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  1. Two hurdles left for coalition this year before bigger challenges in 2014
    en_GB Photo by Harry van Versendaal

    PoliticsGreek Politics

    on foreclosures, which he said would protect nine out of 10 homeowners. The three key criteria... than 15,000 per year should pay a monthly mortgage payment of 10 percent of their net monthly income... to 10 percent of their first 15,000 euros of income and 20 percent for anything they earn above

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  2. One in two Greek households rely on pensions to make ends meet

    Society

    , while for 35.9 percent income from salaried or freelance work is the mainstay. Just over 10 percent... and 2013, which is higher than Hellenic Statistical Authority (ELSTAT) figures suggest. Nine in 10... they are spending less on heating and transport. Six in 10 said they have slashed their budgets for food.

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  3. Troika review begins with fiscal targets and tax breaks in focus
    Photo by MacroPolis

    EconomyMacroeconomy

    was estimated at 2.02 billion (1.1 percent of GDP) by the IMF in its fifth review report on June 10... (ENFIA) revenues, these developments mainly involve the impact from: a) Retrospective reversing of the 10... for physical persons with the target set at 10 percentage points reduction over time. To Vima

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  4. Wealth in Greece plunged by 170 bln since 2007, report finds
    Photo by MacroPolis

    Society

    population than Greece. According to JB estimates, the wealthiest 10 percent of European households have... the bottom half of wealth holders own less than 10 percent of Europe’s total wealth. Households in Austria, Germany and Cyprus have an even higher concentration with the 10 percent of wealth holders

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  5. Newsletter 8 - 19/12/2014

    Newsletters

    another 10 votes from DIMAR and Independent Greeks, which is a number that would demand a major... was transferred out of the country. In addition, 10–15 billion were reportedly kept in bank vaults and safety... that the amount of deposits above that limit now stands at 10 billion, compared to 50 billion 2.5 years ago

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  6. The state of play with Greek banks' liquidity
    Photo by MacroPolis

    Economy

    have not been announced, local media indicate that the January request referred to 10 billion euros... decision on the extension relates to the same (10 billion) or a higher amount. The cost of ELA currently...-Bill issues of 15 billion by an additional 10 billion. A higher limit requires approval by the troika

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  7. What in the world will we do without barbarians?
    Photo by MacroPolis

    Agora

    , or just over 103 percent of its economy. To service that debt Greece needed about 10 billion euros... consistently running deficits that exceeded 10 billion euros and failed to record a surplus before interest... above 10 billion. A global liquidity drain was approaching for a country that needed well over 20

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  8. DTA may spell new trouble for Greek banks
    Photo by MacroPolis

    Agora

    a capital base of 10 billion of which 2 billion or 20 percent stems from DTC, then the bank... will gradually no longer count as bona fide capital for amounts exceeding 10 percent of core capital by 2024... qualify for CET1, leaving the remaining 10 billion at risk. However, the legal framework for DTA

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  9. Piraeus Bank brings Q1 2015 losses down to 69 mln
    Photo by MacroPolis

    EconomyBanking

    with mortgages and consumer loans at 24 and 10 percent respectively. As expected, deposits fell... split between Greek sovereign (10 billion) and loans (8.1 billion). The bank revealed that the ELA.... The bank estimates synergies of 10 million and positive liquidity of 0.3 billion due to the acquisition

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  10. Income inequality in Greece has grown during crisis, OECD report shows
    Photo by MacroPolis

    Society

    with comparable data. By contrast, the top 10 percent controlled half of all total household wealth... and Greece, where the average income of the bottom 10 percent fell 13 percent per year from 2007 to 2013. This group fared considerably worse than the median and the top 10 percent. The impact

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