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  1. Stocks surge 5.4 pct during week amid hopes for swift conclusion of review

    Economy

    been made so far, but further work is still needed including contingency measures of 2 percent of GDP... (-3.3 percent), Lamda Development (-3 percent) and Folli-Follie (-1.5 percent). The trading

    17%
  2. Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    of the full-year target of 1.63 billion) 2) Social protection (at 148 million, corresponding to 10.2 percent of the annual target of 1.45 billion) 3) Consumption and non-allocated expenditure (at 126

    17%
  3. Hopes of swift deal on contingent measures doused by technical, political complications
    Photo by MacroPolis

    PoliticsGreek Politics

    to agree on how the 2 percent of GDP (3.6 billion euros) in contingent measures could be legislated... arisen in the effort to agree the original package of measures, worth 3 percent of GDP or 5.4 billion

    17%
  4. Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders

    Economy

    almost agreed on measures worth 3 percent of GDP (5.4 billion) to achieve a primary surplus target of 3.5 percent in 2018. The sticky point at the moment appears to be the contingent measures of 2

    17%
  5. Substantial ground for Greece and lenders to cover before May 9 Eurogroup
    Photo by Can Esenbel [www.mundanepleasure.com]

    PoliticsGreek Politics

    at an agreement on the process of defining the extra 2 percent of GDP in standby measures needed... to support the basic package of 3 percent of GDP in austerity measures. This has led to Athens

    17%
  6. Negotiations between Greece and lenders: state of play ahead of Eurogroup meeting
    Photo by MacroPolis

    EconomyProgramme

    to be the contingency measures worth 2 percent of GDP the IMF is insisting they have to be detailed... government and the institutions have almost fully agreed (99 percent) on measures worth 3 percent

    17%
  7. A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors

    EconomyProgramme

    Although Greece and its lenders are continuing to debate how to set up an extra 2 percent of GDP in fiscal measures so they are on standby if primary surplus targets are missed next year or in 2018, there appears to be agreement between all sides on the basic package of 3 percent of GDP in spending

    17%
  8. Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
    Photo by EU Council Eurozone https://flic.kr/p/sspzHv

    PoliticsGreek Politics

    of the 3 percent of GDP in fiscal measures that form the basic package needed to conclude the first..., there seems to have been progress in agreeing how the extra 2 percent of GDP in contingent fiscal measures

    17%
  9. HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015

    EconomyBanking

    and lenders). 2) Planning of a coordination framework among banks with the aim to provide the guidelines and principles for finding solutions, accelerate the process and exchange of knowhow. 3

    17%
  10. Multi-bill tabled as Greece aims to take last step to completion of review

    EconomyProgramme

    of the public sector attrition rule from 1 hiring for 5 departures in 2016 to 1:4 in 2017 and to 1:3... 1.5 percent and if the programme is off track by 1.76 to 2.25 percent then 2 percent of new cuts

    17%