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For Stournaras, it's out of the frying pan and into the heating oil
PoliticsGreek Politicsoil subsidy from 0.28 euros per liter to 0.34. The report says the letter was sent without... smuggling, which was estimated to be worth 600 million euros a year in Greece. However, the hike led
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Bank of Greece decision bolsters Greek lenders’ capital ratios
EconomyMacroeconomyshould gradually reduce the DTA recognition by 10 percentage points per annum in each of the next... from 13.5 percent, implying a capital boost of 900 million. Similarly, Alpha Bank CT1 is estimated
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Spain’s economic recovery languishes amid graft scandals
Agoracurrent job, moved to an IT company that pays her 350 euros per month with no hope of improving her... the 0.5 percent rate calculated by the European Commission but lower than the 1 percent estimated
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Shortcomings in healthcare seen at forefront of austerity impact in Greece
Societyof 14.5. Per capita healthcare spending was reduced by 11.1 percent between 2009 and 2011 – the largest... not been updated to take into account the new social reality. An estimated 800,000 potential beneficiaries
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Political tremors shake Spain, overshadow economic progress
Agorasector. “The crises have demonstrated that Spain is too big to fail, as per systemic banks... percent of GDP. The needed adjustment has been estimated at nearly 13 billion euros. In this context
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Paris talks mark start of Greece's most crucial troika review
EconomyProgrammereached 7.24 billion in 2014, implying an average increase by 1.03 billion per month. Including... indicate that it is estimated at 900 million by the Greek government and at 2 billion by the troika
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economycoffers by the end of the year corresponding to revenues of 5.5 billion per month. In the 8-month... will be missed accordingly. For the remainder of the year, the payment of ENFIA with estimated revenues of 2.65
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Moody's sees 1.2 pct growth in Greece next year but highlights political risk
Economy: Relatively wealthy population with a high per-capita income compared to its peers. Ongoing euro area... risks. According to Moody’s, Greece’s gross financing needs are estimated at more than 20 billion euros
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The six reform proposals Greece hopes will help unlock more funding
PoliticsGreek Politicssubsidies of between 70 and 220 euros per month for some 30,000 households. The General State Accounting Office has estimated the cost of these measures at just over 200 million euros and the draft law
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This is how Greece kept its budget on track in Q1
Agorathan the target. Salaries and pensions were estimated at an average of 1.56 billion euros per month
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