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IMF sees eurozone debt relief pledges failing to deliver sustainability
EconomyProgrammeFollowing the executive board meeting on July 20 that approved in principle the precautionary Stand... after the latest round of capital increases to just 20 percent (from 60 percent previously... after 2070. In similar fashion, gross financing needs are kept below 20 percent of GDP up to 2040
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Labour market reforms did exactly what they were supposed to
Agoralabour costs since euro adoption had increased by 35 percent, compared to less than 20 percent... below 20 percent of GDP, mostly boosted by tourism and shipping, while exports of goods were just 14... percentage increase is in the 4 to 10 weekly hours segment with a 40 percent rise, followed by the 20
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Greece's immediate focus on prior actions and growth plan
EconomyProgrammeof EU structural funds would go to large projects and 20 percent to SMEs. He said that Alternate Economy...), Terminal Link SAS (33 pct) and Belterra Investments Ltd. (20 pct) - that gained a 67 percent stake..., whereas HRADF is looking for 20 million euros based on independent evaluations. Post-MoU framework
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBanking. The final price was rumoured to be equivalent to more than 20 percent of the portfolio's nominal value... to Piraeus and Zepos and Yannopoulos as Greek legal counsel to Piraeus for the transaction. Around 20...) and NPE sales (-3.5 billion euros). Piraeus Bank expects to reduce the NPE balance to under 20
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Eurogroup marks end of cycle and squaring of circle for Greece
Agora20 percent of GDP, in order to give comfort to the IMF and without incurring any additional costs... to a special account in Bank of Greece and currently stands at 20 billion euros. The Commission..., the mechanism would kick in and provide relief that would keep Greece’s gross financing needs at 20 percent
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammepercent in 2060, which is above the threshold level of 20 percent which the Eurogroup considers..., which remains consistently below the 20 percent threshold in the long-term, while the debt stock... to 235 percent of GDP by 2060, whereas GFN-to-GDP exceeds 20 percent from 2033 and reaches 50
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Newsletter 168 -29/06/2018
onwards, reaching 28.1 percent in 2060, which is above the threshold of 20 percent which the Eurogroup... in terms of GFN-to-GDP ratio, which remains consistently below the 20 percent threshold in the long... to 235 percent of GDP by 2060, whereas GFN-to-GDP exceeds 20 percent from 2033 and reaches 50 percent
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Newsletter 170 -13/07/2018
that once Greece completes its current programme on August 20 the waiver on Greek bonds will be lost... to be adopted after the third programme is completed on August 20, while emphasising that it did... for the month, falling under 20 bln Greek banks’ Eurosystem funding declined substantially in June, falling
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Tsipras and Mitsotakis gear up for economy pledges, with eyes on fiscal targets
PoliticsGreek Politicsto be reduced by 10 percent in 2019 and by another 20 percent in 2020. The government is also... to incomes up to 20,000 euros, from 22 percent to 20 percent. Another measure under consideration... contributions from 20 to 15 percent over a four-year period. The New Democracy president has said he will try
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Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
PoliticsGreek Politicsfrom 22 percent to 9 percent, the reduction of corporation tax from 29 percent to 20 percent... two years, reduction in contributions to main pensions from 20 to 15 percent, scrapping of trade... funds, which includes the majority of debtors, would be allowed to pay as little as 20 euros per
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