Search
-
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% -
If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study
EconomyMacroeconomypercent for incomes between 10 and 30,000 and 20 percent for incomes over 30,000. If the minimum... low at 20.1 percent in 2017 versus the 34.9 percent EU average. The report concludes that every 1... 1 ppt increase of card use as a share of private consumption increased VAT revenues by 1.4 ppt
12% -
Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
EconomyProgrammealso had to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos... he insisted would take place well before August 20, when the programme ends. He drew attention... to reduce pension spending by 1 percent of GDP or whether it will be able to avoid the cuts, a number
12% -
For better or worse: Greece's bailout exit deja vu
Agora, will see out on August 20. That finishing line had been his main political target since he realised... of pensions spending by 1 percent of GDP and collecting more revenues, also worth 1 percent of GDP
12%