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Athens Stock Exchange ends week on a low, banks lose 9.7 pct
Economyof 3 million in Q1 from losses of 4 million last year on the back of a strong rise in revenues... to 80.7 billion, while the ELA liquidity buffer remained unchanged at 3 billion.
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Greece rides the ghost train
Agorafor the next few years (1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5... this out in a blog post on Sunday. Lenders are demanding 3 billion euros of fiscal measures
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomythat the outstanding balance of corporate loans fell by more than 3 billion month on month (MoM) below... of last September. Compared to last year, the end-2014 ratio rose by almost 3 percentage points (pp).
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammeprivatization revenues at 0.5 percent this year, 3 billion by 2020 and 4 billion by 2022. Under... be credited to a new subaccount to be used for payments for projects financed by EU structural funds. 3
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Tsipras turns down last-minute Juncker offer, plans to stand aside if 'Yes' wins
PoliticsGreek Politicsfor low-income pensioners (EKAS). 3) The Eurogroup would convene before midnight on Tuesday to confirm... will immediately pass the lenders’ proposals through Parliament. 3) Tsipras continues to believe that a “No” vote
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What next for Greece's revenues and spending?
Agorasocial security funds expenditure (at zero versus a full year (FY) target of 446 million) 3) Grants... (at 14.5 percent of the FY target of 591 million) 3) International Organisations and other transfers
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Greek banks in intensive care: What lies ahead?
Agorafunctions or facilitate the continuous access to deposits. 3) Separate clean and toxic assets... capital needs. 3) The recapitalization process with a combination of several options and tools currently
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This is what's in the legislation Greece has to approve by Wednesday night
EconomyProgrammeand 30,000 euros, the rate remains at 1.4 percent 3) Between 30,000 and 50,000 euros, the rate increases... for the higher rate on corporate profits 3) 251 million from the increase in the solidarity levy rates 4
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economyshows 3) Interest payments of 17.8 billion 4) Arrears clearance of 7 billion 5) Cash buffer... proposal for a loan of 7 billion with a maximum maturity of 3 months that would be disbursed
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Newsletter 37 - 31/07/2015
lenders will agree that the recession this year could be as deep as around 3 percent of GDP. Some... with salary cuts and 10 percent in personnel layoffs. Some 3 percent said they had delays in paying
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