Search
-
Newsletter 8 - 19/12/2014
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
5% -
The state of play with Greek banks' liquidity
Economyhave 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
5% -
What in the world will we do without barbarians?
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
5% -
This is where Greek gov't could find cash to cover May's obligations
EconomyProgrammeof debt obligations over the past 10 days. The first was the roll-over of 1.4 billion 6-month T-Bills... 1.9 billion euros from 9 gg entities’ cash reserves for T-Bill purchases. More than 10 billion from... in revenues from the fast-track settlement of tax arrears implemented in the last 10 days of March
5% -
Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBankingwith 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
5% -
Income inequality in Greece has grown during crisis, OECD report shows
Societywith 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
5% -
Coalition in rush to wrap up pending bailout issues
EconomyProgrammeis the conditions for the disbursement of the 10 billion euros for bank recapitalisation that is currently... to receive the 10 billion euros set aside for bank recapitalisation. Although not defined yet, the next... disbursement of both the sub-tranche of 1 billion plus the all-important 10 billion for bank
5% -
Government in race against time to resolve bailout issues
EconomyProgrammeFollowing the Eurogroup decision on Monday to decouple the disbursement of the 10 billion for bank... examining the final technical and legal details for imposing a tax of 10 percent (0.05 euros per... of the installment payment deadline) to be reduced to 20 days in June 2016 and to 10 days as of the beginning
5% -
Privatisation of power transmission firm ADMIE a key challenge among prior actions
EconomyProgramme. The relevant invitation was published by PPC on April 10, 2014. The first phase of the ADMIE tender... per Azioni. According to its 2014 financial results, ADMIE sales fell by 10 percent to 312 million... the country’s electricity imports via ADMIE, since only 25-30 percent of imports and 10 percent
5% -
Newsletter 57 - 08/01/2016
that they should have been adjusted in May 2015. For most areas, the adjustment will result in a 10–20 percent... to taxpayers providing receipts for purchases and services for an amount equal to 10 percent... euros in 2016, they will have to collect 10 percent of their income (or more) in receipts through card
5%