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Progress in bailout talks but foreclosures and NPL management stand in way of agreement
EconomyProgrammeon the government’s proposal to cover a total of around 58-60 percent of indebted households so... but the idea of using the homeowner’s total debt seems to be off the table. On the management of NPLs...’ capital increases with their book-building process expected to end within with this week amid
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Greece close to agreement that would unlock sale of Astir Vouliagmenis
Economy) with the total size of the hotel complex at 120,000 square meters. Market sources indicate that NBG would receive 300 million from the total consideration of 400 million and HRADF the remaining 100 million... the completion of the transaction, which would reportedly include a capital increase covered by the state
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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammein contributions e.g. for 1 pp in total. This means that the government has to consider alternative measures... in the implementation process. In addition, the government has to identify measures yielding in total 1 percent..., also encouraging the return of deposits and the lifting of capital controls. In addition, it would
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HRADF's updated plan for 19 privatisation projects published
Economyfor development and management of the total area of 6 million square meters for 99 years. The cash.... The process for the sale of a 67 percent stake (of the total 74 percent owned by HRADF) in Thessaloniki Port... of capital to shareholders, the appointment of advisors in Q3 2016 and business plan. In addition
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Vast majority of Athens homeless ended up on streets during crisis
Society. One fifth of the total homeless (21.7 percent) said they had lost their home in the last year..., a total of 46,156 supermarket vouchers worth 1.846 million euros were distributed to 8,996... of their home, research stemming from a Norwegian-funded antipoverty programme for the Greek capital has
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Newsletter 83 - 22/07/2016
Parliament’s approval on Thursday night. A total of 179 MPs from SYRIZA, Independent Greeks... turnover rose by 3.7 percent, but it accounts for just a fraction of the total industrial index..., respectively, while capital goods and consumer non-durables slipped by a smaller 2.6 percent. Unpaid social
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Deposit inflows of 1.07 bln in June, highest in first half of 2016
EconomyMacroeconomyreturn to Greek banks in the coming months. Total deposits - which also include general government (gg... it highest level in 2016 of 138.89 billion. In addition to private sector inflows, the positive flow of total... the recent easing of capital controls, the government expects depositor confidence to be gradually restored
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Deposit flow turns negative, outflows of 153 mln in July
EconomyMacroeconomyin savings, while time deposits posted inflows of 809 million. Total deposits - which also include general... of 334 million from other euro area residents. The absolute figure of total deposits reached 140.19... of capital controls has resulted in inflows of less than 1 billion in the past two months. It should
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A market for NPL resolution
Agoraof continuously rising “red loans” in their portfolios. NPE stocks reached a total of 115.54 billion... businesses. Together they accounted for more than 40 billion euros of the total NPE stock in Q2 2016... crisis in the making since 2008 with the advent of the global financial meltdown in capital markets
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Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomywas granted in July and August, while arrears of 1.44 billion in total (including tax refunds... pensions (265 million) 3) Granting social allowances for a total amount of 871 million in 2017, which... with the gradual relaxation of capital controls and the progress on the settlement of non-performing loans
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