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Greece expects review to be completed by May 1 despite IMF objections
EconomyProgrammeareas of disagreement. The non-paper says that 2.6 billion euros worth of measures out of a total... pension replacement rates but, the ministry admits, the IMF objects to the government’s proposal
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Newsletter 71 - 22/04/2016
bill incorporates lower pension replacement rates by up to 3.9 percentage points compared.... Banks may sell up to 50 percent of their total 37.7 billion EFSF bond holdings to the ECB, replacing
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Piraeus first Greek bank to repay Pillar II bonds, others to follow
EconomyBankingpaid to BoG a total of 914.6 million euros in 2015 as interest expense for ELA funding, compared to just 40.5 million in 2014. The elimination of Pillar II bonds coupled with lower time deposit rates
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammereforms but also on other measures, each yielding 1 percent of GDP to a total of 3 percent of GDP (5.4...) will be widened and the tax rates will be adjusted to offset the reduction in the objective
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Newsletter 75 - 27/05/2016
, payment deferrals and fixed interest rates for an extended period, with the aim to reduce Greece’s... to the reduction in FSM loans by 1.42 billion. Where now 10.3 bln tranche? From the total amount
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During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
Societyfaced lower extreme poverty rates than those with children, with the exception of those with three... percent of GDP) could lift 613,704 people out of extreme poverty, or 37 percent of the total 1,647,703
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In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
EconomyProgrammeto 1.5 percent after 2021 and decline to 1.25 percent after 2030. 2) Total privatisation proceeds of 18... interest rates, extension of maturities and grace periods for principals and interest as well as use
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Industrial turnover dives by 15.3 pct in April in fourth straight double-digit decrease
EconomyMacroeconomyat a slower pace of 11.2 percent, but it makes up just a fraction of the total index. The industrial turnover for both the domestic and non-domestic market posted double-digit drop rates of 13 and 18.6
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Newsletter 79 - 24/06/2016
Assistance (ELA) for ECB funding. Greek banks hold a total of 9.3 billion of ECB-eligible assets... by 34.9 percent, while single-digit drop rates were recorded in intermediate (-6.6 percent
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Industrial turnover plunges 13.4 pct in May for fifth successive double-digit drop
EconomyMacroeconomya fraction of the total industrial index. The turnover for both the domestic and non-domestic market...ectrum, double-digit growth rates were recorded in tobacco products (+19.4 percent), mining of metal
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