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Two hurdles left for coalition this year before bigger challenges in 2014
PoliticsGreek Politicson foreclosures, which he said would protect nine out of 10 homeowners. The three key criteria... than 15,000 per year should pay a monthly mortgage payment of 10 percent of their net monthly income... to 10 percent of their first 15,000 euros of income and 20 percent for anything they earn above
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Bank of Greece decision bolsters Greek lenders’ capital ratios
EconomyMacroeconomyrecognition up to 10 percent of CT1 with a 10-year phase out period. This means that following... should gradually reduce the DTA recognition by 10 percentage points per annum in each of the next... and finally up to 10 percent in 2023. The next important developments for Greek banks involve
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One in two Greek households rely on pensions to make ends meet
Society, while for 35.9 percent income from salaried or freelance work is the mainstay. Just over 10 percent... and 2013, which is higher than Hellenic Statistical Authority (ELSTAT) figures suggest. Nine in 10... they are spending less on heating and transport. Six in 10 said they have slashed their budgets for food.
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As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis
EconomyMacroeconomy. The respective figure as a percentage of GDP, which remained below 10 percent until the first quarter of 2010..., compared to less than 10 percent for the eurozone average. The 27.7 billion euros of withdrawals from... were transferred from Italy on June 10, 2010, 1.92 billion from Austria on June 16, 2011 and 1.84
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Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomywas estimated at 2.02 billion (1.1 percent of GDP) by the IMF in its fifth review report on June 10... (ENFIA) revenues, these developments mainly involve the impact from: a) Retrospective reversing of the 10... for physical persons with the target set at 10 percentage points reduction over time. To Vima
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Wealth in Greece plunged by 170 bln since 2007, report finds
Societypopulation than Greece. According to JB estimates, the wealthiest 10 percent of European households have... the bottom half of wealth holders own less than 10 percent of Europe’s total wealth. Households in Austria, Germany and Cyprus have an even higher concentration with the 10 percent of wealth holders
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Greece said to eye exit plan with precautionary support but no new MoU
EconomyProgrammeeuros but the government reportedly estimates that more than 10 billion will still be available after... redirected The untapped 10 billion euros would be returned to the ESM but they would form... market access, which are estimated between 6 to 10 billion. For 2016, the 6 billion euros
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Newsletter 8 - 19/12/2014
another 10 votes from DIMAR and Independent Greeks, which is a number that would demand a major... was transferred out of the country. In addition, 10–15 billion were reportedly kept in bank vaults and safety... that the amount of deposits above that limit now stands at 10 billion, compared to 50 billion 2.5 years ago
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DTA may spell new trouble for Greek banks
Agoraa capital base of 10 billion of which 2 billion or 20 percent stems from DTC, then the bank... will gradually no longer count as bona fide capital for amounts exceeding 10 percent of core capital by 2024... qualify for CET1, leaving the remaining 10 billion at risk. However, the legal framework for DTA
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This is where Greek gov't could find cash to cover May's obligations
EconomyProgrammeof debt obligations over the past 10 days. The first was the roll-over of 1.4 billion 6-month T-Bills... 1.9 billion euros from 9 gg entities’ cash reserves for T-Bill purchases. More than 10 billion from... in revenues from the fast-track settlement of tax arrears implemented in the last 10 days of March
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