliticsGreek Politicsthe effects of the war in Ukraine on inflation. With the cost set to balloon over the coming weeks... finances. Subsidies on energy bills are set to continue in March at the same levels as February, which.... At the same time, following the new guidance from the EU, support for industry is also set to rise in April
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Government dampens expectations for handouts in PM's speech
PoliticsGreek PoliticsIn less than three weeks, Prime Minister Kyriakos Mitsotakis will attempt to set the tone for his... to set aside between 1.5 and 2 billion euros to allocate to taxpayers via various assistance packages... that the total amount that would be allocated to support measures would not exceed 450 million euros
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Tempe and Predatorgate court cases bring government scandals back to fore
PoliticsGreek Politicsthe judicial process. A total of 36 defendants – all of them rail and transport officials – face charges... in the converted university conference venue which had been set up to house the proceedings. The court is set to call 350 witnesses in the presence of up to 200 lawyers, and the Justice Ministry spent
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PM paves way to elections with three-year growth plan as ballot speculation simmers
PoliticsGreek Politicsto plan development policy over the term of the next government term. The funds are set to target... that the real convergence with Europe will be judged by the total volume of investment, public and private... estimated to be in excess of 1 bln euros. Mitsotakis himself is set to determine the allocation
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoraon a two-year downward trajectory. As graph 1 below illustrates total lending to the real economy shows... constraints and new credit transmission channels As graph 2 (below) underlines, the total volume... “humiliating”.[3] More attractive price levels could be achieved by pooling NPLs of different
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Regional airports deal represents biggest privatisation yet for Greek government
Economy, HRADF has completed 18 privatization projects in the last 3 years with total proceeds of 5.36 billion... adjusted to the consumer price index, which brings the total consideration to 2.15 billion at current..., Mytilini, Mykonos, Samos, Skiathos. In 2013, these airports served a total of 19.1 million passengers
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Newsletter 16 - 20/02/2015
owe less than 5,000 euros, stand at just 3 percent (2.3 billion) of the outstanding amount of 76... percent of total, corresponding to 73.7 billion. Another important conclusion mostly related... stands at just 9 billion or 11.6 percent of total. Of this amount, the Finance Ministry aims
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Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target
Economyof the total revenue revision. In addition, direct taxes also fell by 10.4 percent in September after... in September and 3 percent in the 9-month period to 16.43 billion, 194 million short of the revised... of 446 million) 3) Grants to hospitals (at 37.9 percent of the FY target of 1.16 billion) 4
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