Search
-
ESM approves next bailout tranche, providing Athens with some relief
PoliticsGreek Politicsbillion euros of bonds which are held by the European Central Bank and mature on July 20... that the second payment would "be made after 1 September 2017 subject to Greece making significant... Panos Kammenos’s intervention in the Noor 1 drug smuggling case and comments made by Finance Ministry
12% -
Unemployment falls to 21.2 pct in June, lowest since Dec 2011
EconomyMacroeconomyto May, to total 1 million in June. The labour force rose slightly to 4.8 million in June... along with a rise in those employed by 87,099. Non-seasonally adjusted (NSA) unemployment fell to 20... at 961,000, going below the 1 million mark for the first time since October 2011. Those employed rose
12% -
EC sees lower growth in 2017 but no concerns for fiscal targets
EconomyMacroeconomyat 20.4 percent in 2018 and below the 20 percent mark in 2019, at 18.7 percent. Inflation will be above 1... 2017 that include 1 percent of GDP in pensions savings. According to the Commission, this combination
12% -
Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
EconomyBankingnoted that along with the reduced NPE stock and increased deposits of nearly 1 billion euros...-to-date basis. Capital The phased-in Common Equity Tier 1 (CET1) ratio edged down to 15.1 percent in Q3... in the final quarter of the year and is expected to improve the ratio by 20 bps. The fully loaded Basel III
12% -
Newsletter 140 -17/11/2017
that are in scope for the exchange consist of a strip of 20 issues that mature annually between 2023 and 2042.... Additionally, further relaxation of capital controls were also announced, effective from December 1... falls of 0.4 percent and 0.7 percent, respectively. In other cities, prices fell by 1 percent
12% -
E-auctions get underway as draft SLA is prepared
EconomyProgrammescheduled to take place in courts in Athens and Thessaloniki, only 20 took place. The rest were disrupted... for incomes. This means it would be implemented from January 1, 2019 along with the next round of pension cuts. Each measure is seen delivering 1 percent of GDP in savings/revenues. Greece and the institutions
12% -
Newsletter 155 -16/03/2018
buffer to reach 16.4 billion euros by August, when the third programme expires. This could rise to 20... quarter-on-quarter to over 1 million, along with a fall in those employed by 87,372 to 3.7 million... dipped below the 1 million mark. Wages index improves by 0.2 pct in Q4 Year-on-year rise in index
12% -
General govt primary cash surplus at 2.58 bln in March as revenues rise
EconomyMacroeconomymillion euros compared to 1 billion a year ago. The local government surplus fell by 26 million to 176... of March. The next largest category was tax refunds, which constitute just under 20 percent... remained unchanged at 2.85 billion, representing less than 1 percent of the total. Guarantees The stock
12% -
Concerns raised about next year's pensions cuts
EconomyFeaturespensions will be cut next year, when Greece is expected to trim its spending on retirees by 1... for every 100 persons of working age (20 to 64 years). The ratio rose from 19.5 in 1975 to 27.9... of 2019, totalling 1 percent of GDP.
12% -
Newsletter 163 -25/05/2018
Strategy, which foresees primary surpluses of 3.5 percent until 2022 and pension cuts worth 1... measures, which include the base income tax rate dropping from 22 to 20 percent and the scrapping... January 1. They will help about 500,000 families cover their rent or mortgage. It is expected
12%